Derek Waltchack

Partner at Shannon Waltchack

As urban revitalization thrives in Birmingham, Derek’s leadership stands out as a prominent force. He put his initial stamp on downtown Birmingham in 2010 with commercial development near the city’s new Railroad Park, spearheading a $4.5 million renovation that transformed a 100-year-old warehouse into a cutting-edge business center known as Railroad Square. In May of 2013, Shannon Waltchack launched yet another progressive move, Birmingham’s first crowd-sourced development. By popular vote, the development is now known as The Stockyard @ Railroad Park and includes commercial space using shipping containers, another first in Birmingham. A recent article in The New York Times lauded the progress in downtown Birmingham, featuring Derek as a key player.

Derek is a subject matter expert on Bitcoin, and Blockchain and how those technologies are impacting the economy in general and commercial real estate specifically.

In 1998, Derek was recognized as a Top Producer among all commercial agents in the city, achieving a level of $20 million in transactions, the youngest agent ever to have received this award. In 2013, Derek was named the Commercial Member of the Year for Alabama by the National Association of Realtors (NAR).

Derek has served on the board of directors for the Vestavia Hills Parks and Recreation Foundation, the Boys and Girls Club of Central Alabama, the Shades Valley YMCA, the Business Advisory Board for the Brock School of Business, and the Chestnut Growers of America.


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Timeline

  • Partner

    Current role