Some Atlanta-based developer bought a chunk of land on Dog Island. He's turning it over to an Indiana University so students can figure out how to develop it as a sort of class project.
Look, I've been to Dog Island. I love the place. It's beautiful, it's quiet, and it's isolated. No bridge from the mainland means no big crowds of drunken college kids whooping it up along the beaches. The one thing Dog Island is NOT is stable. Chunks of it wash out to sea all year long. Build your house on the water and eventually the Gulf's going to eat it right up, just a gulp and it's gone.
I don't know what they're teaching in universities these days, but wouldn't "don't build on land that's not going to be there in 10 years" part of the lesson?