Approval of Wake Stone Corporation Lease to Provide Significant Recreational and Economic Benefits for the Triangle
Wake Stone commits $3.6 million to support mountain biking on 151-acre RDU property.
Raleigh, N.C. – The approval of Wake Stone Corporation’s lease proposal by the Raleigh-Durham Airport Authority paves the way for significant recreational and economic benefits for the Triangle.
“We welcome the decision by the RDU Airport Authority to lease the 105-acre Odd Fellows property for the expansion of the existing Triangle Quarry,” said Sam Bratton, President of Wake Stone Corporation. “Over the last year and a half, we have actively engaged hundreds of stakeholders, including public officials and private citizens, on a win-win solution for the RDU property that delivers significant outdoor recreation, conservation and economic benefits for the Triangle region. Our proposal not only provides funding to support RDU’s Vision 2040 plan, but also helps fund a lease for a dedicated mountain biking opportunity on 151 acres of airport land adjacent to Umstead State Park. We look forward to continuing our work with stakeholders to make this vision a reality.”
After extensive stakeholder engagement, Wake Stone Corporation has offered $3.6 million to help fund the lease of the 151-acre Airport property to support additional mountain biking opportunities for the community, should a third-party, such as a governmental entity or qualified non-profit, agree to manage the property. This agreement is a breakthrough that will help accommodate citizens who want access to the airport land for recreational purposes…