05/07/2026
We are so excited to be part of this amazing development! Southwind Bank has always believed in downtown Russell, and we are thrilled to be a funding partner on the Russell Market Square Project. A permanent gathering space downtown is something that our community has needed for a long time, and we are proud that our $100,000 commitment is helping make it a reality.
There are many great things happening in Russell right now, including the City’s $14 million revitalization project on the horizon and there has never been a better time to rally behind downtown Russell! Great things are happening and we can’t wait to see the Market Square become a place where the community gathers for years to come.
We know a lot of you have been hearing bits and pieces about the Market Square project, so we figured it was time to fill in the blanks!
For nearly 10 years, the idea of a downtown pavilion has been floating around Russell, passed between different people and organizations without ever quite getting across the finish line.
That has finally changed. Russell Development, Inc. is moving forward with the Russell Market Square, a permanent, covered, open-air pavilion at 7th and Maple. Farmers markets, food truck nights, live music, festivals, holiday events, private rentals, and whatever else this community decides to do with it.
This is a $550,000 project, and it's happening because of funding partners who believed in it. Southwind Bank has committed $100,000, an incredible show of confidence in downtown Russell. The Russell County Area Community Foundation generously awarded a SPARC grant in the amount of $150,000, and the City of Russell has committed significant funding toward site preparation. With the City's $14 million federal downtown revitalization on the horizon, the timing couldn't be better.
We're still finalizing design details, but we're putting a lot of thought into making this something Russell can be proud of for a long time.
Groundbreaking this summer. More to come, Russell!
