Gadsden Invests Millions on Riverfront

Alabama’s wealth includes a generous portfolio of waterfront properties, and the city of Gadsden took a $12.5 million step in October to improve its footprint on the Coosa River.

In January, the city announced plans to rehab a former retail space and reshape it into The Venue at Coosa Landing. The 50, 000-square-foot Venue would include 20, 000 square feet of retail space.

The city has now secured the Chase Building Group to do the renovations on the $12.5 million contract. The funding includes upgraded roads to connect a boat ramp with the city’s riverwalk.

“It’s a monumental effort in that it’s going to change the landscape of the riverfront and the city, ” City Council President Deverick Williams told the Gadsden Times.

City officials are hoping the new facility will draw a mix of fishing tournaments enthusiasts, boaters and shoppers once new stores are open for business.

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Dave Helms is copy editor of Business Alabama.

Text by Dave Helms

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