Prospect Lake Park - Clearwater, FL
N 27° 57.833 W 082° 47.625
17R E 323558 N 3094496
Small park with a loop around a lake.
Waymark Code: WM3V1H
Location: Florida, United States
Date Posted: 05/18/2008
Views: 12
In 2001, the City of Clearwater took on a daunting task: transforming a group of vacant former car dealerships in its downtown into a lush community of lakeside townhomes. The site, designated as a brownfield by the Florida Department of Environmental Protection, required the removal of aging gas tanks and various pollutants at a cost of nearly $1 million in state and federal grants. Together with adjacent city-owned land, it has since become the site of an ambitious 16 acre residential project.
In addition to the brownfield cleanup, the city invested $10 million to expand an adjacent stormwater retention facility into an eight acre lake with a decorative fountain, surrounded by a landscaped park and paved pedestrian trail. The new lake provides a scenic and recreational amenity while improving stormwater drainage.
A private developer has been contracted to build the residential portion of the project, a 100-unit townhome development called Mediterranean Village in the Park. As an incentive, the city sold the land to the developer slightly below cost and agreed to pay nearly $400,000 in development fees. The first phase of the project was completed in 2003. The development is expected to add nearly $17 million in new property value to the city's tax rolls, and has helped encourage a wave of redevelopments throughout the downtown.
Name: Prospect Lake Park
Street Location: Cleveland Street
Local Municipality: City of Clearwater
State/Province, etc.: FL
Country: usa
Web Site: [Web Link]
Date Established: 2001
Recreational Facilities: trail and benches around a pond
Memorial/Commemoration: Not listed
Picnic Facilities: Not listed
Monuments/Statues: Not listed
Art (murals/sculpture, etc.): Not listed
Fountains: Not listed
Ponds/Lakes/Streams/Rivers/Beach: Not listed
Special Events: Not listed
Traditional Geocaches: Not listed
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