Valdosta - The parking lot at Five Points Shopping Center stays pretty empty these days, but that wasn't the case 20 years ago. "This was the main attraction, the main party of Valdosta," said Irene Gung, Real Estate Developer.
Irene and Mike Gung want to make that happen again. They plan on transforming this worn-down, vacant building into a popular shopping complex. "We're going to clear out everything and replace everything inside, and make it all brand new, more commercially valued," said Gung.
Right now its full of junk from what once was a flea market, but when the remodeling is complete, there will be room for about a half dozen businesses. "They're going to be store units in the front and we're going to lease them off for retail use," said Gung.
The renovations are just getting started, but the Gungs have already heard from several people interested in moving their business in. "Some have called from out of town, most from inside," said Gung.
And one business has already committed. "An upscale Japanese restaurant, its going to have 12 food stations, a sushi bar, an express counter, its going to be really nice," said Gung.
Other businesses in the shopping center next door are hoping this will spark a revitalization project for the whole Five points area. "This whole block is perfect for commercial growth," said Tim Carroll, Farmers Furniture Manager.
Farmers Furniture moved here 21 years ago, and Manager Tim Carroll has been there since the beginning. He remembers when Five Points was the shopping hot spot. "The plaza was a lot fuller back then," said Carroll.
And he hopes this project will bring the area back to life. "I certainly would like to see the plaza revitalized so my business will continue to be strong," said Carroll.