City of Prattville signs lease on old Continental Eagle office building

City of Prattville signs lease on old Continental Eagle office building
The lease calls for the City of Prattville to pay HPRA $249,000 a year for 30 years. (Source: WSFA 12 News)
The lease calls for the City of Prattville to pay HPRA $249,000 a year for 30 years. (Source: WSFA 12 News)
Much of the same property includes the nearby brick buildings. HPRA recently signed a deal with Ledic Reality out of Memphis which is doing its 'due diligence' of the property. (Source: WSFA 12 News)
Much of the same property includes the nearby brick buildings. HPRA recently signed a deal with Ledic Reality out of Memphis which is doing its 'due diligence' of the property. (Source: WSFA 12 News)

PRATTVILLE, AL (WSFA) - It's a done deal in Prattville! The city has signed a lease with the Historic Prattville Redevelopment Authority to take over the old Continental Eagle office in downtown. The property will soon become the city's new public safety building.

The building sits on what used to be Daniel Pratt's industrial complex. A major overhaul is in the works to turn the one story structure into the new pubic safety building. It's a long time dream for Mayor Bill Gillespie.

"It's not only going to be a boost to downtown, but it's going to be a boost to our public safety and also it's a way for us to save our past," Gillespie explained.

The police and fire departments will move in along with the city's IT department and county EMA. Four departments that are currently scattered about will soon be under one roof.

"City hall, city hall annex and a couple of other buildings here and there," according to the mayor when asked of their current locations.

The Historic Prattville Redevelopment Authority owns the property and says it will borrow the $2 million needed to complete the job. The goal is to have the four departments moved in by September.

The lease calls for the City of Prattville to pay HPRA $249,000 a year for 30 years.

"And that's actually coming out of our lodging fees, and our lodging fees come from receipts from our local hotels," the mayor said. "And a lot of that is split up in various ways."

Renovations begin in about two weeks.

Much of that same property includes the nearby brick buildings. HPRA recently signed a deal with Ledic Reality out of Memphis which is doing its 'due diligence' of the property. The plan for those buildings include loft apartments.

HPRA says, assuming Ledic likes what it sees with the brick buildings, renovations on that part of the property could begin by the end of the year.

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