City leaders close deal on Albany Heights with a local, private - WALB.com, South Georgia News, Weather, Sports

City leaders close deal on Albany Heights with a local, private developer

City leaders closed Albany Heights deal with a local, private developer. (Source: WALB) City leaders closed Albany Heights deal with a local, private developer. (Source: WALB)
Downtown Manager LaToya Cutts (Source: WALB) Downtown Manager LaToya Cutts (Source: WALB)
City leaders said Pace Burt Jr. expects to have the redevelopment of Albany Heights ready for folks to move in by the end of 2017. (Source: WALB) City leaders said Pace Burt Jr. expects to have the redevelopment of Albany Heights ready for folks to move in by the end of 2017. (Source: WALB)
ALBANY, GA (WALB) -

City leaders determined a future for Albany Heights. As of Wednesday, a local, private developer Pace Burt Jr. has decided to move forward with redeveloping the building into a mixed-use property. 

The two million dollar investment will transform the building into 64 loft apartment units, including a reserved unit for a police officer as well as commercial retail space on the bottom floor.

The process started a little over a year ago as the city searched for developers.

And a few months back, the city commission approved the sale of Albany Heights to Burt.

City officials said the news they hope will motivate others to invest in downtown. 

"It means additional tax dollars, which increases our tax base and allows us more money to be able to do other developments in downtown Albany so its just all around a great deal. It looks at jobs being created, people are going to have to work there," said Downtown Manager LaToya Cutts. 

Albany Heights is located at the corner of Pine Avenue and North Jackson.

City leaders say Burt expects to have the redevelopment of Albany Heights ready for folks to move in by the end of 2017.

Copyright 2017 WALB. All rights reserved.

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • breaking

    Crews battle fire in downtown Albany, 3 people rescued from building

    Crews battle fire in downtown Albany, 3 people rescued from building

    Wednesday, January 24 2018 2:54 AM EST2018-01-24 07:54:08 GMT
    (Source: WALB)(Source: WALB)

    Fire crews are battling a blaze in downtown Albany in the 100 block of North Jackson Street at the old Albany Theatre.

    More >>

    Fire crews are battling a blaze in downtown Albany in the 100 block of North Jackson Street at the old Albany Theatre.

    More >>
  • Runway resurfacing project moves forward

    Runway resurfacing project moves forward

    Tuesday, January 23 2018 11:42 PM EST2018-01-24 04:42:14 GMT
    Officials say the design phase for the runway will begin next week. (Source: WALB)Officials say the design phase for the runway will begin next week. (Source: WALB)

    The approval for resurfacing the main runway at the Southwest Georgia Regional Airport cleared it's final hurdle Tuesday night. Officials said they will begin work next week. 

    More >>

    The approval for resurfacing the main runway at the Southwest Georgia Regional Airport cleared it's final hurdle Tuesday night. Officials said they will begin work next week. 

    More >>
  • Historic district expansion tabled by city commission

    Historic district expansion tabled by city commission

    Tuesday, January 23 2018 11:36 PM EST2018-01-24 04:36:00 GMT
    Many residents left the commission meeting rather quickly after the commissioners decided to table the discussion about the historic district. (Source: WALB)Many residents left the commission meeting rather quickly after the commissioners decided to table the discussion about the historic district. (Source: WALB)

    A number of people left Tuesday's Albany City Commission very upset. The long-awaited decision about the expansion of the Albany and Dougherty County's historic district was delayed. 

    More >>

    A number of people left Tuesday's Albany City Commission very upset. The long-awaited decision about the expansion of the Albany and Dougherty County's historic district was delayed. 

    More >>
Powered by Frankly