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Saturday, November 04, 2006
Bogue Inlet Pier Back Up for Sale
Although the town of Emerald Isle has been fighting the good fight, the deal with the developer has fallen through and the pier is back on the market. The deal was contingent upon the town receiving a $3 million NC Clean Water Management Trust Fund grant and the developers, Mid-Atlantic Real Estate, finalizing their purchase from the Stanley family of Emerald Isle. The contract between the Stanley family and Mid-Atlantic was terminated and as a result, Emerald Isle's deal is also void. Town officials are still optimistic about being able to secure the pier and surrounding 3.8 acres for public use and we hope they can secure the funding they need to save the Bogue Inlet Pier. More on the Bogue Inlet Pier deal is available from the Jacksonville Daily News.
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