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Published by The Town of Pine Knoll Shores In The Interests Of Its Citizens
Post Office Box 757, Atlantic Beach, N. C. 28512
Volume IV Number 5 February I983
Ken Haller and Noel Yancey - Co-Editors
Two developers who hope to build a $2,5 million shopping center on Salter Path
Road between the Handy Pantry and Oakleaf Drive told the Town Goamissioners at their
SHOPPING CENTER February meeting last week that their plans had run into a snag that
will delay the project and cut down on its size,
John Kane and William Hull of J, M, Kane and Co, at Raleigh said the
snag was the refusal of the Bogue Banks Country Club membership to
lease them a strip of land they needed to meet town requirements for a buffer zone.
**We were planning on leasing the land from them and letting them continue to
use it,*' said Hull, "We think it is unfortunate we were not able to work out the lease
with the club because it will not have the appearance it would have had,"
He said the club*s decision would make it necessary to redraw the plans using
part of the developers* property as buffer zone and that this would cut down on the
shopping center buildings by about 10,000 square feet,
Kane told Shore Line that because of time lost in negotiating with the club and
the necessity of redoing the plans, **we are not sure we can get it open by this tourist
season or not. If we can't, we will wait until another season,"
Kane said the center will have about 15 stores, including a supermarket, a drug
store, a financial institution such as a bank or savings and loan firm and others,
**We don't anticipate any problems with financing," said Kane, noting that he and
Hull had been involved in the development of 8 to 10 shopping centers between them,
Peter Comar, president of the country club, said he considered the lease proposi
tion offered Kane and Hull "a good deal" but that sentiment was overwhelmingly against
it at a recent meeting of the membership. He said the offer called for an initial payment
of $25I000 plus $13,000 a year for 1^ years.
On the motion of Commissioner Bill Dixson the board voted to ask the Planning
Board to look into the possibility of the town's extending its zoning jurisdiction to the
east under state law which allows municipalities to exercise zoning powers one mile
outside their limits,
Dixson noted that the area between the town and Atlantic Beach is a clutter of
mobile homes, fishing piers and vacant land.
TOWN OF PINE KNOLL SHORES
Post Office Box 757
Atlantic Beach, N. C. 28512
U. S. POSTAGE
Permit No. 1
N. C. 28512