The City of Gadsden has received $597,000 after selling property downtown to the Alabama Cancer Care Network for the development of a new cancer care center.
“This development is important for providing jobs and improving the quality of life for Gadsden residents,” said Gadsden Mayor Craig Ford.
The $6.5 million investment by the Alabama Cancer Care Network will create between 15 and 20 healthcare jobs in Gadsden, along with positions for three doctors, and the expected annual personnel budget will be $3 million.
Alabama Cancer Care has a partnership with Riverview Regional Medical Center in Gadsden and working relationships with UAB and other hospitals across the state.
The sale of the property has been completed after it was approved and announced in August by the previous City Council and administration.
“This facility will be state-of-the-art, and the beautiful location near the Coosa River will hopefully give some comfort to those in pain and undergoing treatments,” Mayor Ford said.
The land is located downtown at the corner of South 1st Street and Riverside Drive, which provides a picturesque view of the Coosa River that will be a focus of the architectural design.
“This development is also a prime example of why investment in the Gadsden-Etowah IDA is crucial and why it’s important to have IDA Director David Hooks working to put these deals together,” Ford said.
“The IDA has targeted healthcare as a primary industry for recruitment, and this development is one of the first major projects in that category,” said Gadsden-Etowah Industrial Development Authority Director David Hooks.
“We’re looking forward to seeing it break ground soon,” he added.