Jan
09

Port Royal Development to Take a Little Longer

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The owners of 382 acres in Port Royal have requested five more years to develop their property under an agreement with the town, citing the slow economy and uncertainty about future land-use rules.

Approved in 2001 and called the Trask Development Agreement because of the surnames of most of the owners, the original 10-year agreement includes land near Shell Point Elementary and by Robert Smalls Parkway. The agreement also includes an option for five-year extensions, with Town Council approval.

The land was part of the dozens of properties annexed into Port Royal in the early 2000s, according to town planner Linda Bridges. Only two significant residential developments have been built on the property: Ashton Point, completed in 2007 with 240 apartments; and Shadow Moss, begun in 2006 and moving forward in phases, Bridges said. She did not know how many homes have been completed in Shadow Moss.

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