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Orlando gives backers 3 more years to build city’s biggest park

Posted by on Aug 23rd, 2011 and filed under Featured, Hodgepodge. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Orlando’s biggest park was supposed to open two weeks ago, but now it might not be finished for three more years.

Under a deal with the city, the developers of Lake Nona donated the land and planned to build the park on the south end of the sprawling development in southeast Orlando.

But the park, like much of the country, has fallen victim to the housing slump.

The agreement approved four years ago required the park to open by Aug. 6, 2011, or within a year after the developer built the 1,000th home in Lake Nona South, whichever came first. It was lauded as a win-win deal: Lake Nona would have an amenity to promote to would-be home buyers, and City Hall would get a park long before taxpayers could afford to build one.

And it would be quite a park: At 334 acres, it would be the biggest of Orlando’s recreation areas, more than twice the size of Bill Frederick Park at Turkey Lake and more than seven times Lake Eola Park.

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