MONTGOMERY, AL (WSFA) - A major land swap, that has been years in the making, will soon take place between two major entities in Montgomery County.
The City of Montgomery and Maxwell Air Force Base will exchange several acres of land near downtown.
Maxwell will get two pieces of land right near the base's gate on Maxwell Boulevard, formerly known as Bell Street. The two areas make up about six acres and it's believed that the two pieces of land will be used to continue and enhance the base's mission.
In exchange, Montgomery will get a large piece of property on the same street a few blocks closer to downtown. The nine acres are next to the historic Chappel House.
Montgomery already owns about 18 acres of land that Chappel sits on, and with the additional property it will make roughly 27 acres of city owned property.
Officials say ideas are already flowing for that area.
Although details can't be given yet, leaders say they are looking at private entities to set up in that spot.
"A 27-acre parcel on the river is a pretty attractive place for a business to come. We'd love to have somebody come down here and develop that," said Steve Jones, director of general services for Montgomery. "It's not just an island out there that's sitting, a lot of people are talking about some of the ideas that they have. We have really talked to some energetic, young developers and entrepreneurs that have had some really good ideas. So, hopefully
that will be coming down the pike."
The swap is all part of a public-private partnership between the city and Maxwell. It's an initiative called P-4. It's just one of many deals and developments Montgomery hopes to make with Maxwell.
Architects of the deal say it further strengthens ties between the two groups.
"I think what's more important than the actual swapping of the land is that open channel of collaboration between the two entities. We are constantly trying to make each other better and working together," said Jones.
The city will need to get approval from the state environmental management department before the deal can go through.
Leaders tell us they have met all of ADEM requirements and are now just waiting on an official letter of acceptance. They believe everything will be finalized by late January or early February.