MADISON - The developer of Birmingham's The Summit may develop a city center here, Mayor Mary Hawkins-Butler announced last Thursday in her State of the City address.

Bayer Properties, the developer, is conducting a marketing feasibility study, she said.

The Summit is one of a number of properties owned and operated by Bayer. It is a 981,714 square-foot development that is considered a mixed-use outdoor fashion center.

"After the study is done we will have some hard numbers that will consist of the square footage of retail, offices and condos," Hawkins-Butler said. "I plan to meet with representatives of the company some time in March and hopefully the study will be completed by the end of April."

She added, "I'm confident we'll have great news to share."

The mayor would not go into detail on what the development would entail, saying it was too early on to discuss.

Carl Crawford, chairman of the Madison Organization of Neighborhood Associations that sponsors the annual address, said excitement continues to build over the Bayer announcement.

"Madison citizens would like to see a town square development somewhat like Renaissance but different," he said. "It looks like that's being planned this year. I think that was one of the big positive thing she announced."

In addition to the possibility of a downtown transformation, Hawkins-Butler said there are plenty of economic development plans for 2014.

"There are several national chains as afar as restaurants and dining opportunities that are knocking on Madison's door," she said. "We are currently in conversations with Taco Bell and Longhorn Steakhouse and others."

She said the city is also compiling a list of streets for repaving and they are looking at over a dozen subdivisions that will receive improvements this year.

A good bit of Hawkins-Butler's speech centered on Lost Rabbit and its threat to Madison if developers are able to develop beyond the scope of what the original project called for.

"We need to remain diligent in watching what goes on," she said. "We have a friend with the Pearl River Valley Water Supply District, but we need to be very watchful about the covenants and what those covenants say."

Crawford said the meeting was packed with citizens eager to hear the good and the bad and that it continues to grow each year.

"The State of the City address is becoming a tradition," he said.

"Our Madison citizens look forward to it."