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High Point approves sale of 4-acre downtown lot to Condon Foundation for multifamily, structured parking
Summary
The Finance Committee approved sale of roughly 4 acres currently used as Point Stadium parking to the David and Helen Condon Family Foundation for $2,065,835. The agreement requires high-quality multifamily apartments, structured parking with up to 200 public spaces and development milestones over 36 months.
The High Point Finance Committee on Aug. 14 approved an agreement of purchase and sale for city-owned property at the intersection of English and Lindsay to the David and Helen Condon Family Foundation for $2,065,835.
Deputy City Manager Greg Ferguson said the parcel, about 4 acres currently used as Point Stadium parking, fronts English and North Lindsay and includes one parcel on Appling Way. The cover memo lists county property tax…
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