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Once a key bargaining chip in the controversial Benn’s Grant development, the now deteriorating Jordan house is up for sale.
The Isle of Wight Historical Society no longer wants the circa 1858 farmhouse, although it fought for its possession for more than a decade.
So, rather unceremoniously, the Historical Society gave the house back to landowners Richard Turner and Henry Morgan at a meeting Jan. 25.
The Historical Society doesn’t have enough money to restore it, said Society historian Carolyn Keen.
Currently, there’s $37,000 in the Historical Society’s bank account.
According to the Benn’s Grant proffer agreement, Turner and Morgan were to sign over the deed to the house to the Historical Society, along with $200,000 to and restore the structure on a subdivided parcel on the property once the project formally got underway.
However, as Benn’s Grant sits idle, “it’s pretty apparent that the economy has set everything back up there,” said Turner about the 253-acre development that is approved for 240 apartments, 320 single-family homes, two big box retailers, a hotel, additional retail and commercial space as well as the Riverside medical complex.
If the house is sold, the proceeds could be donated to the Isle of Wight Historical Society, Turner said....(Subscribe!)