DOROTHEA DIX PARK’S PROPOSED DEVELOPMENT PLANS

Apr 2, 2021

Monarch Realty Co.

Last month the Dix Park Conservancy made its formal pitch for developing the park to Raleigh’s City Council. Among the proposed plans are a new entryway, play area and plaza of Lake Wheeler Rd. as well as a boutique hotel, hiking trails, a garden and an outdoor concert venue.

Click the image below to play a video with more information on these development plans.

Along with private contributions The Conservancy proposed two bonds to fund these additions, the first of which could go on the ballot for taxpayers to vote on as soon as 2021. The other would be deferred until 2025, and these bonds could approach a combined $200 million in taxpayer funding.

City Council leaders are still debating the size of these bonds as well as when and how to move forward with the project. If the vote ultimately passes, property tax rates would likely increase by 2 to 3 cents per $100 of property value.

“This is a public-private partnership, so there are a lot of opportunities…you would have outdoor play, indoor play, potentially a food hall. There is just so much opportunity.”

— JANET COWELL | PRESIDENT & CEO, DIX PARK CONSERVANCY

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