Development group seeking $60M for Lowcountry land - WCIV-TV | ABC News 4 - Charleston News, Sports, Weather

Development group seeking $60M for Lowcountry land

Posted: Updated:

HILTON HEAD ISLAND, S.C. (AP) - An economic group says there's not enough land for development in Beaufort County and wants almost $60 million to buy several large parcels.

The Island Packet of Hilton Head reports (http://bit.ly/RE7GI6 ) the Lowcountry Economic Alliance would like to attract aerospace companies, defense contractors and information-technology companies to the fast-growing county on South Carolina's south coast.

But alliance executive director Kim Statler says there are no parcels of land big enough to locate the companies the alliance hopes to attract. The economic development group would like to buy more than 1,200 acres near Yemassee, Bluffton and Beaufort. The alliance would then add sewage and road improvements.

The alliance says money for the effort could come from a 1 percent sales tax that might be considered by voters in November.

Information from: The Island Packet, http://www.islandpacket.com

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most Popular

Stories
Videos

Like Us On Facebook


Powered by WorldNow

ABCNews4 WCIV-TV

888 Allbritton Dr.
Mt. Pleasant, SC 29464
843-881-4444 | Advertising Information

Public Information File

For assistance with accessing WCIV-TV's public information file, click here.

Advertising

Advertising Credit Application and Terms and Conditions PDF.

Powered by WorldNow
All content Copyright © 2014 WCIV and Worldnow. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.