Ginn Co. sells island to City of Charleston
Morris Island is officially in the care of public hands.
The Ginn Co., a Florida-based real estate development company, sold the historic and environmentally sensitive island to the City of Charleston for $3 million on Friday.
The company originally bought the 126-acre site for $6.5 million with the goal of preserving it.
A deed restriction on the property prohibits development.
"We have saved and forever protected a treasure," Mayor Joe Riley said Friday at an event that celebrated the sale.
The ceremony acknowledged a handful of other groups that played a role in the preservation efforts, including the Trust for Public Land, the South Carolina Conservation Bank, the Civil War Preservation Trust, Charleston County Parks and Recreation Commission and the South Carolina State Ports Authority.
E-mail this story
Printer-friendly versionComments
Use the comment form below to begin a discussion about this content.
Notice about comments:Postandcourier.com is pleased to offer readers the enhanced ability to comment on stories. We expect our readers to engage in lively, yet civil discourse. Postandcourier.com does not edit user submitted statements and we cannot promise that readers will not occasionally find offensive or inaccurate comments posted in the comments area. Responsibility for the statements posted lies with the person submitting the comment, not postandcourier.com. If you find a comment that is objectionable, please click "report abuse" and we will review it for possible removal. Please be reminded, however, that in accordance with our Terms of Use and federal law, we are under no obligation to remove any third party comments posted on our website.
Users can now build user-to-user connections, follow friends' recent posts, add an avatar that fits their personality, and more. If you have posted here before you'll need to sign up again, or if you've never posted before, start now by signing up!
Full terms and conditions can be read here.
Thank you for your interest in this story. The comment thread for this article has been closed.
- Most Commented
- Most Emailed
