We are thrilled to share news with you about the latest milestone we’ve achieved in our effort to build the Waterfront Botanical Gardens where Frankfort Avenue meets River Road.
We’ve recently agreed on a $1.00 purchase price for the 23-acre property that will become our future home. The price was formalized when Botanica and Metro Louisville both signed our Option to Purchase agreement, which spells out the details of the future transaction. Signing this agreement is one of the major milestones our organization must achieve on our path to purchase the property.
By agreeing to sell us the property for $1.00, Metro Government is making a major leadership gift to the garden project. This asset is a significant investment by Metro in the economic revitalization of the area. It gives us strong footing to launch our upcoming capital campaign, when we will raise the funds required for construction.
We’ve accomplished so much together! Every milestone we achieve has been made possible through the generous support of people like you! I hope you will continue to support Botanica and the garden project as we head in to these next exciting stages!