Greater Greenville Economic Developments

[gman430]

We need more of this: 

 

Erchonia Corp., a laser technology manufacturer, will invest $6.7 million to relocate its corporate headquarters from Melbourne, Florida to Fountain Inn.

The investment is expected to create 51 jobs at the company’s facility in South Chase Industrial Park, which is expected to be operational by October 2023.

[bikeoid]

https://media.ford.com/content/fordmedia/fna/us/en/news/2023/03/02/ford-establishes-latitude-ai-to-develop-future-automated-driving.html

Quote

... The company also will operate a highway-speed test track facility in Greenville, S.C.

 

[NewlyUpstate]

Not in the upstate, but a $2B, 4,000 employee EV factory was announced today for Blythewood (less than 2 hours away). 

Great news for the area

https://techcrunch.com/2023/03/03/vw-backed-scout-motors-to-build-2b-factory-in-south-carolina/

[gman430]

Updated development code now online: https://www.greenvillesc.gov/DocumentCenter/View/22949/2023-03-15_Draft_Development-Code

News article: https://www.wyff4.com/amp/article/proposed-city-of-greenville-south-carolina-development-code-mixed-reviews/43393743

Edited March 24, 2023 by gman430

[gman430]

Greenville home sales and prices continue to look better than most of the state. The coastal and midland areas really took a hit in sales:

As for sales, every submarket in the state except one reported double-digit percentage declines, with some of the bigger metropolitan markets sliding more than 25 percent from a year ago. The Pee Dee area showed a 9 percent dip.

Charleston, the state’s largest market by volume, posted a 26 percent drop in closings. Myrtle Beach, the second-largest, slipped 25 percent. Columbia saw a decline of almost 28 percent while Greenville was down 12 percent.

Hilton Head slid nearly 24 percent, while nearby Beaufort dipped 28 percent.  

As for median prices, the state’s three largest metropolitan areas posted increases of zero to 3 percent last month. Greenville held steady at $290,000 while Columbia was up about 2 percent to $254,500, and Charleston climbed 3 percent to $375,500.

Edited March 31, 2023 by gman430

[NewlyUpstate]

Minor League baseball coming to Spartanburg as part of a $250mm development downtown 

 

https://www.wyff4.com/article/spartanburg-south-carolina-new-minor-league-team-stadium-plans/43976849

"

The proposed state-of-the-art stadium, developed by The Johnson Group, will be owned by the city of Spartanburg. Diamond Baseball Holdings is the club’s new majority owner and would lease the stadium from the city of Spartanburg. Robins & Morton would serve as the general contractor for the construction of the stadium. The team could begin playing in Spartanburg as soon as the 2025 Minor League Baseball season.

With 3,500 fixed seats and a 5,000-plus-square-foot Club Room, the new stadium would also serve as a year-round venue for public and private events. In addition to the stadium, the 16-acre mixed-use site in downtown Spartanburg would include multifamily housing units, office space, and entertainment options as part of a more than $250 million development project."

Team will be linked to the Texas Rangers

Edited May 23, 2023 by NewlyUpstate

[rancenc]

Jobs and investment coming to Easley

https://www.areadevelopment.com/newsItems/6-1-2023/sulzer-pumps-solutions-easley-south-carolina.shtml

[gman430]

PROJECT SLURP (the “Company”) has requested that the County assist in the acquisition, construction and installation of land, buildings, improvements, fixtures, machinery, equipment, furnishings and other real and/or tangible personal property to constitute a food product manufacturing facility in the County (collectively, the “Project”), which will result in expected investment by the Company in the Project of approximately $224,200,000, but not less than $179,360,000, in non-exempt investment and the expected creation of approximately 322, but not less than 125, new, full-time jobs (with benefits) in connection therewith, by December 31 of the eighth year after the first year which any portion of the Project is first placed in service. 
 

https://upstatebusinessjournal.com/business-news/sage-parts-plus-inc-invests-1-7m-to-establish-greenville-county-headquarters/

 

https://finance.yahoo.com/news/cardinal-health-cah-build-distribution-144400935.html

[gman430]

More jobs and more office space getting leased downtown: https://upstatebusinessjournal.com/square-feet/water-engineering-center-in-downtown-greenville-could-bring-100-jobs/

And another corporate headquarters for Greenville County: https://upstatebusinessjournal.com/business-news/automotive-supplier-picks-greenville-county-for-new-us-headquarters/

Edited July 13, 2023 by gman430

[gman430]

Due to running out of space and significant growth, Southern Tide will be moving their headquarters to downtown Greenville:

https://upstatebusinessjournal.com/square-feet/greenvilles-southern-tide-moving-headquarters-to-historic-borden-building-greenville-sc/

[NewlyUpstate]

12 hours ago, gman430 said:

Due to running out of space and significant growth, Southern Tide will be moving their headquarters to downtown Greenville:

https://upstatebusinessjournal.com/square-feet/greenvilles-southern-tide-moving-headquarters-to-historic-borden-building-greenville-sc/

Was looking at the leasing plan for this site several weeks ago and noticed this.  The renovation of this building has been looking really nice. Honestly it basically looks done, I'm surprised they aren't moving until next Fall.

https://www.loopnet.com/viewer/pdf?file=https%3a%2f%2fimages1.loopnet.com%2fd2%2fBzcqS351QdhPymjSZnRcmCqdsMz-zwVKRP0W30ax8ws%2fWashingtonStW711The%20Borden%20BuildingSite2019.pdf

[gman430]

Donaldson Company Inc to invest $9,137,000 and create 30 new jobs at ICAR. 

