Story Park and the downtown library.
This week New Hanover County commissioners unanimously approved moving forward with Project Grace, after making a few minor tweaks. Those changes left in place the financing structure, which includes $24 million in additional costs to taxpayers in order to ensure the participation of private development.
Several of the last minute changes to the Memorandum of Understanding, or MOU, between Zimmer Development Company and the county addressed concerns voiced earlier this month by the advisory boards for the Cape Fear Museum and the New Hanover County Public Library.
These concerns included 8,000 square feet of shared space, which had been identified in a needs study but left out of the original MOU. The space has been restored to the project at no additional cost.