Planners working to extend the popular Tennessee Riverwalk from Ross's Landing Park to St. Elmo are having to spend $500,000 to acquire another tract.
Another property came available on a 50-year lease at a dollar per year.
The Trust for Public Land is paying $500,000 for 3.23 acres from Stainless River LTD.
A $500,000 grant is being secured from the Tennessee Department of Environment and Conservation.
Newton Chevrolet, owned by Grant Law, is allowing access across a tract it owns for the nominal amount under the lengthy lease.