Liberty Hill officials approved a contract for the Liberty Hill Economic Development Corp. to purchase 1.51 acres of land in the heart of downtown, sparking the beginning of the area’s revitalization.
What you need to know
The contract was authorized in July, and the due diligence period for the purchase is expected to close Sept. 29. After the period ends, officials hope to have an idea of what to do with the property, Director of Economic Development Mary Poche' said.
While the land—located near the intersection of Main Street and Myrtle Avenue—was purchased with LHEDC sales tax dollars, the actual price of the property will not be available until after its closing.
