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Spartan

Downtown Spartanburg Condos

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Spartan    682

This development would be great for downtown. This lot is empty, but its right between two bulidings along Main St. I think the building that was there burned down many many years ago. At any rate, its not there now, and this would be a good opportunity to full this vacant lot. The only problem I have with this is that there seems tobe no commercial pace along Main St.

Developers hope to draw buyers to downtown condominiums

By Chris Winston | Business Editor

Johnson Development Associates may build a 16-unit luxury condominium project on East Main Street in downtown Spartanburg.

Foster Chapman, president of Johnson Development, said the company sent letters to prospective buyers about the project.

Chapman said the company would gauge if there is enough demand for the condominiums, which would be built on an empty lot, before a final decision is made.

The proposed project will have an underground parking deck, 10-foot ceilings and 1,500 to 3,000 feet of living space. Most of the units will have Charleston gardens.

The units will sell for between $330,000 and $675,000, Chapman said.

Chapman said he expects there to be interest in the project, especially from empty-nesters hoping to downsize, even though another downtown luxury condominium project, planned for the Renaissance Park site, was recently delayed.

He said downtown was continuing to grow and expand from all angles -- office, retail, nightlife and residential.

QS/1 Data Systems is completing work on its new downtown headquarters that will bring several hundred workers each day to Spartanburg.

A Johnson Development-built spec office building will soon be completed as well to join headquarters for firms such as White Oak Manor, Extended Stay America and Advance America.

New retail shops, including Run With It, Euro Chic and Lulu's, have recently opened.

Work also continues on new several downtown eateries, including Wild Wing Cafe, Monsoon, Subway and a new international food market.

With more people coming downtown each day, Chapman said the need for residential space is rising right along with it.

"The whole thing is starting to rise up," he said.

I edited and summarized this from this article in the Herald-Journal:

http://www.goupstate.com/apps/pbcs.dll/art...2/1026/business

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