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Waffle House on Ledo Road part of potential area economic bonanza

Contracts pending on several area properties

Although it only recently came onto the local Real Estate market, the former Friedman’s Clothing property on Westover Road in Albany is drawing “lots of interest” from prospective developers. (Herald file photo)

Although it only recently came onto the local Real Estate market, the former Friedman’s Clothing property on Westover Road in Albany is drawing “lots of interest” from prospective developers. (Herald file photo)

ALBANY — Albany Real Estate Agent Mary Carter has just the cure for the seemingly unshakable “Lousy Economy Blues:” a big batch of promising economic news.

Carter, an agent with the Murray Webb & Associates firm, said she will close on a Waffle House restaurant that is to be located along Ledo Road near the new Prince Chevrolet leadership, reigniting a growth spurt that had somewhat stalled on that busy Lee/Dougherty County corridor. That closing will precede similar action on a previously announced downtown Waffle House by a couple of weeks.

“We’re still finalizing the deal (downtown),” Carter said. “It’s all part of some pretty big things that are going on in our community. Unfortunately, we don’t always get the good news. We tend to focus on the bad things happening. But I think this is part of some really exciting things that are going on here.”

Carter said many of the deals she’s working on are pending, but the widespread activity is an indication of increasing interest in economic development in the Albany area.

“We closed on the HeritageBank of the South building off Oglethorpe last week, and it’s very likely that that property will be part of the city’s multimodal transportation project that’s been in the works for several years,” she said. “We will be leasing office space in the building.”

Carter said she has contracts pending on the former Doc Heilinbel’s property at 2409 Dawson Road and on the property adjacent to Target at 2723 Dawson Road that currently houses the Mattress Firm (and formerly Moe’s Southwest Grill). She also noted “serious interest” in the former Friendman’s Clothing property at 719 N. Westover Blvd., which she said “just came on the market.”

Carter said Hillcrest Urgent Care is getting ready to open a facility in two of the storefronts in the 2800 Nottingham Way shopping center that is anchored by Buffalo Wild Wings.

Carter said the potential economic development bonanza is capped by a pending lease agreement on the former Club Extreme business at the corner of Westover Boulevard at 2700-30 Dawson Road.