Star Tribune Wed, 09 Jul 2008 04:35:56 GMT
Scott County gets key park parcel for bargain price
The county is preserving a lakefront parcel between Prior Lake and Elko New Market, keeping it out of the hands of developers. With an assist from a state program aimed at saving woods and lakes before developers can snare them, Scott County has acquired a lakefront parcel that will one day be a centerpiece of a major regional park. A proposal last summer to turn the 51-acre property into as many as six lakeshore lots kicked off a long sequence of negotiations and grant-seeking that has ended in a $1.2 million deal to preserve it for public use instead. And the pricetag -- hundreds of thousands of dollars less than it might have cost a couple of years ago -- is yet another sign of how plummeting property values are producing unexpected winners and losers in the south metro area.
[[keywords: Parks;Metro;]]
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