Many of us on Dauphin Island have wondered how the new SaltAire development will impact our sales and rentals.
I believe this well marketed development from some of the folks associated with the stunning JOE company developments at Watersound and Windmark beach can only drive awareness of our beautiful and affordable location in south Mobile County.
Here is snippet from a recent article:
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SNIPPET:
Economist: SaltAire could have $1billion impact on area
Sunday, August 17, 2008 By KATHY JUMPER Real Estate Editor
The town of SaltAire on the western shoreline of Mobile Bay could have a $1 billion economic impact on the area over the next nine years and keep upscale home buyers from moving to Baldwin County, according to a report compiled by a local economist.
The 500-acre mixed-use community off Alabama 193 could attract high-income households, according to Semoon Chang, an economics professor at the University of South Alabama, who was paid to do the study.
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