Albertville ready for business with $25m retail project - WAFF-TV: News, Weather and Sports for Huntsville, AL

Albertville ready for business with $25m retail project

The project must meet with public approval as the city must pay $5 million for the land. The project must meet with public approval as the city must pay $5 million for the land.
ALBERTVILLE, AL (WAFF) -

A $25 million retail development is on the table for Albertville, and the city council hopes residents will approve the measure at a public hearing set for later this month.

The decision is in the hands of the residents because it will be a venture using their tax dollars. The proposed development will be placed in a lot behind the Santa Fe Restaurant on Highway 431, a short distance from Highway 75.

Council President Nathan Broadhurst said more than 90,000 square feet of retail space and well-known names are poised to come to town. However, the deal is the city must pay the $5 million price tag for the land.

Broadhurst said residents are leaving for other areas to buy goods, so they're trying to give residents from all around the chance to shop in Albertville. "It's going to serve as an anchor and a retail draw that we don't have. I think as traffic begins to come in, other developers will see the city is on the move and ready for business," he said.

The public hearing on the proposal is set for 6:30 p.m. March 17 at City Hall. Read the notice of the hearing (PDF).

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