Oxford may get new restaurant

Land was transferred Wednesday by The Oxford Commercial Development Authority for the possible construction of a new Bojangles restaurant.  Developer Holmes Properties had originally owned the land at the intersection of Alabama 21 and Hamric drive, but transferred ownership to the CDA in May so that site preparation work could be done. That work included grading and installation of water and sewer lines.  The CDA agreed in May to pay $2.3 million toward that work; but had a practice of only spending money on land it owns.  Bojangles’ might take ownership of the land from Holmes Properties as early as tomorrow.  There are four tracts of land at that retail project, and only one was transferred Wednesday back to Holmes Properties. Work remains to be done on the others before the CDA will transfer those plots back to the developer.