The Downtown Dothan Redevelopment Authority is seeking potential investors.
The group voted unanimously to purchase an additional property on East Main Street.
News 4's Demetria McClenton attended the meeting Wednesday afternoon.
The DDRA has its eyes set on the Booker Building.
The building has a lot of potential because it sits on one of the busiest streets in Dothan.
But since it's in foreclosure it has been tied up in the courts for several years, but the group may be able to acquire it soon.
East Main Street is a prime location for Dothan businesses, which is drawing more businesses to open downtown.
"We can buy the Booker Building for $45,000," said Jimmy Grant Chairman of DDRA.
The Downtown Dothan Redevelopment Authority has been trying to purchase the Booker Building since 2007.
"We have 4 appraisals and 3 of those appraisals were $40,000 so that's right in line. We need to go back to the bank with the $40,000 that we originally offered," said Grant.
But, there are other properties the group is looking to fill.
"A couple of years ago the DDRA purchased a building and renovated the building,” said DDRA Board Member Mitt Kirkland.
The group was able to sell two of the buildings but the third space is still vacant.
“We've had a couple offers and proposals but we're looking at all offers," said Kirkland.
He says the downtown area is still growing and he hopes this will attract potential investors.
“Exciting things are happening down here. The building next to it is being renovated; the building up the street from it has been recently renovated."
Next on the DDRA’s agenda is to tear down the fences on the 600 block of North Oates Street.
“The wind blows and paper gets stuck to it. It just looks ugly," said Grant.
The owners have agreed to work with the DDRA and they say the fence will be removed soon.
The DDRA’s next meeting originally scheduled for March 9th has been rescheduled for March 16th at the Dothan Civic Center.