A number of people in North Carolina were nervous (and rightly so) when the owners of Chimney Rock Park announced they were planning to sell their property to the highest bidder. The fear was the privately-owned park would be turned into a luxury housing development, or worse.
The owners listed it for $55 million and turned down a $20 million offer.
But here’s the good news:
“The state has bought Chimney Rock Park for $24 million, Gov. Mike Easley will announce during a news conference today in the park.
“An private donation helped boost the price the state was willing to pay, said Charlie Peek, spokesman for the N.C. Division of Parks and Recreation.”