The Orlando City Commission voted to save Constitution Green from developers on Monday, to the price tag of $5.9M.
The current owners, the Caruso family, will be paid $3.3M from the CRA budget, and will be given a parcel of land valued at $2.5M in exchange for the park. The swapped land is located across from the future Lucerne project in Downtown South [GMap].
Constitution Green is a public park that had been leased from the Carusos for $1 a year for a number of decades. We learned back in March of 2015 that the Carusos were planning to sell the land to the developer.
For more information on the Constitution Green story, click HERE.
According to earlier conversations with City Hall in December, there were no current plans to build-out the park or add any amenities in this fiscal year but a recent report by the Orlando Sentinel quotes the Mayor saying that City Hall was considering adding a dog run.