In a news release today, the NC Council of state approved the Dix Park proposal - effectively preserving the 300-plus acres located at the campus and setting it aside to create a Destination Park for countless generations to enjoy.
“After years of thoughtful discussion and deliberation, it’s time to continue moving forward on transferring the Dix property to the City of Raleigh,” said Gov. Bev Perdue in the release. “The plan is the most appropriate way of preserving this open space as a park, while at the same time providing revenue to the state.”
Under the approved propsal, the land will be leased to the City of Raleigh starting December 31, 2012 for a price of $68 million during the next 75 years.
Gov. Perdue addresses media after Council of State vote
With the agreement in place, the Raleigh City Council's first step will be to undertake the master planning process that will determine what the park will look like, its features, and other operational details.
"I am thrilled for all the people of North Carolina and Raleigh," said Greg Poole Jr, chairman of the Dix Visionaries. "I am so excited for where we are and this very historic decision. We are off and rolling now!"