$15 million in city land lies in Urban Loop’s path
GREENSBORO — It’s not just the state that has a
real estate stake in the Urban Loop staying on course.
The city of Greensboro owns more than a dozen pieces of land, worth about $15 million, that would be used either completely or partly by the remainder of the road project.
Sites to be used partly include the Osborne Wastewater Treatment Plant and Keely Park east of town, as well as a corner of the Carolyn Allen Community Park and Athletic Complex on the west.
In some cases, state highway engineers simply designed the road to take advantage of land the city already owned, such as several tracts along Battleground Avenue originally bought in the late 1950s for an expansion of nearby Lake Brandt.
But the city also took advantage of any opportunity it could to preserve loop rights of way after the route was determined, said transportation planner Craig McKinney.
For example, when the former Cone Mills’ real estate subsidiary wanted to develop land near Lake Jeanette about 10 years ago, part of its agreement with municipal officials required the company to give the city a 22-acre tract for the loop’s North Elm Street interchange.
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