The City of Roanoke’s Economic Development Authority announced Wednesday that it had received a $2.5 million award to support affordable housing development of the former Walker Foundry Site on behalf of developer Greg Kaknes and The Foundry Realty, LLC.

The City of Roanoke and PARK Roanoke will be holding a public parking workshop today at the Berglund Center.

The City of Roanoke has secured a $1 million award from the state’s Industrial Revitalization Fund to support the redevelopment of the former Walker Foundry site.

During Monday night’s Roanoke City Council meeting, the council unanimously approved the land swap that allows the city to complete the Roanoke River Greenway within city limits. It seems that the ability to stay on the Roanoke River Greenway from Salem all the way to Southeast Roanoke is coming. The red-and-black dashed line shows the portion of the Roanoke River Greenway that's planned for the Walker Foundry property. In August 2017, Roanoke City Council authorized the use of eminent domain to claim the land; however, in April 2019, city council voted to stop pursuing eminent domain. The property listing includes this site plan, which includes an extended Roanoke River Greenway, canoe landing, as well as a restaurant.