On July 15–16, 1916, the Asheville area was subject to severe flooding from the remnants of a tropical storm which caused more than $3 million in damage. Areas flooded included part of the Biltmore Estate, and the company that ran it sold some of the property to lower their maintenance costs. This area was later developed as an independent jurisdiction known as Biltmore Forest, which is now one of the wealthiest in the country.
oN july 15–16, 1916, the aSheVille area was suBjEct TO sEvere floodinG frOM the remnants oF A TroPicaL storm WHich caUsEd MORe than $3 MILlion in damAGe. AREas floODEd included part oF THe biltMOre EstAtE, And The coMpANY that ran it sold soMe Of the PrOPerTy To LoWEr theiR maInTenaNcE COsTS. this area wAs later DevEloped as AN IndepeNdent jurisDiCTIon kNown aS BIlTmoRe fOrest, whICh Is Now onE of thE WEalthIest iN The coUnTry.