Posted inGrand Teton

Feds spend $100M for key parcel of Wyoming land inside Grand Teton

The federal government bought Wyoming’s 640-acre Kelly Parcel school section for $100 million today, a transaction that will see the wildlife-rich property that lawmakers had proposed for commercial development, instead preserved as part of Grand Teton National Park.

The U.S. Department of the Interior and the Grand Teton National Park Foundation announced the completion of this morning’s sale after the foundation spearheaded a $37.6 million drive for private funds to augment $62.4 million in federal conservation money.