Release Date: April 5, 2011
Stephen G. Riley, ICMA-CM , Town Manager, (843)341-4700, Fax: (843) 842-7728
Gary Kubic , Beaufort County Administrator, (843)255-2027
The Town of Hilton Head Island today announced a joint acquisition with Beaufort County Council of 19.0 acres of land for a total expenditure of $1,400,000.00. The acquisition was negotiated out of a foreclosure action by the Beaufort County Open Land Trust staff on behalf of the two Councils. The Town's portion will come from proceeds of the Town's 2010 Bond Issue.
The 19-acre parcel includes approximately 4 acres of tidal wetlands and just under 2 acres of freshwater wetlands. The parcel fronts both sides of Mitchelville Lane and has 587 feet of frontage on Port Royal Sound. It is one of the last remaining large undeveloped parcels in single ownership on Hilton Head Island. The parcel is vacant and is zoned RM-4, Residential Multi-Family, which would have allowed 76 residential units, generating 76 PM peak-hour driving trips.
"We appreciate the opportunity to once again partner with the County to protect land on Hilton Head Island," Mayor Drew Laughlin stated.
Beaufort County Council Chairman Weston Newton said he shares Mayor Laughlin's appreciation for the partnership. "Together, Beaufort County and the Town of Hilton Head Island have preserved hundreds of acres of vulnerable properties, thereby protecting our environment and our tax dollars by eliminating the need for expensive public services."
"The opportunity to acquire such a large tract at an attractive price and hold it for the future was appealing to both Town and County Council," noted Town Manager Steve Riley.
Today's acquisition increased the land acquisition program inventory to 143 parcels totaling 1,213.18 acres, with a total expenditure of $160.6 million. Taken together, these parcels have resulted in a reduction of 4.48 million square feet of commercial development, 1,365 motel rooms, 4,547 residential and timeshare units, and the preclusion of 40,808 PM peak-hour driving trips.