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ALMAC acquisition and Everstead housing restart highlighted at Eufaula council meeting
Summary
At the May 19 meeting the mayor reported ALMACs acquisition of the former American Buildings property and Chris Walker said Everstead of Eufaula will have the lift station operational by weekend, with the first eight housing units expected by the end of June and townhome rents of about $1,200to$1,600 monthly.
City leaders on May 19 highlighted two local projects that officials said could create jobs and housing in Eufaula.
Mayor Jack B. Tibbs, Jr. reported that ALMAC has completed its purchase of the former American Buildings property after an 18-month process; city records in the meeting minutes show the company is preparing to begin work and officials expect operations to start tentatively in late 2027. The mayor said the plant, when fully operational, is expected to run two shifts with approximately 50 employees per shift.
Mayor Tibbs also introduced Chris Walker, the new owner of the former Reeves Farm project now operating as Everstead of Eufaula. Walker told the council the development is in a cleanup phase and the lift station is expected to be operational by the end of the week. He said the first eight units are expected to be available by the end of June and that townhomes will be offered for rent at monthly rates ranging from $1,200 to $1,600; single-family homes will likely be offered for sale, possibly via pre-sale contracts. "The company is committed to the community, is fully self-financed, and has made significant progress toward restarting the development," the minutes record.
Council members asked timing and occupancy questions; Councilman Bailey pressed whether the project would be ready by June as previously stated and Walker clarified the cleanup continues until the lift station is completed. The mayor and council did not take formal action on the developments beyond receiving the report.
Why it matters: ALMACs acquisition could bring manufacturing jobs and Eversteads restart would add rental and for-sale housing stock in Eufaula. Project timelines and occupancy estimates remain preliminary and contingent on permitting and completion of infrastructure such as the lift station.
What happens next: City staff will continue to monitor the projects; no additional funding or land-use approvals were recorded in the May 19 minutes.
