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Downtown Clemson’s new luxurious resort… Volvo anticipated to take a position large in Greenville County… and New Realm Brewing formally deliberate for Previous Cigar Warehouse. These are just some headlines previously month you might need missed from Upstate Enterprise Journal.
Downtown Clemson’s new luxurious resort opens
The Shepherd Hotel opened in early September, turning into the primary resort in downtown Clemson.
Founders Wealthy Davies and Wealthy Hayduk consider the Shepherd Resort will fill a necessity for the neighborhood, offering a spot to remain for folks visiting Clemson, college students’ dad and mom, sports activities followers or these concerned with attending the college, as it’s a 9-minute stroll to the admissions workplace for campus excursions. 5 minutes is all it takes to stroll to different components of campus, like Bowman Subject and Sikes Corridor.
Pavilion Growth Firm, the developer behind the challenge, was established by Davies in 1997 and has developed a number of industrial properties throughout the nation.
“We’re so grateful to our companions whose ardour aligns with ours,” Davies mentioned.
Volvo is anticipated to take a position $42.6 million in Greenville County
Volvo Automobiles USA is one step nearer to creating a significant funding in Greenville County.
On Tuesday, Sept. 20, Greenville County Council unanimously approved with out dialogue second studying of an ordinance authorizing a fee-in-lieu-of-tax agreement for Volvo Automobiles USA in consideration of an anticipated $42.6 million funding.
If given closing approval, the settlement, which was beforehand listed as “Undertaking Iron,” stipulates the Swedish automotive producer should make a minimal funding of $35 million for tooling services within the county inside 5 years.
The funding, it must be famous, doesn’t embrace the constructing of a brand new headquarters or manufacturing facility, however relatively makes use of present infrastructure at one or each of the 2 properties.
Los Angeles-based investor group acquires Millennium Flats for $64.4 million
Investors Management Group (IMG) acquired the 305-unit Millennium Flats in Greenville for $64.4 million, making it $211,000 per unit on common.
Millennium Flats, an house advanced situated at 221 Fairforest Approach in Greenville, supplies a mixture of one-, two- and three-bedroom ground plans. At the moment, IMG intends to take a position greater than $2.5 million in capital enhancements on the property because of the growing demand for luxurious facilities.
Previously yr, IMG has sponsored the acquisition of greater than 1,600 items. Millennium Flats represents IMG’s third multifamily challenge in South Carolina after it acquired the Whitley Flats in Central in June 2022.
Greenville Downtown Airport director Joe Frasher awarded Order of the Palmetto
Greenville Downtown Airport Director Joe Frasher was awarded the Order of the Palmetto, the state’s largest honor, at a ceremony Sept. 15 on the Greenville Conference Middle.
The award was offered on behalf of Gov. Henry McMaster by Lt. Gov. Pamela Evette in recognition of Frasher’s 39 years of service to the state because the airport’s director.
“We brag concerning the folks of South Carolina and it’s actually the folks of South Carolina that maintain attracting enterprise from everywhere in the globe.” Evette mentioned. “Right here in South Carolina, we’re a close-knit household, and in South Carolina we’ve an award we give. It’s an award that may’t be purchased. An award that you would be able to’t schmooze your method into. You need to earn it.”
Design Evaluation Board approves new brewery on the Previous Cigar Warehouse
The DRB accredited plans to renovate the Previous Cigar Warehouse to incorporate a brand new brewery. This consists of an outside eating pavilion and a coated occasion space for acoustic live shows.
New Realm Brewing, primarily based in Atlanta, introduced plans to maneuver into the historic area final yr.
The renovations will occur primarily indoors, with the intention of sustaining the unique character of the constructing, and minor renovations are anticipated on the outside. The approval got here with situations for the architect in control of the challenge for minor changes like the placement of a hearth and varieties of supplies that might be used.
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