About $1 million an acre is what the Town of Hilton Head Island and Beaufort County have agreed to spend to protect two well-known parcels on the island from development.
One property, 9.5 acres at Broad Creek Marina Way, was a popular adventure park until recently. It was purchased outright, and the town is now working on a plan to make it publicly accessible.
Development rights were purchased on the second parcel, 8.64 acres known as the Simmons Tract. That unspoiled land was once owned by a famous islander and will remain undeveloped and in the hands of his family as a result of the deal…