ADICA buys Front Street property - WALB.com, South Georgia News, Weather, Sports

ADICA buys Front Street property

(Google Maps) (Google Maps)
City Mgr. Subadan City Mgr. Subadan
Eddie Bankston Eddie Bankston
ALBANY, GA (WALB) -

Albany's Downtown Development Authority, ADICA, is buying the property at 117 North Front Street, at the Corner of Pine Avenue and Front Street.

This property is strategically situated across the round-about from the Flint RiverQuarium.

People we talked with downtown said they welcome tax money being used to develop and bring businesses to Albany. "Yes. People wonder where their taxes go to, and they need to take it and remodel buildings and all that stuff," Albanian Paul Anderson said

City commissioners today approved the purchase of downtown property on Front Street and Pine Avenue for $619,000. Albany City Manager Sharon Subadan said "That closing is scheduled to take place this week.  And very shortly thereafter we'll be embarking on expansion of Riverfront retail and restaurants, at that location."

ADICA officials say they already have local and out of town businesses interested in opening there. 
Reverend Eddie Bankston said "I think it's a great investment.  The best place to invest your city dollars is at home. And to revitalize the part of the city that has been dilapidated."

"I fully support downtown redevelopment, and this is a significant step in being able to do that," Subadan said.

People we talked to today said they believe the community will support downtown businesses if they open.  And the city is investing in that plan. 

The Department of Community Affairs recently occupied the building. It is also very close to the Bridge House, Turtle Park, Albany Civic Center, Ray Charles Plaza, and the newly renovated/soon to be expanded Hilton Garden Inn Hotel.

Latoya Cutts, Downtown Manager/ADICA Executive Director, sees this as a step toward attracting restaurants and other businesses to the downtown vicinity.

ADICA says "Acquisition of this property aligns with one of the primary goals of the TAD, to enhance private interest and investment into the historic heart of the downtown area of the City of Albany. The ability to leveraging public/private partnerships will be an essential component to downtown redevelopment efforts."

Copyright  2015 WALB.  All rights reserved.

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