Ground broken on new development - WALB.com, Albany News, Weather, Sports

Ground broken on new development

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May 9, 2007

Albany --  Dozens of new businesses and potentially hundreds of new jobs are on the way to Albany.

A new retail development in one the fastest growing areas in South Georgia  broke ground this morning.
 
Developers and Albany economic development leaders tossed the symbolic first shovel full of dirt for the Shoppes at Walden Place.   But construction is well underway on the new shopping plaza at the corner of Ledo Road and Nottingham Way.

Developer Tom Crane said Albany ranks third in the state in retail sales, behind only Atlanta and Savannah, with more than one billion dollars a year in sales now and growing.

"Albany is growing phenomenally, and in a lot of ways it's about time.  They have been a little bit behind, but it was not necessarily their fault.  But now they are really catching up fast, and we've got lots of tenants that want to come to Albany," said Tom Crane of Thomas Crane Realty Co.

Crane said the development will feature restaurants, a bank, and possibly a big box retail store. It's expected to open in early 2008.

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