• Text Size:
  • A
  • A
  • A

News Release

Town of Hilton Head Island Acquires Nearly 4.6 Acres of Property Along William Hilton Parkway

Release Date: August 18, 2020

Contact Information:
Carolyn Grant email icon , Communications Director, 843-341-4618

The Town of Hilton Head Island today announced the acquisition of two tracts of property totaling 4.58 acres along William Hilton Parkway (U.S. 278) in the Stoney area for $1.45 million.

The Town paid $975,000 for a 2.65 acre tract at 166 William Hilton Parkway, which is the site of a former marine dealership, and $475,000 for a 1.93 acre tract at 160 William Hilton Parkway, which is the site of the former Fairfield Square complex. Both are located near Spanish Wells Road and are adjacent to existing Town-owned properties.

"As we strive to maintain an aesthetically pleasing environment, we felt it was appropriate to purchase property along our main thoroughfare when the opportunity arose," said Town Manager Steve Riley. "The purchase of these sites adds to our bank of green space and fits within our plans to use such spaces for continued beautification and curb cut management along the roadway."

"Also, these properties, combined with other Town land holdings in the vicinity, will provide added flexibility as the Gateway Corridor project planning proceeds," Riley said.

As part of the acquisition, the Town will have to remove some existing buildings and dilapidated structures on the properties. The demolition work that needs to be done accounts for the differences in the prices the Town negotiated for the two tracts, Riley said.

The Fairfield Square complex has been under a condemnation order by the Town’s building official, and investigations have revealed the presence of asbestos in those structures. The reduction in the purchase price reflects the anticipated costs to the Town to properly remove the asbestos and demolish the structures.

Proceeds from prior land sales and real estate transfer fees were used to buy the properties.  The Town last purchased property in June 2019 when it acquired a 1.07 acre tract at the corner of William Hilton Parkway and Spanish Wells Road. With today's acquisitions, the Town's inventory of land includes 148 parcels totaling 1,297.61 acres, with a total expenditure of $177.04 million.

View the 1 Fairfield Square & 2 Old Marine Dealer Aerial Map