Numbers show Alex City should embrace Lake Martin, official says

White Oak Landing is a Russell Lands development with 44 home sites in two phases and broke ground last August as the first new subdivision in Alexander City in 10-plus years.

It’s impossible to ignore the mountain of money growing around Lake Martin and a Russell Lands official believes Alexander City should be finding ways to gulp and not merely sip its waters.

“Our fortunes are tied to Alexander City in a large way,” Russell Lands vice president of real estate sales Steve Arnberg said Thursday during the annual State of the Lake program at Central Alabama Community College. “Most of our buyers are coming from Atlanta and Birmingham and they have to come through Alexander City to come to us. There are 350 miles of undeveloped shoreline on Lake Martin and that’s a lot of opportunity for development for Alexander City.”