Developer looking at Decatur for $1 billion, 4,000-job retail development

DECATUR, Alabama — The city of Decatur may authorize its mayor to negotiate with a developer looking to build a billion dollar, 4,000 job retail development near the intersection of Interstate 65 and I-565, The TimesDaily reports.

Interstate 565/I-65 interchange

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A developer may be looking to bring a massive 1.35 million square foot retail development to the area near the Interstate 65/I-565 interchange, shown here in this aerial photo. (The Huntsville Times file photo)


The City Council will consider a resolution after its 5 p.m. work session tonight to authorize Mayor Don Kyle to negotiate with the developer, who has asked to remain anonymous, according to The TimesDaily.

The city’s resolution states that the project on Alabama 20 in Decatur-annexed Limestone County would be a 1.35 million-square-foot retail development with an investment of $1.3 billion, The TimesDaily reports. The resolution also states the development would employ about 4,000 people, The TimesDaily reports.

Click here to read The TimesDaily’s full report.

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