Riverfront Retail Project Gets 8 Business Letters-of-Intent
Friday, June 13th, 2014
On the day he announced that he would be leaving Albany for a leadership position in Fresno, Calif., Downtown Manager Aaron Blair talked excitedly about what could turn out to be the biggest triumph of his almost four years in Southwest Georgia.
The Albany-Dougherty Inner City Authority board offered tacit approval of a call for $450,000 in funding to go with a $1.1 million investment by Shandon Marketplace Development that could bring as many as eight new storefront businesses and dozens of other smaller shops downtown along Front Street and Pine Avenue.
The ADICA board voted Wednesday to commit the funding once Shandon Marketplace officials complete a “formal proposal” that would set the benchmark for future funding requests downtown.
