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Given the $0.15 per pound production cost, this would reduce per acre profits by over 90%. As a result, farmland values collapsed: by 1819, prices fell to around $0.20 per acre, [3] and by 1820, Alabama land buyers collectively owed the federal government $21 million, $12 million of which was owed by Alabama itself. [7]
The property had a development company in Atlanta interested but those efforts failed to materialize. Envolve Communities LLC, of Montgomery, Alabama partnered with the HPRA Historic Prattville Redevelopment Authority to reconstruct the Historic Prattville Cotton Gin Factory buildings into "The Mill at Prattville" new and modern apartments.
This is a list of plantations and/or plantation houses in the U.S. state of Alabama that are National Historic Landmarks, listed on the National Register of Historic Places, listed on the Alabama Register of Landmarks and Heritage, or are otherwise significant for their history, association with significant events or people, or their architecture and design.
Nearly 8,000 acres of Alabama's most sensitive land, known as "America's Amazon" for its biodiversity and wildlife, will be protected thanks to a major purchase by The Nature Conservancy in ...
An elderly Alabama woman living on a plot of land thought to be worth over $20 million will soon be kicked out of her longtime home after an ownership tussle with private investors.
At the 1817 Yazoo lands auction, he purchased several hundred acres along the Alabama River, and settled a town he called New Philadelphia. When Alabama joined the Union in 1819, Dexter's town was renamed Montgomery. He lived there and continued trying to achieve success in business and land speculation, but his circumstances continued to rise ...