DUNWOODY — Dunwoody residents will soon see a new park thanks to the sale of two residential properties along Vermack Road. The combined size of the properties at 4809 and 4819 Vermack Road, is 9.29 acres and includes an open field and a wooded area.
“When I heard these parcels were available, I saw the opportunity to preserve this greenspace,” said Dunwoody Mayor Lynn Deutsch. “I look forward to working with the community to create something fabulous.”
Following Monday night’s vote to purchase the land, the city begins 60 days of due diligence with the seller before the $5.6 million purchase becomes final. The process includes an environmental study, appraisal and title research.
“Land of this size doesn’t come available very often in Dunwoody,” said Dunwoody City Manager Eric Linton. “This is a generational move by Council Members to support the future park needs of this community.”
The Public Facilities Authority also unanimously approved financing for the purchase using the Georgia Municipal Association’s Bricks and Mortar Installment Sale Agreement Financing Program. This lease-to-purchase financing structure is the same one used for the purchase of Dunwoody City Hall in 2016.
“We’re always looking for opportunities to chip away at Dunwoody’s land deficit for parks,” said Dunwoody Parks and Recreation Director Brent Walker. “There is a lot of potential with this property for nature trails and open play areas.”
Dunwoody’s Parks Master Plan, last updated in 2017, cited the availability of property for new parkland as a need for the city and recommended making land preservation and acquisition a priority for the City. With this land buy, the City of Dunwoody will have more than 200 acres of park space.
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