PULASKI, Va. – The town of Pulaski has recently purchased 155 acres of undeveloped land between Memorial Drive and Pepper’s Ferry Road, which has been vacant for decades, for future development.
As one of the largest undeveloped tracts of land within the town limits, the town has had an interest in the property for several years, given its location and topography, and inquiries as to its intended use and/or availability were made.
“We have been creating building blocks to what I think is a momentous decision, it’s not something every town council would agree to, they have been bold, in making that decision and ought to be commended,” Darlene Burcham, former Pulaski Town Manager said.
When it was put on the market in November, the council made an offer for its purchase which was accepted, and the transaction was completed in December.
The purchase for $1.2 million was made possible through the growth of the town’s general fund undesignated fund balance over the last several years so no debt was issued.
“We’re so excited about the investment the town just made in what is considered premiere real estate within the town for residential, commercial and mixed-use development, it’s a blank canvas and a beautifully situated blank canvas,” Jonathan Sweet, Pulaski County Administrator said.