Jump to content

Sign in to follow this  
mallguy

Biggest real estate flops in Greenville

Recommended Posts

Out of curiosity:

What have been the biggest real estate flops in Greenville, meaning:

* Investments that have bombed

* Buildings that have looked really bad

* Buildings that haven't lasted

Of the current projects in the works, do you think that any of them could be flops?

To propose my own answers, I'd say that the biggest flops in my lifetime have been Greenville Mall's second incarnation, since the developers spent at least $65 million on it and it was demolished after only about 10 years, as nice as it was, and perhaps Bell Tower Mall, which didn't even last more than about 10 years, either.

I can't think of any definite flops these days, although those downtown hotels and apartment complexes might be dated in 10 years, and I hope that the apartment complexes don't attract a low-income clientele once they aren't nice and new.

Thoughts?

Share this post


Link to post
Share on other sites


The developers of Greenville Mall's re-do in 1995 also spent $65 million on it.  I don't recall how much they sold the carcass for in the early 2000s, but I'm guessing that they lost money.

Magnolia Park seems to be doing well- at long last that site works for something.

Share this post


Link to post
Share on other sites

The Geodesic Cube partially built on top of Roper Mountain for the state's tricentennial in 1970. It sat unfinished on top of the hill for a long time before they began to develop the Science Center. I don't know how much money was spent on it, but it was an eyesore and embarrassment.

  • Like 3

Share this post


Link to post
Share on other sites

I cast a vote for the gaping hole that used to be the Brown Box. Sure, it doesn't meet the criteria, but how many Gateway plans have come and gone, while the weeds continue to grow up on the chain link fence? (Shrug.)

  • Like 1

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...

Important Information

By using this site you agree to our Terms of Use and Privacy Policy. We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.