Decatur city council to vote on Sweetwater incentives - WAFF-TV: News, Weather and Sports for Huntsville, AL

Decatur city council to vote on Sweetwater incentives

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If approved, the 125 acre site would include a hotel, restaurants, and an anchor store. If approved, the 125 acre site would include a hotel, restaurants, and an anchor store.
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DECATUR, AL (WAFF) -

A multi-million dollar deal to bring more places to shop, work and eat in Decatur is back on the table.

Decatur is putting up $12-million for land and infrastructure and $28-million in sales tax rebates to build Sweetwater development at the corner of the I-565 and I-65 interchange.

If approved, the 125 acre site would include a hotel, restaurants, and an anchor store.

Mayor Don Kyle spearheaded negotiations for the Sweetwater site in 2008, but the deal tanked when the economy started to tank

Kyle said the city is ready to try again.

"I don't know our investment alone will make the project work from the developers' standpoint, so as we see some of the final drawings, things required of utilities and infrastructure, we hope those other entities will participate with us," he said.

If the Sweetwater deal goes through, it could create 4,000 new jobs.

Kyle will not say what major store will go into the development.

Crystal Brown, Director of Business Development for the Decatur/Morgan County Chamber of Commerce, said the deal could be sweet for the city while encouraging locals to stay in town.

"It will help us fill retail gaps that we know have been there that encourage people to shop outside of our area," she said. "It will help fill those spots and give us options we haven't been able to provide."

The Decatur city council will vote on the incentive package next Monday.

Copyright 2013 WAFF. All rights reserved.

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