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BridgeWay Station mixed use development-Mauldin, SC


gman430

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59 minutes ago, distortedlogic said:

Impressed at how fast this thing has gotten underway. Gonna be impressive!

Yes it will...will be interesting  how contruction actually flows as it can't be built all at once...so massive. Will they start in the middle and work outward or begin from one end to the other...

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https://gsabusiness.com/news/construction/77107/

Hughes also discussed BridgeWay Station, a mixed-use development in Mauldin, planned around a Charter Spectrum building already there. The development is fashioned around a city Main Street style that would offer options in retail, restaurant and residential units in a walkable community.

Hughes said he would like to see BridgeWay open in 2021, fully built out and occupied.

“That includes a lot of things to happen that are not in our control,” he said. “But I’d like to think we’re close to an announcement.

“This is going to happen.”

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Article in this morning Greenville News regarding the Swamp Rabbit Trail moving forward at BridgeWay Station. 

 

“Mauldin City Council this week voted to commit to the development of the trail, as well as a pedestrian bridge over Interstate 385. In a second vote, the council also agreed to an easement with Laurens Electric Cooperative and the company's sub-station partner New Horizon that would provide a path for the trail to reach the interstate from East Butler Road.”

Edited by gman430
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We have gone over this a number of time.  You do not just build a project like this with out first leasing out the space.  You need the retailers signed up already to get financing and also in many times you have to have them to even know what you area going to building so it matches their requirements.  Leasing up a project of this magnitude take time.  Most of the time developers would like to keep as much information secret as possible, most of the time you only find out about the projects because they need some type of approval for due diligence or to move the project along that requires them to file an application that is open to the public.  They do not owe you any announcements until they are ready to make them.

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54 minutes ago, gman430 said:

Sooo what you’re saying is that it will probably never get built. Retailers aren’t really expanding right now thanks to the likes of Amazon.

But to say that would presume that Phil Hughes doesn't understand the market, at least not enough to reasonably anticipate retail leasing prospects. Btoy's outlined the "process", which can have any number of permutations. There is a "possible world" in which this thing never gets built, but it's very unlikely that it's this world.

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14 hours ago, gman430 said:

I hope you’re right.  I just don’t know what retailers and restaurants Hughes expects to land with lack of expansion by them and Woodruff Road nearby. 

It it's going to be anything like Birkdale up here in Huntersville (CLT area), there will be a different mix of retail tenants than you'd find in most of these other shopping centers. But I don't know whether Hughes is shooting for that.

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