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Target Retail Development in Chelsea, Alabama

Sector: Residential • Location: Chelsea, Alabama, United States

Source: AL.com

Project
Planned

A Nashville-based developer, Franklin Land Associates (affiliate of GBT Realty), plans to develop a retail project in Chelsea, Alabama. The project includes site preparations costing about $7 million for Target and a 7-acre, 30,000-square-foot retail space for shops and restaurants. Target would acquire 11.71 acres of the property, with an additional 2 acres reserved for future sale. The city of C

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The project “Target Retail Development in Chelsea, Alabama” is an infrastructure initiative in the Residential sector, located in Chelsea, Alabama, United States. Taiyo aggregates data on it from AL.com.

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planned

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Description

Description

A Nashville-based developer, Franklin Land Associates (affiliate of GBT Realty), plans to develop a retail project in Chelsea, Alabama. The project includes site preparations costing about $7 million for Target and a 7-acre, 30,000-square-foot retail space for shops and restaurants. Target would acquire 11.71 acres of the property, with an additional 2 acres reserved for future sale. The city of Chelsea is considering economic development incentives including a sales tax rebate and payments to the developer.

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Source

Source reliability

High

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100%

Source

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URL

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