Located in western North Carolina, the 1,568-acre World’s Edge tract was purchased jointly by Carolina Mountain Land Conservancy (CMLC) and The Nature Conservancy (TNC) of North Carolina. This parcel, which boasts spectacular views and unique geological features, is one of the largest undeveloped tracts in the region. The land was recently transferred to the state, which will manage it as part of Chimney Rock State Park, in effect tripling the size of the park. The park is primarily used for recreation. Despite its name, the World’s Edge is commutable from 3 major cities, Atlanta, Charlotte, and Knoxville, all of which are growing rapidly and experiencing significant pressure from second home development.
OSI’s loan of $3 million towards the $16 million project was the first from the Southern Appalachian Loan Fund established in 2005. OSI created the loan fund to help finance transactions that protect ecologically significant landscapes in western North and South Carolina, northern Alabama and Georgia, and eastern Tennessee. The loan fund was created in response to OSI’s study Southern Appalachian Conservation Assessment.