Downtown Mobile Alliance president, CEO steps down

Pat O'Donnell
·2 min read

MOBILE, Ala. (WKRG) — Downtown Mobile Alliance President and Chief Executive Officer Elizabeth P. Stevens announced she is stepping down, according to the organization.

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Stevens has held the position since the organization began in 2005. She will stay on the board through the end of the year as president and CEO emeritus to aid the leadership transition.

“Downtown Mobile Alliance has been my home for nearly 20 years,” Stevens said. “I’m so proud of all that we have accomplished, both at the Alliance and at Main Street Mobile during the 15 years prior to the formation of the Business Improvement District. Now it is time for me to move on to allow the Alliance to transition to its next chapter.”

Elizabeth P. Stevens (News 5 Photo)
Elizabeth P. Stevens (News 5 Photo)

The release said Stevens and the board discussed this transition for several weeks and agreed last week.

“Elizabeth’s outstanding contributions to the redevelopment and growth of downtown are too numerous to list, but suffice it to say that without her efforts, Downtown Mobile would be a very different place today,” Downtown Mobile Alliance Board Chairman Matt LeMond said. “She can be proud of her legacy in leading the Downtown Mobile Alliance and facilitating the work of the Downtown Mobile District Management Corporation and Main Street Mobile.

“Thanks to Elizabeth’s vision and hard work, with the support of the board, the City Council, the Mayor’s Office, and the Mobile County Commission, downtown Mobile now thrives as a business, arts, and entertainment district, welcoming visitors, residents, and new businesses to a clean, friendly, and vibrant urban setting.”

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The alliance noted how the downtown area is thriving during the “post-COVID world” with some examples, as quoted below:

  • “201 New Residential Units open or under construction

  • 694 New Residential units on the drawing board

  • Office building occupancy has gone from 83.6% in 2019 to 87% in 2023

  • Office rent per square foot has risen during the same time

  • Downtown Mobile shows a 99% return to office (Source: Placer.ai)

    • 2019 – 21.7K workers

    • 2024 – 21.5K workers”

This is a developing story. News 5 will update this article as more information becomes available.

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