Archive for Georgetown

Mar
10

NAI Avant Brokers Recreational Land Tracts

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nai avant logoNAI Avant senior brokers Tom and Tombo Milliken recently represented the seller in the sale of ±203.19 acres (AC) of land known as the Cypress Creek Tract. The recreational tract is located in Georgetown, SC at Plantersville Road and Exodus Drive. The property features ±153 AC of uplands and ±50 AC of lowlands. The land is protected by a Conservation Easement through the Pee Dee open land trust and sold for $518,134.

In addition, Tombo and Tom recently represented the seller in the sale of ±102.98 acres of land, known as Rembert Duck Pond, at Horation Hagood & Hwy 521 in Rembert, SC. The “turnkey” hunting property includes a ±18 AC duck pond and cabin on the site. The property was purchased for $388,749, as a prime timber and recreational holding.

Categories : Georgetown
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Nov
24

USC to Sell the Wedge Plantation

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The University of South Carolina agreed Friday to sell a 1,500-acre Lowcountry coastal plantation for the $4 million asking price.

The buyer’s name was not released immediately. The buyer is still inspecting the property, known as the Wedge Plantation, USC trustees chairman Gene Warr said.

USC has leased the nearly 200-year-old plantation founded by rice planter William Lucas for years after the school stopped using it for insect research. Plantation renters have included hunters and filmmakers shooting a Kevin Costner movie.

The school asked for at least $4 million when the plantation was put out for sale again in May. USC paid about $1 million for the property in the 1970s.

READ MORE HERE

Categories : Charleston, Georgetown
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Nov
04

Georgetown Residential Market Heat Up

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Four large residential developments on the Waccamaw Neck are now underway.

They are Bridges of Litchfield, just south of HealthPoint on Highway 17 and Oyster Pearl, a new community on Highway 17 across from Ford Road, both in the Litchfield area of Pawleys Island; Woodlawn Plantation, off Wachesaw Road in Murrells Inlet; and a raw land tract set for development on Pond Road in Murrells Inlet.

Chip Abernethy, a Realtor with Cooper Abernethy Group, which is affiliated with The Lachicotte Company, said these developments along the Waccamaw Neck in Georgetown County are a good sign for the housing market.

“The fact that developers are willing to buy raw land and put in infrastructure to build homes and condominiums is a wonderful sign,” Abernethy said.

READ MORE HERE

Categories : Georgetown, Myrtle Beach
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Sep
27

Pawley’s Island to get a Publix?

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A Georgetown County Council member expects the anchor store at a revamped Pawleys Plaza to be a Publix grocery.

Bob Anderson told members of the Waccamaw Neck Republican Women’s Club this week that the occupant of a new building approved for up to 60,000 square feet at the plaza will “probably be a Publix.”

Anderson cautioned that a refurbished plaza is still not a done deal.

His comment confirmed what some county staff said they were told earlier this year, but which they were not authorized to talk about.

A spokeswoman for Publix said there was no store on the schedule, but she had heard “rumors” about a store in the Myrtle Beach market. She said the company doesn’t comment on rumors.

READ MORE HERE

Categories : Georgetown, Myrtle Beach
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Aug
09

New Construction Planned for Litchfield Plantation

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Clearing was expected to start this week on lots in Litchfield Plantation after the development company last week paid a shortfall in the budget of the property owners association. The move followed 17 months of legal battles between the association and the company.

Development will begin on 21 homes, said John Miller, president of Litchfield Plantation Co.

He bought the company’s assets last year from the plantation’s original developer, Louise Parsons, after the collapse of a buyout effort. That followed a meeting of property owners where the head of the buyout group, Scott Trotter, and his attorney were voted off the board. The new association board filed suit asking the court to declare that the development company no longer has control over the association since it failed to fund a budget shortfall as required by the deed covenants.

READ MORE OF THE ARTICLE HERE

LEARN MORE ABOUT LITCHFIELD PLANTATION HERE

Categories : Georgetown, Myrtle Beach
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Jul
17

Grand Strand Tourism Report Released

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The The Tourism Economy Study, dated July 14, 2011, by Coastal Community College was recently released.

READ THE STUDY HERE

Categories : Georgetown, Myrtle Beach
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Jul
20

New Marina, Homes To Be Built Soon In Georgetown, S.C.

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– Georgetown Times

For the first time in quite a while, there is some good news concerning residential development in the City of Georgetown.

South Island Plantation will soon begin construction on a new marina and pier inside the gated community.

Georgetown City Administrator Chris Eldridge said last week the developers of the property have received a building permit to construct the $540,000 pier.

City Planner Rick Martin said the pier will be about 1,000 feet long.

So far, there is only one house inside South Island Plantation but, Martin said, all the infrastructure is in place.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE

Categories : Georgetown
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Jun
25

Georgetown County Going Forward With Reassessment This Year; Other Areas Not

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– Georgetown Times

Georgetown County has decided to go ahead with reassessment this year, but the trend of delaying the process is happening in many other counties.

Georgetown County is planning to move forward with reassessment, and the first notices should go out in July, according to county officials.

“We are planning to moving forward,” said County Councilman Austin Beard. “We haven’t gotten our numbers back yet, but it is our understanding that we are moving forward.”

Beard said he does not know what impact the possibly declining property values in the county will have on reassessment.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE

Categories : Georgetown
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Jan
31

New Life for Georgetown’s Marina Village at Belle Isle

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– The Sun News

The owner of the Marina Village at Belle Isle has dropped prices and hired a full-time Realtor to boost sales at the year-old, high-end development, which has struggled to find buyers.

The townhomes, which are priced between $399,000 and $675,000, are in one of the hardest-hit price segments. Only 20 condominiums and townhomes sold for between $350,000 and $1 million in Georgetown County in 2009, according to Site Tech Systems, a local company that tracks the real estate market.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.thesunnews.com/business/story/1288739.html
Categories : Georgetown
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Jul
22

Georgetown Steel Plant as a Park?

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I appraised the Georgetown Steel plant in 2003……..and never got paid for it due to the owner’s bankruptcy shortly thereafter. I read this morning that local officials are now planning for the possibility that the now closed mill will not reopen as a mill. So what does one do with a 584,000 square foot vacant steel mill? It sits on 65 acres in a deep water port and the building has ceiling heights up to 72 feet.

Local officials have presented information on an adaptive reuse of a mill in Germany that now serves as a park. Here is a link to information on the German park:
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www.landschaftspark.de/en/
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Would this work in Georgetown? A park? Pleae give me your thoughts on this……
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Michael B. Dodds
Categories : Georgetown, Myrtle Beach
Comments (1)