AMARILLO-- The Amarillo City Commission directed staff to proceed with the next steps in the redevelopment of downtown, including drafting a formal agreement with Wallace-Bajjali Development Partners for public-private partnership efforts on city-owned land. The recommendation and confirmation of a redevelopment partner for the City followed extensive research and a lengthy due diligence process.
"Redeveloping downtown is crucial to Amarillo's continued and future prosperity," says Mayor Debra McCartt. "Selecting Wallace Bajjali as our development partner is a significant milestone among the many steps in this process. Wallace Bajjali is an experienced public-private developer with a record of success and were looking forward to the resources and leadership the Wallace Bajjali team brings to the table." (full story with video)
Thu, January 27, 2011
by Downtown Amarillo