The Asheville Citizen-Times reports that public spending on greenways, road rerouting and other infrastructure upgrades in and around what has become known as the city’s River Arts District will reach $50 million in the next six years.
That infusion of public funding into a once derelict industrial district will be accompanied by about $200 million in private investment.
The overhaul is being led by the city, though about 44 percent of public money is coming from federal and state sources.
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(Copy written by Joel Burgess at The Asheville Citizen Times.)