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Ports Authority accepting bids for land
Add CommentStill looking for a last-minute Christmas gift for that hard-to-please someone? How about 50 acres of prime, waterfront real estate?
The S.C. State Ports Authority released a request for proposals Friday that calls for bids from groups interested in buying the former port at the end of Paris Avenue - land that holds the key to the future of historic Port Royal. Proposals are due to the Ports Authority by 5 p.m. March 30.
Redevelopment of the state port property has been in the works since Gov. Mark Sanford signed legislation in 2004 requiring it be closed and sold by the end of this year. After months of negotiations, the town and Ports Authority last month reached a deal outlining development guidelines for the land.
The development agreement, which will be attached to the property when it's sold, includes rules on building height and the number of homes and amount of commercial space allowed.
Friday's request from the Ports Authority is divided into two parts:
a request for qualifications and a request for bids.
Only when a proposal is deemed qualified, based on the respondents' experience, financial capabilities and other considerations, will the bid be considered, according to the Ports Authority.
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