Alabama NewsCenter — Dothan officials launch project to build expandable spec building
By Jerry Underwood
Made in Alabama
Officials in Dothan have formally kicked off a project to build a 100,000-square-foot speculative building in the Sam Houston Industrial Park to better prepare the southeast Alabama city for industrial prospects.
The building will be on a 41-acre site called Lot 3 in the platted industrial park at 102 Austin Court. Construction is scheduled for completion in the fall.
Greg Canfield, secretary of the Alabama Department of Commerce, said having a building available for prospects is needed to continue to spur economic development. Studies indicate that 85% of companies with projects seek existing buildings as opposed to greenfield development.
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