The Old Dominion Boat Club agreed Monday night to sell its half-acre parking lot and clubhouse at the foot of King Street to the city of Alexandria for $5 million, ending four decades of disputes and allowing the city to create a park as the centerpiece of a remade Potomac River waterfront.
Sixty-six percent of the 400 members who voted chose to accept what the city dubbed the move option, which will give the club $5 million in exchange for both its parking lot and clubhouse, and allow the club to build a new clubhouse in the nearby Beachcombers building. The deal would also allow 45 surface parking spaces and a new boat ramp, piers and slips.
“I think we’re happy we’ve started on the road to put this thing to rest,” club President Richard Banchoff said.
“That’s very good news,” said Mayor William D. Euille (D), who has worked on the issue for 10 years. “Even though I know how difficult and challenging it was for ODBC members, and the city, it ends up being a win-win. . . . I’m tickled to death.”
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