10 Comments for this article

Tags: , , , , , ,

WILMINGTON, NC (WWAY) — The City of Wilmington this morning finalized the purchase of 6.63 acres along the northern downtown riverfront for a passive public park.

The city and Riverfront Holdings II signed closing documents at City Hall for just over $3.86 million. The purchase was approved at the Nov. 19 council meeting and will be paid for with a combination of funds from the city’s saving account and monies left over from completed capital projects.

The property is part of a larger piece of the former Almont Shipping Company property.

The city says placement of a public park along the riverfront is consistent with the Vision 2020 Downtown Plan, which states: “The lack of downtown parks and open space has a critical impact on the urban environment. Without inviting recreation opportunities or public gathering places, the reasons for visiting or staying downtown are reduced for both local residents and tourists.”

Comment on this Story

Related News