Approval Given to Property Acquisitions

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Jayne Kirkpatrick, Director, Public Affairs

Prepared by: John Boyette, Public Affairs Specialist

 

For more information: Gregg Pollard, Budget and Management Services Department, 919-996-4286

 

Oct. 2, 2012

 

Approval Given to Property Acquisitions

 

In separate votes, the Raleigh City Council voted today to acquire property on Person Street and North New Hope Road.

 

The City of Raleigh is purchasing the former Salvation Army property at 215 and 219 S. Person Street for $2.1 million. The 0.88-acre site will be used for economic development purposes.

 

The City also is also acquiring 1.07 acres at 1117 N. New Hope Road for $209,700. The land will be used for the future extension of Frazier Drive.