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Land Resources / News / Virginia
Retired CEO buys 244 acres in Currituck County
Source: HamptonRoads.com, by Josh Brown
An Elizabeth City native who made good in the business world may be coming home. July 24, 2011 The retired chairman and CEO of Caterpillar Inc. has bought a 244-acre piece of land once slated to be developed into a mixed-use residential community in Currituck County. James W. Owens and his wife, who live in Peoria Heights, Ill., spent $3.15 million to buy the property north of Powells Point off of U.S. 158, according to county property records.
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