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Multi-million dollar land looked at for possible Mt. Pleasant pa - Live5News.com | Charleston, SC | News, Weather, Sports

Multi-million dollar land looked at for possible Mt. Pleasant park

MT. PLEASANT, SC (WCSC) - Five parcels of land totaling 245 acres on Rifle Range Road could look a lot different in the near future.

Tom O'Rourke with the Charleston County Park and Recreation Commission says the land has a market value of $8 million, but both the town and park and recreation commission are willing to shell out a combined $20 million to turn it into a park.

"We have been trying to purchase land in that area based on a study we did six years ago that showed where we needed the land and what amounts we need to purchase it," O'Rourke said.

He says the high price tag is due to the land's appraisal value of $23 million if more than half of the 245 acres is annexed into town.

"The parcel is either going to be apartments, houses, shops or a park and if we do not get it as a park it's going into a planned unit development and that's when the value will get really high," O'Rourke said.

Just the thought of a park makes lifelong resident George Freeman happy. Freeman says making the land into a park cuts down on development and traffic nightmares.

O'Rourke says both the town of Mount Pleasant and the Charleston County Parks and Rec Commission have been working for quite some time to find an area suitable for the project.

The deal for the land is still in the negotiation stages and no contract has been signed yet.

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