“If you’re going to do it, this is the piece of property that you need to do it for,” Mayor Will Sessoms said. “I don’t see anything of that magnitude happening again.”

Article at Pilotonline.com about how the deal to preserve Pleasure House Point happened:

The trust had contacts with the bank, too. Wells Fargo is the trust’s banker, and a member of its board is a former executive with the bank’s real-estate lending department.

Photo: Tim Solanic
One of reasons why TPL saw value in protecting PHP?

Under the recent development proposal, this would have been clear cut and filled in over 7 feet.