Park Board Approves Acquiring New Property
Posted September 20, 2016 - 2:05pm
The Elmhurst Park Board has approved the purchase of the property at 135 Palmer Drive, adjacent to Glos Memorial Park, near downtown Elmhurst. The District’s strategic objectives include acquiring property to increase open space in the community, and property adjacent to existing park property is identified as particularly desirable in the District’s strategic plan. The purchase price of $1.75 Million for the Palmer Drive property was approved with Resolution NO. R-03-16 at the Monday, September 12, 2016 Park Board meeting.
Closing on the property will take place no later than May 31, 2017. The property currently includes an office building and parking lot. In the months ahead, the District will determine the best short and long term use of the new park property while considering resident feedback from the upcoming fall 2016 Community Needs Assessment, in addition to the findings and recommendations of the District’s Comprehensive Plan, scheduled for spring 2017.