The Greenville Journal gets the scoop on the new building at Camperdown and River Streets, with an article written by 'contributing writer' Dick Hughes.
The 90,000 sq. ft. "Riverwalk" project is 'on' and will take 12 months to complete. Triangle Construction is the GC. It includes BOTH parcels that I alluded to in an earlier post (total 1.4 acres).
There will be 40 three-bedroom apartments, and four two-bedroom apartments. Also, there will be eight artist studios on the ground level and three offices on the top two floors. Additional space on the ground floor can be either office or retail.
By using government-assisted financing called New Market Tax Credits, the rents will be 'affordable' with 3BRs going for below $850 and 2BRs under $675. TD Bank is involved with the tax credits and the secondary financing.
The tenants in Riverwalk receive a 15% discount at Art Crossing and also get free tickets to Centre Stage productions.
A rendering is included and it looks much better the the ones submitted to the city.