Port of Port Royal hopes to secure buyer of 317-acre site - WTOC-TV: Savannah, Beaufort, SC, News, Weather & Sports

Port of Port Royal hopes to secure buyer

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PORT ROYAL, SC (WTOC) -

One Lowcountry port is hoping to make a comeback after three unsuccessful attempts to secure a buyer.

The Port of Port Royal has been closed since 2003. But several groups have shown interest in buying the property in the last few weeks.

At the turn of the century, the Port of Port Royal was the largest and only dry dock in the south completed in 1895.

Now, it sits unoccupied.

"This is our true waterfront that we've had no access to it for more than 50 to 60 years," said Van Willis, town manager of Port Royal.

Now imagine if that changed and the port's 67,000 square foot building bustled with locals and tourists of all ages.

"This building itself would represent endless commercial opportunities…restaurants, stores, you name it," said Willis.

The port of Port Royal is listed at $22.5 million for all 317 acres.

Included in the redevelopment design is a ten acre park, a 225-foot marina, a hotel and a large residential area located near the town's shrimp docks.

But since 2006, the town has gone through three unsuccessful attempts at selling the property. 

Town officials are hoping this time, it will be different.

"We're pretty excited, there's actually been some interest in the residential piece which is something that hadn't happened in the last few years," said Willis.  

No formal contracts have been drawn up for the Port of Port Royal. Town officials say they're cautiously optimistic that they'll see money exchange hands in the near future.

NAI Avant is the real estate company in charge of selling the port, which is owned by the South Carolina State Ports Authority.

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