On December 2, as scheduled, the City of Wilmington finalized the purchase of 6.63 acres along the northern downtown riverfront for a passive public park. The property, previously owned by Riverfront Holdings II, is part of a larger piece of the former Almont Shipping Company property.
The city and Riverfront Holdings 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 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.” More information can be found here.
See a presentation that shows examples of waterfront/downtown parks in other cities.
Watch the City Council's purchase approval on November 19.