PHENIX CITY – Troy University and Phenix City officials gathered at the foot of the 14th Street bridge Monday in a ceremony transferring nearly four acres of property on the city’s Riverwalk to the University.
The $2.965 million dollar parcel is expected to become an anchor for future development of the Riverwalk.
“We are pleased to receive this gift from Phenix City and we look forward to being the catalyst for riverfront growth,” said Dr. Jack Hawkins, Jr., Chancellor of Troy University.
“We’ve enjoyed an outstanding relationship with the people of Phenix City for more than 35 years and look forward to strengthening that relationship as the city enters this new phase of growth,” he said.
To serve as an anchor for future development, the University expects to begin construction on a 30,000 square-foot building on the site, once funds have been raised to cover the construction costs. The University’s intent for the building is to house Sorrell College of Business programs along with various other educational opportunities the University offers. Its current campus near Phenix City will continue to operate.
“This project has been a work-in-progress and true partnership with Troy University,” said Phenix City Mayor Jeff Hardin. “This gift is an incentive and an investment in the Riverwalk’s future. TROY will benefit, the city will benefit and future development will benefit.”
In addition to the mayor and University officials, the Phenix City Housing Authority, Downtown Redevelopment Authority and the East Alabama Riverfront Development were also represented in the ceremonies.
Troy University accepted a $2.965 million gift of property from the City of Phenix City along the city's Riverwalk Monday. Among others on hand were (left to right) Troy University Phenix City Campus vice chancellor Dr. Curtis Pitts, Troy University Trustee Allen Owen, Troy University Chancellor Dr. Jack Hawkins Jr., Phenix City Mayor Jeff Hardin, and city council members Gail Brantley, Ray Bush (mayor pro-tem) and Arthur Sumbry. (TROY photo/Clif Lusk)
Dr. Jack Hawkins Jr., Chancellor of Troy University, accepted a gift of land from the City of Phenix City during a ceremony Monday near the 14th Street bridge. The land, he said, would become a catalyst for future development along the city's Riverwalk. (TROY photo/Clif Lusk)