When the Foss Waterway Development Authority last week approved purchase of a new park site on the west side of the near-downtown waterway, it benefited from one of the few positive impacts of the financial downturn.
The $400,000 purchase price of the .7-acre tract at 1147 E. Dock Street, was just a third of the $1.2 million a private owner paid for the site just four years ago.
Read more here: http://blog.thenewstribune.com/business/2012/12/03/the-recessions-silver-lining-bargain-price-for-new-waterway-park-land/
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