City Eyeing Former Albany Theatre for Business Incubator/Health Clinic
Press release from the issuing company
Tuesday, February 22nd, 2011
The Albany City Commission learned Monday that city staff, in conjunction with the downtown manager, are in negotiations to acquire one of the city’s most historic downtown buildings to house its health clinic and retail business incubators.
Assistant City Manager James Taylor told the commission that negotiations are still fluid but that the city had put down up to $1,000 of earnest money to acquire the former Albany Theatre on the 100 block of North Jackson Street.
The city will likely ratify tonight a nonbinding vote it made during a work session earlier this month to award a contract worth roughly $1.2 million over the next three years to North Carolina-based HealthStat for a health care clinic for its employees.
