Developer sees potential in downtown plans - WALB.com, South Georgia News, Weather, Sports

Developer sees potential in downtown plans

January 23, 2004

Albany- Peter Studl is the proud owner of downtown Albany property.

Many people wouldn't call this block on Front Street prime property, but Studl says it will be. His plans for some of this property is how he hopes to make that happen.

No, he's not starting his own fire station. But he is opening Fire Truck Pizza later this year.

"This truck is from New York." These antique fire trucks from all over will be part of the atmosphere. "This will be cleared out to make a booth."

He's got plans for the rest of this area too. He's even finalizing a purchase on the junction on Residence Avenue for office space. But some people in Albany are still skeptical any of this could turn into bustling businesses.

"They're either really right or really wrong," Studl said. "You can make it work here. All the ingredients are here to make this downtown work."

Mayor Tommy Coleman wants to establish tax allocation districts to give developers like Peter incentive to build in blighted areas. The city commission will have to vote on Coleman's plan and decide which areas of the city would qualify. Studl says he's seen it work before.

"The taxing bodies agree to take the increase in taxes that would incur because of the improvements and invest them back into the development or the community around the development, so nobody really loses."

And downtown Albany could gain. With or without tax benefits, and regardless of the past, Studl sees potential here.

"You can't look entirely at what the failures have been. You learn from them, but you can't be totally guided by them."

He hasn't been. And he hopes to turn this property into a prime place everyone in Albany can be proud of.

posted at 9:50 p.m. by brannon.stewart@walb.com

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Engineers wanted for volunteer boards

    Engineers wanted for volunteer boards

    Tuesday, November 21 2017 4:31 PM EST2017-11-21 21:31:38 GMT
    Engineers are need for a couple volunteer boards. (Source: WALB)Engineers are need for a couple volunteer boards. (Source: WALB)

    The county commission approved a large number of annual board positions this week, including roles with Keep Albany Dougherty Beautiful and the Hospital Authority. 

    More >>

    The county commission approved a large number of annual board positions this week, including roles with Keep Albany Dougherty Beautiful and the Hospital Authority. 

    More >>
  • Small business owners ready for holiday shoppers

    Small business owners ready for holiday shoppers

    Tuesday, November 21 2017 4:29 PM EST2017-11-21 21:29:07 GMT
    The owner of Merle Norman in Albany is preparing for the holiday season. (Source: WALB)The owner of Merle Norman in Albany is preparing for the holiday season. (Source: WALB)

    From those who have been in small business for decades, to those who are newer to the small business community, small business owners are gearing up for what should be a busy weekend. 

    More >>

    From those who have been in small business for decades, to those who are newer to the small business community, small business owners are gearing up for what should be a busy weekend. 

    More >>
  • Modern Gas offers turkey frying safety tips

    Modern Gas offers turkey frying safety tips

    Tuesday, November 21 2017 4:11 PM EST2017-11-21 21:11:16 GMT
    If you are frying a turkey, keep your fryer on flat ground, far away from the house. (Source: WALB)If you are frying a turkey, keep your fryer on flat ground, far away from the house. (Source: WALB)

    If you're frying your turkey this Thanksgiving, folks at Modern Gas have some tips, so you can avoid a 911 call.  They said the key is to keep your fryer on flat ground, far away from the house.  

    More >>

    If you're frying your turkey this Thanksgiving, folks at Modern Gas have some tips, so you can avoid a 911 call.  They said the key is to keep your fryer on flat ground, far away from the house.  

    More >>
Powered by Frankly