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Cracker Squire

THE MUSINGS OF A TRADITIONAL SOUTHERN DEMOCRAT

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Location: Douglas, Coffee Co., The Other Georgia, United States

Sid in his law office where he sits when meeting with clients. Observant eyes will notice the statuette of one of Sid's favorite Democrats.

Sunday, July 18, 2010

History in the making: In hindsight, Sea Island Co. dreamed too big & leveraged itself too heavily as it increasingly targeted an ultra-luxury market.



At one time, The Cloister at Sea Island was recognized by a national magazine as the nation's top resort. It could soon come under new ownership as the debt-burdened Sea Island Co. entertains bids for the coastal Georgia resort.

A very informative article discussing the sale and history of the famed Sea Island resort is at ajc.

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