Wednesday, February 16, 2011

Fort Benning expects 70 percent of soldiers, civilian workers to live, eat and shop off post

Those two areas of the Columbus economy -- housing and retail -- are expected to be among the biggest winners financially as Fort Benning’s population blossoms by as many as 28,000 people starting in March and moving into September.

By Tony Adams

“We’ve experienced a good bit of the trickle-in effect of the early moves and have sold a number of houses,” said Jack Key, a partner with the real-estate firm Coldwell Banker/Kennon, Parker, Duncan & Key, which does business in Georgia and Alabama.

“The bulk of it is not supposed to come, though, until about May, and we’re expecting a flood of people in here,” he said. “It should resemble an avalanche between May 1 and October 1.”

“You’ve got to think that with nearly 30,000 new neighbors, the movie theaters, the furniture stores, the car dealers, the restaurants, the grocery stores, the sporting goods stores, just about everything is going to get a big lift,” said Key, a former chamber chairman. “I can only imagine what it’s going to be like to have something akin the size of Rome, Georgia, drop in the middle of our market, kind of overnight.”


Read more: http://www.ledger-enquirer.com/2011/01/03/1405248/bennings-boost-from-brac-expected.html#ixzz1E8JSa3VW

Friday, February 11, 2011