By Gary Lloyd
The Trussville City Council on Tuesday authorized Mayor Gene Melton to sign a quote for MAA Inc., which Colonial Properties is a part of, to sell two parcels of land at the Pinnacle at Tutwiler Farm to the city for $1.425 million.
The two parcels of land are near the hhgregg store on Roosevelt Boulevard and will be acquired as part of the city of Trussville’s plan to extend Valley Road to the Pinnacle at Tutwiler Farm shopping center.
Melton said the asking price for the two parcels, which are 1.5 acres and 2.63 acres, was $1.76 million but the number came down through negotiations.
Future plans are to have a three-way intersection on Valley Road, and the new connection will run parallel to Interstate 59. Melton said construction of the new road will be between $2 million and $3 million, though the city will seek federal and state funding. Melton said the road could be built in the next two or three years.
“It will be a tremendous connection,” he said.
Melton said one small piece of property is left to be acquired, though he said it shouldn’t be a problem.
The city will now wait for due diligence work to be done to determine if a road is feasible in this area, which spans the backside of Tutwiler Farms’ property and property belonging to Guy Martin. The city can back out of the deal if a problem is found, Melton said. The city council will have to approve the deal’s finalization at a future meeting.
The road will begin at the sharp curve along Valley Road and emerge behind hhgregg. The goal is to take traffic congestion away from Chalkville Road and U.S. Highway 11.
“This is a pretty big deal,” Melton said.
Contact Gary Lloyd at firstname.lastname@example.org and follow him on Twitter @GaryALloyd.