Venice closes on $1.5 million purchase of park land on Laurel Road

https://www.heraldtribune.com/story/news/2022/03/08/venice-florida-closes-purchase-laurel-road-park/9423390002/

Staff Report, Published 10:34 ET March 8, 2022

VENICE – The city of Venice has closed on the purchase of a 4.9-acre property at 3560 Laurel Road East, for $1.5 million.

The city plans to create a new park there for northeastern Venice, with possible amenities including passive and active areas, nature and paved walking trails, pickleball courts, a children’s playground and a dog park.

The property must next be rezoned for park use and then a design/build team would be selected, with the design process anticipated to start in October.

The city purchased the land from Border Road Investments, LLC, which is affiliated with Pat Neal and his associates.

The park is being funded through impact fees. Design is anticipated to cost $300,000, with construction anticipated to be between $2 million and $3 million, depending on the amenities at the park.

the City of Venice closed on the purchase of this 4.9 acre parcel on the south side of Laurel Road that will be developed as a park.  PHOTO PROVIDED BY THE CITY OF VENICE

Ali H. Johnston, MBA in Real Estate

REALTOR®, Lic. Broker #BK3284964

West Villages Realty LLC

19503 S West Villages Pkwy

Stes A2 (by Appt)

Venice, Florida 34293

Office: 941-460-3179