Apr
24

New Apartments for Greenville

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Wisconsin developer plans complex in Greenville

Proposed land for apartments must be rezoned by Greenville County Council

April 24, 2008

By Angelia Davis – Greenville News

A Wisconsin-based real estate development company wants to bring its brand of apartments to Greenville.

Continental Properties Co. is proposing its Springs apartments for 27.4 acres at Rocky Creek and Bagwell roads.

Owners of the properties are asking the county to rezone the parcels from residential suburban to a multi-family zoning classification for the project.

The Greenville County Council is expected to take a second vote on the request May 6.

If approved, work would commence on The Springs at Greenville, Continental’s first development in Greenville and the Upstate. The company has retail developments in Columbia and Mount Pleasant, as well as commercial, hospitality and multi-family developments throughout the nation.

Joe Teague, of Prudential Commercial Real Estate/C. Dan Joyner Co., said The Springs at Greenville would be “an upscale community.”

It would be geared more toward young professionals, middle level managers, and executives coming to the area and needing something that’s “convenient and tasteful” while they transition here, he said.

The Springs at Greenville would have one-, two- and three-bedroom studio units in 18 buildings. The community would have up to 360 units total.

Established in 1979, Continental has offices in Ohio and Arizona. Its multi-family development office is in Jacksonville, Fla.

The company’s first Springs communities were launched in 2002.

Jamie McCutchen, site engineer, said Continental retains ownership and management of its communities.

The Springs are typically gated with ground level apartments that have private entry. Some units have an attached garage with a remote opener.

Amenities also include a clubhouse featuring a Click Cafe (Internet and coffee cafe), a pool, 24-hour fitness facility, outdoor kitchen, car and dog wash, and a dog park.

McCutchen, said the community would also have an extensive network of sidewalks for people to get to all of the units and the common areas. So, “it’s very pedestrian friendly within the community,” he said.

And, he said, there’s a lot of landscape and grass around the individual buildings giving it a lot more of an open-feel than the typical apartment complex.

Continental is also working closely with nearby neighbors and the county in order to assure that their expectations are exceeded, Teague said.

LINK TO ARTICLE HERE:

http://greenvilleonline.com/apps/pbcs.dll/article?AID=/20080424/BUSINESS/804240310/1003

BLOG NOTE:

I have appraised properties that Continental Properties developed for over fifteen years, most of them being retail. I can tell you that they are a first class company that builds a first class product. I have no doubt that this project will be developed in the same manner.

MBD
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