Fort Payne sees retail development upswing - WAFF-TV: News, Weather and Sports for Huntsville, AL

Fort Payne sees retail development upswing

More businesses are moving into Fort Payne. (Source: WAFF) More businesses are moving into Fort Payne. (Source: WAFF)
FORT PAYNE, AL (WAFF) -

Fort Payne is seeing a boom in its retail development, and that means more sales tax for the city.

On Tuesday, the city council meets to discuss the work of a retail developer that has helped the city gain new business.

The city now brings in $9 million in sales tax revenue.

When K-Mart closed in Fort Payne, Mayor Larry Chesser said they were unable to get someone to take it over. So they reached out to a company called Retail Strategies and it paid off.

The K-Mart project was the first for Retail Strategies and now the property is thriving with Dunham's Sports, the Dollar Tree and Badcock Home Furnishings.

Chesser said their nearly $80,000 investment in that company has paid off with a more than $180,000 sales tax return.

Now the company has been working with Applebee's restaurant and Chick-fil-A, who are now coming to Fort Payne.

Chesser said they're not slowing down and are continuing to work to bring more retail to the area.

“I feel sure that there will be some others on the horizon because I know of a quite a few people they are talking to. Sometimes it just takes time. Somebody who is going to spend $2 or $3 million, they're going to take their time about it,” said Chesser.

Applebee's and Chick-fil-A are both expected to be completed later this year.

Copyright 2017 WAFF. All rights reserved.

Report an Error | Submit a Tip to WAFF 48

  • Trending StoriesTrending StoriesMore>>

  • Mom who went to classes with quadriplegic son gets MBA

    Mom who went to classes with quadriplegic son gets MBA

    Wednesday, May 24 2017 3:27 AM EDT2017-05-24 07:27:51 GMT
    Wednesday, May 24 2017 3:32 AM EDT2017-05-24 07:32:22 GMT
    A Southern California university has granted a surprise honorary degree to the mother of a quadriplegic student after she attended every class and took notes for him while he earned his MBA.More >>
    A Southern California university has granted a surprise honorary degree to the mother of a quadriplegic student after she attended every class and took notes for him while he earned his MBA.More >>
  • Pregnant teen blocked from walking at graduation

    Pregnant teen blocked from walking at graduation

    Wednesday, May 24 2017 2:45 AM EDT2017-05-24 06:45:22 GMT
    Wednesday, May 24 2017 2:45 AM EDT2017-05-24 06:45:22 GMT

    The school principal says the student and her parents signed a covenant, vowing the teen wouldn’t have sex.

    More >>

    The school principal says the student and her parents signed a covenant, vowing the teen wouldn’t have sex.

    More >>
  • Deadly virus threatens local crawfish industry

    Deadly virus threatens local crawfish industry

    Tuesday, May 23 2017 7:26 PM EDT2017-05-23 23:26:19 GMT

    A deadly virus is threatening the crawfish industry in Southwest Louisiana. It's called white spot syndrome virus and it was first discovered in Thailand, but somehow it made its way to ponds in South Louisiana and specialists are struggling to find the funds to research a solution.  “The catch was increasing and increasing and then it dropped 70% and that's when you saw the dead crawfish floating in the water,” said a crawfish farmer of 34 years, Ian Garbarino. He...

    More >>

    A deadly virus is threatening the crawfish industry in Southwest Louisiana. It's called white spot syndrome virus and it was first discovered in Thailand, but somehow it made its way to ponds in South Louisiana and specialists are struggling to find the funds to research a solution.  “The catch was increasing and increasing and then it dropped 70% and that's when you saw the dead crawfish floating in the water,” said a crawfish farmer of 34 years, Ian Garbarino. He...

    More >>
Powered by Frankly