Friday, August 29, 2014
Multi-Million Dollar Project Debated
(WOLO) COLUMBIA,S.C., --
101 acres of land that have been dormant for more than a decade are up for grabs and according to the Chamber of Commerce, could be one of the largest economic opportunities in The city's history, if City Council is able to pass the proposal.
The discussion about turning the vacant property into condos and possibly a minor league baseball field, has been ongoing for 10 years. Members of the Chamber of Commerce say it's time to stop talking and act.
Especially since the deadline to purchase the property expires July 31st.
While some say the development promising to bring 11 thousand permanent jobs and more than a billion dollars in economic revenue, others say there needs to be more discussion.
Questions are being raised about exactly what the developer will do with the money, and if he is capable of producing. Others have concerns about where the 31 million needed to make the move happen will come from.
Members of the Chamber would not go into specifics about where the money would come from only saying, " I have faith if this project is everything i believe it is, the City Council will find a way to invest in this."
City Council is scheduled to hold a second hearing on the issue at 2 in the afternoon at the Earlewood Community Center where a vote on the issue is likely.
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Humidity: 25 %