ALBANY, GA (WALB) - Shandon Development, the company in charge of the overall development plan of Downtown Albany says 7 pre-lease agreements have been signed for the project.
Albany Dougherty Inner City Authority board members made the announcement Wednesday evening. Officials won't name any of the companies until official leases are signed. They hope that will happen in the coming weeks.
"Hopefully next meeting one of their representatives can give us an update and kind of see what some of the estimated dates that we are looking at to move forward," said ADICA Chairwoman Lanicia Hart.
Final renovations are being completed on the buildings to make sure they're ready for tenants.
ADICA initially invested $300,000 with Shandon Development to come up with a redevelopment plan.