New development in Leeds to bring more housing

By Sherea Harris

LEEDS, AL (WBRC) - One mayor says there is a housing demand in his city despite the bad economy.

Crews are working aggressively to complete the retail outlet apart of the Grand River project. It's set to open in October.               

But Mayor Eric Patterson believes another element of the project, the residential development, has been delayed.

Mayor Patterson says the housing market is strong in Leeds and the city needs those new homes.
He wants to see more activity on an upscale residential development.

"I think they would miss out if they didn't move forward with that," said Mayor Patterson. "So I would be disappointed if they didn't."

"A project of this scale and magnitude is something that will be developed over ten to fifteen years, said Doug Neil, Vice President of Daniel Corporation. "I believe Greystone took sixteen years from it's initial beginning to full build up and this project is probably twice the scale of Greystone."

Doug Neil says there's still a lot of planning left to do on residential side and it will take time to complete.

He says however there are no plans to scrap the residential development.

Neil says the project is being designed to be the first retail and residential community of its kind in Alabama.

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