![]() The dwellings will take up a small portion of the property, while 75% will be preserved indefinitely, according to Olson. She added that people in neighboring towns, Surf City, North Topsail, Holly Ridge, and tourists also enjoy the property currently. “It feels like it needs to be protected.” She’s worried growth will harm the wildlife - fox, coyote, pelicans and sandpipers - and the ecosystem. Homeowner Melissa Miller, who lives about 1 mile from The Point, said she regularly walks the 2.5-mile loop to enjoy the scenery. “The last thing we wanted was 30 homes at the end of the island. “It would be a shame for someone to take away from the natural beauty,” he said. Olson confirmed to Port City Daily part of his plans include preserving much of the property to ensure it does not get built on in the future. The price tag was too hefty to place on taxpayers and the Coastal Federation was investigating opportunities for the state to buy it however, neither succeeded. In 2019, the land was listed for sale for $7.9 million and the town attempted to acquire it and ensure it remains undisturbed for the public to enjoy. These include its current zoning as a conservation district, and the fact that it’s located within an inlet hazard and Coastal Barrier Resources Act area. Coastal Federation Kari Allen, who published a document in 2019 about the land, there are several impediments to developing it per local, state and federal designations. “You can’t take it back.”Īccording to N.C. She is also worried about impacts on the environment, ruining the “fragile ecosystem.” Nearly a dozen other neighbors experienced the same. My concerns about this proposed development are many.”Ĭrownover noted the flooding it already experiences, adding how the recent hurricane brought intense water surge that came under her property, as the sixth house in from the sound. “It’s such a unique, rare culture - a cute little beach town stuck in time. “I think that’s what has most of us residents so worried and scared is, there is obviously amazing, beautiful, healthy nature down there at The Point because it’s been undisturbed,” said Shannon Crownover, homeowner of Serenity Point, adjacent to The Point. Some locals are afraid it may be lost if the acreage, currently untouched and in its natural state, is developed. Located south of Surf City, Topsail Beach has a population of about 460 full-time residents it retains a quaint beach-town feel across its 5.8 square miles. Riggs and Associates, notifying them of his intentions. Nearby residents received a letter from Olson’s land surveyor, Charles F. “In an ideal world, the residents wouldn’t see us and we wouldn’t see them,” Olson said. Plans are still being devised, but he said the buildings will not be tall structures. He will retain ownership - not sell it off or rent it out - to accommodate his family. Married with six children, Olson said his extensive family is the reasoning behind the vast number of buildings. Preliminary plans include building eight single-family dwellings, various garage and maintenance buildings, swimming pools and associated decks and gazebos, a beach access walkway, a sound side cottage and pier, with nine boat lifts. To see it through, he proposed a text amendment to the town’s code of ordinances, which commissioners approved unanimously last month. I am catching up on "Bridgerton" season two.Olson’s vision is to construct a family compound on about 40 acres. □ How do you unwind at the end of the day: Probably just hanging out with my family, watching Netflix like everyone else.□ How did you end up in the Triangle: I got recruited down here by a company called TogetherSoft to run product engineering for them.⛵Favorite Long Weekend Spot: Topsail Beach.□ Go-to podcast: Three Cartoon Avatars or Pivot, the Kara Swisher podcast.□ Last great book you read: " Amp It Up" by Frank Slootman, the CEO of Snowflake Computing.□ What's your first read in the morning? Wall Street Journal.And I would say access to really high-quality ethnic food. □ What do you think the Triangle is missing: At the moment, direct international flights.□ Favorite place to eat in the Triangle: Crawford & Son.Pendo has plans to hire around 400 people this year.Īxios chatted with Olson for our recurring Local Limelight series.What's happening: Pendo raised $150 million from investors in 2021 and recently opened an office in the Raleigh Crossing tower downtown. Todd Olson is the leader of one of Raleigh's most promising startups.
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