Thursday, May 20, 2010

Currituck Commissioners Approve Corolla Hotel on large undeveloped tract of Pine Island Oceanfront

From Jeff Hampton of the Virginia Pilot, the article below:

The Currituck County Board of Commissioners on Monday approved a development in Corolla that includes a 100-room hotel, 32 condominiums and 22,000 square feet of retail space.

Sitting on 13 acres of oceanfront property, developer Sumit Gupta and SAGA Construction plan to break ground on Corolla Club & Resort next year.

Currently owned by the Audubon Society, the property was part of a Natural Heritage Area that includes 2,600 acres of undeveloped land on the Currituck Sound.

Audubon officials have agreed to sell the property, located between the Hampton Inn and the Pine Island subdivision, saying it has limited conservation value.

Pine Island residents oppose the development.

The project is expected to create 1,000 construction jobs for about three years, and 75 to 100 permanent jobs, said Carol Norris, a partner at Lawrence-Park, a marketing firm in Virginia Beach representing SAGA Construction.

Click here to see video of the Currituck Board of Commissioners meeting that approved the special use permit and the conditions set forth.