The Huntsville City Council voted Thursday night to take out an option to purchase 17 acres of land for a major retail development at the intersection of Memorial Parkway and the Northern Bypass currently under construction.
The city will pay $20,000 for the option after reaching an agreement with Joni D. Swaim, Jeri S. Kirkpatrick and Johnnie M. Swaim for property located along Bob Wade Lane. According to documents, the option is for 150 days. The purchase price listed for the land is $3.2 million.
City Urban and Economic Development Director Shane Davis said the property is near the Food City and Starbucks currently under construction in north Huntsville. He said they are about 95% complete, with opening expected on June 28…