The Cost
Addressing the needs of every park and trail in the city would cost more than $115 million, according to expert analysis. This underscores the significant investment required to enhance the entire park system and address community needs in the years ahead.
Recognizing that the cost is too high to do everything at once, the city structured the investment plan in phases to prioritize the most critical needs and residents' top choices first.
The current plan includes upgrades to the following spaces, which brings the total cost to $60 million:
Spring Lake Park: $20 million
Lakefront Park: $20 million
Other neighborhood parks and trails: $20 million
In the months ahead, the city will continue to engage residents and experts to determine the most appropriate funding mechanisms for this investment plan.
The city is committed to developing a financing plan that will deliver high-quality projects that meet the needs of our community while minimizing the cost on local taxpayers.