Valdosta - The Valdosta City council voted to move forward with its biggest development plan ever. "The size of the development will make it the largest single development in the history of the city," says City Manager Larry Hanson.
It's a 425 million dollar, 250 acre outdoor lifestyle center. "Its a mixed use development center that includes both commercial and residential components In the commercial we'll see restaurants, retail, offices, hotels and theater," says Planning and Zoning Administrator Anne-Marie Wolff.
The retail portion will be developed on a plot of land off Exit 18 on Interstate 75, with a residential community going in right across the street. "Single family units, town home style multi-family units and also an active living for our senior citizens," she says.
The land off James Road has just been purchased and annexed into the city. Once the development is complete it will become one of the largest economic engines in the community.
Creating four thousand new full and part time jobs and bringing hundreds of millions of dollars in revenue for the city. "It would be the largest generator of sales tax. Its estimated it will generate about 425 million a year in gross sales," Hanson says.
Ground breaking will take place for the new development in the next year and will take about 36 months to complete.
More WALB News10 HeadlinesMore News HeadlinesMore>>