The city is spending $3.58 million on four of the properties, and the purchase of one of the properties was still pending as of press time.
The details
Three of the properties closed on Feb. 3, and one closed on Feb. 12, Assistant City Manager Jessica Rogers confirmed Feb. 12. Roger said Tom Condon with Colliers represented the city for the property purchases.
The properties purchased are adjacent to the former Regions Bank site the city purchased in 2023 for a potential future city hall, per prior reporting.
By the numbers
The property cost breakdown is as follows:
- 819 Village Square: $1.7 million
- 831 Village Square: $700,000
- 825 Village Square: $500,000
- 823 Village Square: $680,000
- 827 Village Square: pending
