Construction on the City Market Building will begin next month after Mayor and Council approved a Notice to Proceed with Smithbuilt Construction. City officials approved a Market redesign several months ago and pricing for the building has been under way.
Construction is slated to begin in late July and will continue through April of 2024.
Over the course of its planning, the building was enlarged by almost 4,000 square feet, so the construction cost went up to $5,314,000, but the overall cost for per square foot has declined to $238 even after adding an elevator, additional tenant entrances and seven grease traps, City Manager Butch Sanders said.
The $5.31 million price tag will be paid for with bond and property sale funds, city officials said.
The City Market Building will house at least three restaurants and shops, much like the Ponce Market in Atlanta.
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