The City of Alameda released a media statement today indicating that a development agreement for the Del Monte project – approved in late December and re-affirmed earlier this month – will provide $2 million for the park, on top of some $2.2 million in grant funding.
The land for the park is 22 acres of space that formerly constituted a portion of the Alameda Beltline railroad.
The City of Alameda anticipates that the total cost of the park will be funded grants, donations, and developer fees.
Funds received through the Del Monte development agreement will be used for the most eastern portion of the park at Atlantic Avenue and Sherman Street, nearest the Del Monte project site.
The finished park is to have nature-based playgrounds, an open lawn area adjacent to a gazebo and covered picnic pavilion, walking and pedestrian trails throughout, a community garden, an urban orchard and demonstration gardens for Bay-friendly landscape.