City council approves purchasing agreement with company buying stadium

COLUMBIA, SC (WIS) - An Atlanta-based company hoping to turn Columbia's Capital City Stadium into a retail corridor received approval from city council Tuesday night to execute a purchasing agreement with the city.

Bright-Meyers is buying the 5.97 acres of land where the Assembly Street ball park currently sits.

Previously, it was believed a Walmart would anchor the development known as 'Capital City Station.'

In late 2012, Wal-Mart Stores, Inc. said it was not interested in building on the property.

Bright-Meyers then began the search for a new anchor. However, it is not clear if the real estate company has found that anchor.

The Columbia Blowfish will use the stadium for one more season before it is knocked down to make way for the retail and residential project.

Bright-Meyers anticipates work to begin on the new project in early spring 2015.

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