Business & Education
Thu July 25, 2013
College Expected to Make Positive Impact in Dothan
An economic impact study by the Dothan Area Chamber of Commerce estimates the Alabama College of Osteopathic Medicine will generate $34.5 million for the area this year.
The study estimates the college's impact will be $169.3 million by 2020, and $295.7 million by 2030. The college is set to open in August with a class of 150 students.
Some tell the Dothan Eagle (http://bit.ly/1aJyueD ) those estimates will likely be surpassed with restaurants, health care facilities, banks and hotels being developed nearby.
The Dothan Village was approved by the Dothan Planning Commission in 2009, but was stalled because of economic concerns.
The company developing the property says it's now ready to start building on its 36,000 square-foot site, which is slated to include between seven and eight restaurants and a Starbucks.
Information from: The Dothan Eagle, http://www.dothaneagle.com