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Gadsden Invests Millions on Riverfront

Broad Street Bridge over the Coosa River in downtown Gadsden has a footing at Coosa Landing, location of the recently announced Venue at Coosa Landing.

Broad Street Bridge over the Coosa River in downtown Gadsden has a footing at Coosa Landing, location of the recently announced Venue at Coosa Landing.

Alabama’s wealth includes a generous portfolio of waterfront properties, and the city of Gadsden took a $12.5 million step in October to improve its footprint on the Coosa River.

In January, the city announced plans to rehab a former retail space and reshape it into The Venue at Coosa Landing. The 50,000-square-foot Venue would include 20,000 square feet of retail space.

The city has now secured the Chase Building Group to do the renovations on the $12.5 million contract. The funding includes upgraded roads to connect a boat ramp with the city’s riverwalk.

“It’s a monumental effort in that it’s going to change the landscape of the riverfront and the city,” City Council President Deverick Williams told the Gadsden Times.

City officials are hoping the new facility will draw a mix of fishing tournaments enthusiasts, boaters and shoppers once new stores are open for business.

Dave Helms is copy editor of Business Alabama.

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