From Carolina Journal Radio Program No. 760: A 600-acre waterfront property in Southport set aside for a state-run “megaport” remains vacant, and the N.C. State Ports Authority has no plans to develop or sell it. The property’s most recent tax appraisal also shows the land is worth half its original purchase price. Rick Henderson, Carolina Journal editor-in-chief, details the latest news surrounding this government project that has gone nowhere since the Ports Authority purchase the property in 2006.
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