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gs3

Burroughs & Chapin plan new 1,600 acre project

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Looks like the Cliffs developments, north of town, will be getting some neighbors. Burroughs & Chapin (Myrtle Beach developers.....the ones responsible for destruction of the Pavillion), are planning a luxury residential development off Highway 11, just north of the city. Article from the Greenville News:

http://www.greenvilleonline.com/apps/pbcs....INESS/708010364

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So they bought 1662 acres of mountain property for $17.1 million. When they sell homesites they will probably charge $300,000 at least for a 1 acre lot. They just might be able to turn a profit on this one. :dontknow:

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I have been watching that property since it got listed. It's a developer's dream, but it still took almost 2 years to sell it. Go figure.

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