Business Services Industry

Columbus, Ga., Revitalization Agency Benefits from Sale of Land.

Knight Ridder/Tribune Business News, August, 2003

By Tony Adams, Columbus Ledger-En...uirer, Ga. Knight Ridder/Tribune Business News

Aug. 5--Uptown Columbus Inc. is no longer in the red thanks to a land sale that ultimately will benefit the Columbus State University Coca-Cola Space Science Center.

Uptown Columbus, a downtown revitalization organization, said Monday it sold a small parcel of land adjacent to the Space Science Center to Columbus State University, which owns and operates the facility. The price tag for the 16,850-s...uare-foot plot of land on the south side of the center was the city's appraised value of $178,600. The deal closed Friday.

Proceeds from the sale will be used to pay off bank loans owed by Uptown Columbus, said Lisa Collins, president of the nonprofit...

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