Jan
30

New Retail Development Planned for Mount Pleasant

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The heart of town when it comes to shopping could be getting a lot bigger.

A developer envisions putting nearly 400,000 square feet of commercial, retail and restaurants across from Towne Centre, creating an estimated 260 full-time jobs. The firm said it is under contract to buy 40 acres along U.S. Highway 17 known as the Gregg Tract. There, it would locate a $35 million complex that it projects would generate $235 million in annual sales.

The Planning Commission is scheduled to consider Henrich Properties’ application to develop the Gregg Tract on Feb. 22. The firm seeks business zoning for the property, which is now zoned for residential use.

The application does not identify specific businesses that would occupy the shopping center. A traffic analysis in the document assumes they include a home improvement superstore and a discount club. Lowe’s is located across the street in Towne Centre. Home Depot has yet to come to Mount Pleasant, which also does not have a Costco or Sam’s Club.

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