Sea Pines Company

Last updated
The Sea Pines Company
Company typePrivate
Industry Real estate development
FoundedJune 20, 1957
FounderGeneral Joseph Bacon Fraser, Charles E. Fraser, Joseph B Fraser, Jr.
Defunct1986
FateInvoluntary Bankruptcy
SuccessorSea Pines Association
Headquarters,
U.S.

The Sea Pines Company was a real estate development group founded by General Joseph Bacon Fraser, Charles E. Fraser, and Joseph B. Fraser, Jr. In 1956. It developed Sea Pines Plantation, Amelia Island Plantation, Brandermill (Virginia), Kiawah Island, Palmas Del Mar (Puerto Rico), Hilton Head Plantation, Wintergreen Resort and more. It was successful in the 1960s but hit hard by 1972-1974 recession. It was sold in 1983.

Contents

History

1955–1968 Early Years

In 1955, at age 26, Charles drafts a land-use plan for a low-density development on timberland at the southern end of Hilton Head Island on which his family held an interest. The following year, Charles E. Fraser, bought his father's interest in The Hilton Head Company and began developing it into Sea Pines Plantation.

1969–1973 Boom

1974–1987 Recession

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Charles Elbert Fraser was an American real estate developer whose vision helped transform South Carolina's Hilton Head Island from a sparsely populated sea island into a world-class resort. He graduated from the University of Georgia and Yale Law School. Through his company, Sea Pines Company, he developed Sea Pines Plantation, Amelia Island Plantation, River Hills Plantation, and Kiawah Island Resort, among several other master planned communities. Fraser died in 2002 at the age of 73 in a boat explosion in the Turks and Caicos Islands while on a consulting project.

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Joseph Bacon Fraser commanded the 48th Armored Division of Georgia and Florida Army National Guard. His military career spanned from World War I to the Korean War before retiring a lieutenant general in 1956. He was also a former mayor of Hinesville, a timber baron, and one of the first resort developers of Hilton Head Island, South Carolina, which his son, Charles E. Fraser, developed into Sea Pines Plantation.

Joseph Bacon Fraser Jr. was one of the founders of the Sea Pines Company, along with his brother Charles E. Fraser and father General Joseph B. Fraser who first developed Hilton Head Island into a popular destination. The Fraser Brother's pioneered many urban planning principals study and copied through the southeastern United States. He was inducted into the Home Builders Association of South Carolina Hall of fame in 2000. His philanthropic work includes past chairman of the Heritage Classic Foundation, which raises money for the non-profit PGA Heritage Classic Tournament and distributes the proceeds to local and state charities. The field house for Hilton Head Preparatory School is named in honor of him.

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