The Town of Leesburg today became the owner of a new park, but it’s one already known to many.
Olde Izaak Walton Park, off South King Street near the Food Lion shopping center, was officially transferred to the town Wednesday as a deed of gift from the developer of the nearby Crescent Parke property.
Lansdowne Development Group, the developer of Crescent Parke, acquired the 20.99-acre property on Monday for $2.7 million, and the deed of gift was recorded Wednesday. The transaction was part of the deal when the Town Council approved the development plans last year. The town entered a 30-year lease for the property 17 years ago and was paying the owners about $111,000 a year. The Crescent Parke developer had taken over lease payments following the development’s approval. Including tax payments, which the developer also covered, the amount reimbursed to the town over the last year was $166,621.99.
In addition to a community building that houses some Parks and Recreation Department programs, the park boasts the very popular Leesburg Dog Park.