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The Decatur City Council approved a resolution during a special called meeting Monday evening to authorize Mayor Don Kyle to negotiate with an unidentified developer for a proposed retail development project in Limestone County.
The resolution stipulates Kyle should submit by March 11 “any and all negotiated non-binding documents and other plans recommended for the development of this project.” The development would be located at the Interstate 65/565 junction along Highway 20 in a Decatur-annexed portion of Limestone County.
The total price tag for the project could be as much as $1.3 billion, and “ultimately provide” more than 1.3 million of square footage, according to the resolution. As many as 4,000 people could be employed “in the construction and operation of businesses within the project area.”
The retail development will not necessarily employ 4,000 workers once the project has been completed, and the square footage has yet to be determined.
Local News
February 27, 2013
Few details offered on $1.3B Decatur project
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