Nissin Foods to invest $224,200,000 and create 332 new jobs at Augusta Grove. 

Jtkekt to invest $45,000,000 and create unknown number of new jobs at Augusta Grove. 

Project Front Porch. $43,000,000 investment and 118 new jobs. Company and location unknown. 

Project Transformation. $70,000,000 investment and unknown number of new jobs. Company and location also unknown.
 

Edited November 4, 2023 by gman430

[GvilleSC]

4 hours ago, gman430 said:

Donaldson Company Inc to invest $9,137,000 and create 30 new jobs at ICAR. 

Nissin Foods to invest $224,200,000 and create 332 new jobs at Augusta Grove. 

Jtkekt to invest $45,000,000 and create unknown number of new jobs at Augusta Grove. 

Project Front Porch. $43,000,000 investment and 118 new jobs. Company and location unknown. 

Project Transformation. $70,000,000 investment and unknown number of new jobs. Company and location also unknown.
 

Some big numbers in there. I hope one of them is downtown. 

[gman430]

8 hours ago, GvilleSC said:

Some big numbers in there. I hope one of them is downtown. 

None of them are downtown. They’re all manufacturing or distribution related.

Edited November 4, 2023 by gman430

[NewlyUpstate]

Nissan Foods (Top Ramen) to open $228 million facility in Greenville County

640,000 sqft factory. Construction to start in December, operational by August 2025.

https://www.postandcourier.com/greenville/business/nissin-foods-ramen-factory-greenville-south-carolina/article_9f8f438c-7f0f-11ee-82a8-c3aa59e52a25.html

Edited November 9, 2023 by NewlyUpstate

[NewlyUpstate]

https://upstatebusinessjournal.com/manufacturing/zf-group-announces-500m-investment-to-expand-upstate-sc-facility/

"ZF Group, an original equipment supplier for passenger cars, commercial vehicles and industrial technology, will invest $500 million to expand its Gray Court manufacturing facility, the company announced Nov. 14.

The investment is expected to add 400 jobs to the facility at 2846 N. Old Laurens Road as the company begins to build next generation propulsion systems for passenger cars and commercial vehicles. The facility is just south of Greenville County along Interstate 385."

[GvilleSC]

There's a lack of details, but adding a Tesla parts distribution center certainly seems like a nice addition to our automotive scene: https://upstatebusinessjournal.com/square-feet/tesla-to-open-logistics-center-in-fountain-inn-south-carolina/

 

[GVLover]

6 minutes ago, GvilleSC said:

There's a lack of details, but adding a Tesla parts distribution center certainly seems like a nice addition to our automotive scene: https://upstatebusinessjournal.com/square-feet/tesla-to-open-logistics-center-in-fountain-inn-south-carolina/

 

I can only hope we can eventually have a East Coast manufacturing site. 

[NewlyUpstate]

On 10/5/2022 at 5:03 PM, vicupstate said:

817 Cleveland St 118 unit apartments

This was posted somewhere before but this is the latest plan.

Looks like this project has been revised and will be going back to the planning commission for approval soon

Before:

After:

Looking forward to seeing more renderings, but seems like they've gone totally away from the multifamily portion, surface parking, and shared garage

[ingvegas]

I hope they also go away from the fiber cement and go all brick masonry. The people that will rent them can afford the upgrade. Re-sale value (they plan to flip the property in about 10 years from their Q&A response) would also be higher. 

Too bad entrance / exit cannot be shared with Andover Apartments. The traffic darting left & right out of Andover Apartments already plays a very competitive game of chicken with oncoming / passing traffic. Now, add vehicles turning out of this new complex right next door and we have a great recipe for frequent auto-accidents at this stretch of road. 

Edited January 19 by ingvegas

[vicupstate]

Not an improvement from the info presented.

[GvilleSC]

I much prefer the way the previous proposal's units addressed Cleveland Street. For such an incredible location, this looks like a cheap solution to make a buck. 

[gman430]

Another boring development for Greed-Ville.

[distortedlogic]

3 hours ago, gman430 said:

Another boring development for Greed-Ville.

[gman430]

13 minutes ago, distortedlogic said:

I want my tower cranes.   My poor drone.  Just sitting there collecting dust waiting and waiting. Tick tock tick tock. 

“You can move to Charlotte if you don’t like it g-man.”

Edited January 19 by gman430