Five years ago, Bay City Point was already in the works with plans to bring a new wave of retail and dining options to town. They never anticipated a Cat five hurricane or a global pandemic. But they still don’t regret their decision to build in the area.
Wright Ledbetter, chief operating officer of R.H. Ledbetter Properties said in terms of purchasing the property, their timing couldn’t have been better, reports MyPanhandle.com.
“We know anecdotally that they’d been approached by numerous developers over the years to sell their property and it was never the right time for them,” Ledbetter said. Because of the quality of the location, we had the opportunity to redevelop the entire 35-acre parcel.”