Friday, September 19, 2008

Dallas makes Trinity Forest grab

The City of Dallas has purchased more than 1,400 acres of forestland southeast of downtown, locking in a key piece of the Trinity River Corridor Project.

The city ponied up $6.2 million for the Great Trinity Forest property, part of which will become home to a 400-acre equestrian center projected to generate more than $350 million in economic benefit in its first 10 years of operation.

The land purchase is near the intersection of Interstate 45 and Loop 12 on the eastern bank of the Trinity River, with the proposed horse park on land lying north of Loop 12.

The acquisition is a substantial step in the Trinity River Corridor Project, said Don Burns, project manager for the Dallas Parks and Recreation Department.