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Phenix City holding called meeting on development

The Phenix City Council and the Downtown Redevelopment Authority will have a special called meeting at 2 pm. to discuss economic development in the city.

The groups are expected to discuss the Chattahoochee River front, where earlier this year two multimillion dollar retail/residential developments were on the books, but now there are questions about both.

The city's purchase of The Triangle, the 700 and 800 block buildings of the Riverview Courts Apartments public housing development, for $2.97 million last summer has not been completed.

The Phenixian, a $35 million high-rise condominium/retail development straddling 14th Street on the eastside of Third Avenue, is contingent on the completion of The Triangle sale and the location of a branch campus for Troy University on the site.

Phenix Rising, a second high-rise residential/retail development further south along the river near the 13th Street Bridge, is apparently dead. The sign for the building has been removed, though the buildings on the site have been demolished over the last three weeks. The site is owned by Mike Osman.

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