Former Helicopter Tech Building Listed For Sale; Town Gets Energy Grant

December 8, 2010

The Town of Century is putting the former Helicopter Technology building back on the market, and the town has received a quarter million grant to improve energy efficiency at the building and two others facilities.

The Town of Century purchased the 40,000 square foot building at public auction  for less than $1 out of pocket back in August, 2009,  following the town’s foreclosure judgment against the now defunct Helicopter Technology.

After attempting to lease or sell the building independently for over year, Century will now list the building on the open real estate market with DeeDee Ritchie of the commercial real estate firm NAI Halford.

“I told her we wanted jobs whatever we do,” Century Mayor Freddie McCall said.

The building will list for $850,000 — the amount McCall said the town had been been previously offered for the property. That deal collapsed along with the Air Force tanker contract for Mobile, he said. The town will also consider leasing the building at a rate yet to be determined.

The real estate company will receive a 6-percent fee for the sale or lease of the building.

Energy Efficiency Grant

The Town of Century has received a $250,000 energy efficiency grant that will be used to upgrade the climate control systems at the former Helicopter Technology building, the Century Town Hall and the Century Ag Building (community center) on West Highway 4.

The grant will also fund the installation of energy efficient lighting at all three buildings.

Comments

One Response to “Former Helicopter Tech Building Listed For Sale; Town Gets Energy Grant”

  1. Clinton Curly Brooks on December 8th, 2010 10:29 pm

    I am so glad Century has a mayor and
    Board that can see the needs for this
    Town and are going after it.Thats the only
    way to make a city grow.

Written by William Reynolds · Filed Under News