Release Date: November 1, 2011
Stephen G. Riley, ICMA-CM , Town Manager, (843-341-4700, Fax: (843)842-7728
The Town of Hilton Head Island today announced the acquisition of an additional tract of land totaling 2.27 acres on William Hilton Parkway in the Chaplin Community from MTR Development, LLC. The property contains 291 feet of frontage along Broad Creek and 166 feet of frontage along William Hilton Parkway. This property is the site of the former Abe's Shrimp House and is adjacent to other Town-owned land. The Town will pay $750,000 for the 2.27 acres. This property will be acquired with proceeds from the Town's 2010 Bond Issue.
Mayor Drew Laughlin said, "This acquisition will provide more land for a possible linear park that will connect Chaplin Community Park and Shelter Cove Community Park and providing public access to Broad Creek. In addition, this parcel is key to precluding further commercial development and traffic congestion along this busy corridor of William Hilton Parkway."
Town Manager Steve Riley noted that this acquisition furthers the goal of the Town's Comprehensive Plan to protect Broad Creek water quality and to provide public access to Broad Creek.
This property is zoned MMU, Marshfront Mixed Use, which would have allowed 15,889 square feet of commercial development, generating 550 PM peak-hour driving trips.
Today's acquisition pushed the program inventory to 134 parcels totaling 1,199.70 acres, with a total expenditure of $161.5 million. Taken together, these parcels have resulted in a reduction of 4.50 million square feet of commercial development, 1,365 motel rooms, 4,597 multi-family and timeshare units, and the preclusion of 41,408 PM peak-hour driving trips.