$53.5 million Land Donation to aid in Restoring Everglades
West Palm Beach, FL-- A land donation worth $53 million and 2,256 acres near Lake Okeechobee that will help clean up polluted runoff flowing into local waterways has set a new standard in public-private partnerships. South Florida Water Management and Martin County Commissioners unanimously endorsed a project, this week, which will play a unique role in Everglades Restoration efforts.
South Florida Water Management’s Melissa Meeker called the project, where private and public interests are working together toward a common goal, the “wave of the future.” This land donation will set a new standard in public-private partnerships.
A rare opportunity exists to create a Water Management Facility, while concurrently donating wetlands, and forested uplands, all at minimal or no cost to the public. This project will provide South Florida Water Management District (SFWMD) with a largely completed water treatment and transfer hub/reservoir and adjacent wetland filter marsh storm water treatment area (STA) as a land donation.
“This partnership with Lake Point has set a precedent for future dealings with local governments around the state,” said Lake Point land owner, Jud Laird. “This project proves that partnership is possible, and we can achieve our conservation goals with these kinds of partnerships. In the future, concessions to landowners by local governments should be matched with these kind of partnerships that give back environmentally and financially to their communities. ”
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