Ted Turner bought 4,680-acre island to stop development; sold it for $4.9m
Direct Source Verification:
This story is aggregated from The Times of India (timesofindia.indiatimes.com). Full reporting rights and copyright belong to the primary publisher.
Ted Turner sold St Phillips Island to the South Carolina government for $4.9 million, much lower than its appraised value. The island will become part of South Carolina's state park system, focusing on ecosystem protection. Public access will be limited, allowing for educational ...
Ted Turner sold St Phillips Island to the South Carolina government for $4.9 million, much lower than its appraised value. The island will become part of South Carolina's state park system, focusing on ecosystem protection. Public access will be limited, allowing for educational programs and eco-tourism opportunities. Turner initially acquired the island in 1979 to prevent commercial development and has maintained its natural state.
Original Source
https://timesofindia.indiatimes.com/world/us/in-1979-ted-turner-bought-a-4680-acre-south-carolina-barrier-island-to-prevent-development-38-years-later-he-sold-it-to-the-state-for-4-9-million-about-one-third-of-its-appraised-value-and-it-became-state-parkland/articleshow/134568650.cms
