Is it a bird or a plane? No it's a crane - WALB.com, Albany News, Weather, Sports

Is it a bird or a plane? No it's a crane

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February 12, 2003

Albany - A gigantic crane towering over downtown Albany reminds us that major developments are underway. The crane moves the massive steal beams needed to build the River Center.

Right now, construction crews are creating the blue hole - an underground aquarium. Development of the $25,000,000 River Center remains on schedule. Meanwhile, the Center's proposed neighbor, a 120-room Hilton Garden Inn Hotel and Conference Center, is closer to becoming a reality.

"We're waiting to hear from local banks about a $5,000,000 loan needed to complete the project's funding," said Tommy Chatmon. "We should know something in four weeks or less."

City commissioners already approved the application of a $5,500,000 HUD loan for the hotel. Both projects are set for completion in June 2004.

Posted at 2:50PM by kathryn.murchison@walb.com