By MICHAEL CRIMMINS
Glasgow News 1
The City of Glasgow made a good decision purchasing the property on the Veterans Outer Loop, according to Glasgow Mayor Henry Royse.
“It’s nice to be ahead of the curve; it’s starting to develop out there, so we’re ahead of the curve because the need will increase and the value will increase,” Royse said in an interview with Glasgow News 1. “It was an investment. It was never bought with the intention of doing anything specific with it, but it made all kinds of sense. It’s in the city limits [and] it already has all the infrastructure.”
“It’s located in an area that’s growing as we speak,” he added, noting that the South Cooper Industrial Park, the industry on Carroll Knicely Drive, a FiveStar, and Tate are all in close proximity to the property. The property is located near the intersection of Veterans Outer Loop and New Bowling Green Road, and a short distance from the Louie B. Nunn Parkway interchange with the Outer Loop.
The 19.49-acres property was purchased by the city in July 2024 by a unanimous Glasgow City Council vote. The land was bought from Farmers RECC for $751,501, according to prior Glasgow News 1 reporting.
“There has been discussion about [the property] because we’ve had people interested in it…outside the city [but] the city has not had a discussion on what we might do with the property,” Royse said. “There’s a lot of potential out there. I really think what’s going to happen out there is that the next entity that wants to come to Glasgow, that wants a place in the city limits that’s already got the infrastructure we’ll have it, or if someone comes in and says ‘you’ve really got to build a fire station out here’ we’ve got a place that we can convert to that.”
“It will fill some need…either for the city or from enabling somebody — a vendor — to come to our area,” he added.
Key Facts
– Glasgow bought 19.49 acres at Veterans Outer Loop and New Bowling Green Road in July 2024
– The property cost the city $751,501 and was bought from Farmers RECC after a unanimous city council vote
– Mayor Henry Royse says the land purchase was a strategic investment, not tied to a specific project
– Royse says the site already has infrastructure and sits in a rapidly growing area
– Potential future uses could include a city facility, such as a fire station, or private development
