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Retail Development
Vital to the Economy
The City of Albertville realizes the importance of retail development because we understand that additional shopping and dining options are vital to our economy as we strive to increase the City’s sales tax base and enhance the quality of life for citizens and visitors. Therefore, Economic Development staff welcomes the opportunity to discuss retail, dining, hospitality and entertainment options with clients, brokers or developers.
Retail Leakage
Even with the current retail development that is occurring in Albertville, there are still areas of retail leakage that would allow for additional growth. Leakage reports prove that there is dire need for fast casual and full service dining options in addition to, specialty food and hotels to name a few.
For more information on Albertville’s trade area and potential:
- View the Connect with Albertville Flyer (PDF)
- Visit the Demographic Data page
The Shoppes of Albertville
A Public Private Partnership, the City of Albertville and GBT Realty constructed a 100,000 square foot shopping center on U.S. Highway 431 with stores opening the first quarter of 2016. Tenants include:
- Hibbett Sports
- Hobby Lobby
- PetSmart
- Rack Room Shoes
- Ross Dress for Less
- TJMaxx
Kay Jewelers coming soon, and more to be announced.
Update
All now open!
Space Availability
Limited inline space is still available. For more information, contact Mike Price at 256-279-0622 or by email.
The CrossRoads Mall Annex
Local developer Jeff Beck is constructing a 96,000 square foot shopping center on a site adjacent to The CrossRoads Mall, where a strip mall stood before being destroyed in a tornado on April, 24, 2010. Leases obtained to date include Dunham’s Sports, Ollie’s Bargain Outlet and VF Outlet.
Update
Now open as of October 2016.
Space Availability
Inline and outparcel space still available. For information on remaining space, contact Mike Price at 256-279-0622 or by email.
Trade Area
Albertville is the largest municipality in the County and trade area which extends to a 20 mile radius and includes our sister cities of Boaz and Guntersville in addition to those communities in DeKalb, Etowah and Blount Counties that travel to Albertville for employment, health care, shopping or personal business.
Traffic Counts
- AL Highway 75 North: 15,480 vehicles per day
- U.S. Highway 431: 33,890 vehicles per day
Source: AL Department of Transportation, 2012