Millions in Construction Headed for Downtown
Press release from the issuing company
Friday, March 4th, 2011
Downtown is on the cusp of a series of developmental changes fueled, in part, by an injection of cash from the Albany-Dougherty Inner City Authority.
Following its meeting Wednesday, ADICA decided to move forward with discussions to deed over a portion of properties it owns downtown to the Destiny Group, a firm of private developers who have approached the group about partially backing millions in multi-phase developments, Downtown Manager Aaron Blair said.
The first development planned is construction of a Homerun Foods convenience store and gas station on the site of a parking lot on Oglethorpe Boulevard near Capitol City Bank.
