ANCHORAGE (AP) An Anchorage foundation has decided to sponsor a group of South Anchorage residents who want to create a park.
The group is eyeing a park in an old Lake Otis gravel pit where a developer had planned to build 300 to 400 housing units on 75 acres.
But the Alaska Community Foundation has stepped forward to help with the plan to use some of the land for a community park.
The developer has agreed to sell part of the land to make the park.
Neighbors Ryan Stencel and Tami Holt started the gravel pit project. They have formed a corporation Pioneer Community Development Inc. that will work under the auspices of the foundation to raise the $2 million needed to create the park.
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