Mayor Leirion Gaylor Baird announced Friday morning that the city intends to purchase two buildings in order to expand plans of South Haymarket Park.
Baird along side with Lincoln Parks and Recreation Director Maggie Stuckey-Ross announced the cities intention to purchase properties located on 540 L St. and 215 South Seventh St. The purchase of the adjacent properties would expand the original South Haymarket Park plans by 2.3 Acres.
“We are literally growing the great life by increasing the size of South Haymarket Park and creating even more green space for residents and visitors to enjoy,” Baird said.
The private property at 540 “L” Street will be purchased by the Urban Development Department for $500,000. Funding for the acquisition of the two properties came from an anonymous donor and tax increment financing revenue due to economic redevelopment in the South Haymarket area.