Archive for Oconee County

Dec
01

Upstate Building Permits on the Rise

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building-permitThere were more residential than commercial building permits issued in the third quarter in the Upstate, according to a report by Knoxville, Tenn-based Market Edge. The majority of the permits were issued in Greenville and Spartanburg counties. The report classified the Upstate as the counties of Abbeville, Anderson, Greenville, Greenwood, Laurens, Oconee, Pickens and Spartanburg.

Gary Splawn, permits administrator for Spartanburg County, said the number of permits issued depends on the time of the year.

“We usually see the numbers increase in the spring and continue strong through the summer,” he said. “And most of what we’re seeing in terms of residential permits are individual homeowners getting permits for additions to their homes.”

Eric Vinson, director of planning and code compliance for Greenville County, said the same process can be seen in Greenville County.

“The housing permits are definitely cyclical in nature, as we typically have higher levels of construction in the second and third quarters,” he said. “We have seen more residential renovation which explains the higher overall permit numbers.”

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Sep
25

Upstate Getting More Private Spec Buildings

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In Greenville and Spartanburg counties, private developers have dozers clearing sites for 100,000-square-foot and larger industrial spec buildings that will add jobs and benefit community tax coffers. Even with construction just starting, the pricy, high-ceiling projects already have relocating and expanding businesses lining up as prospective buyers or tenants.

“This is due in large part to Greenville’s attractiveness and existing development. The developers understand the value of our community,” said Kevin Landmesser, interim president and CEO at Greenville Area Development Corp.

Landmesser said the new private spec building projects in Greenville County follow other successes such as GE Aviation, Gordon Foods and Roy Metal buildings.

In some other Upstate communities that don’t have supplier magnets, such as BMW, development of spec properties has been slow since the Great Recession. Hal Johnson, chief development officer at NAI Earle Furman, said investors and developers have been cautious, but with the economy strengthening he sees growing demand for new industrial property, a product in short supply. Johnson said developers need to see successes with spec projects in the other Upstate counties.

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Jul
19

Oconee County to Sell Spec Building

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Oconee County is one council vote away from having a new local employer on the horizon. The Oconee County Council on Tuesday unanimously approved on second reading the transfer of property apparently including the county’s 50,000-square-foot speculative building to a yet-unnamed company.

The transfer involves the conveyance of the approximately 19.9 acres in the county’s industrial park near the junction of U.S. 123 and S.C. 11 to the company, as yet unnamed, for $1 million. The transaction is code-named Project Cover III by county officials.

County officials will not comment on specifics of the deal, but sources with the county say Project Cover III could involve from 50 to as many as 75 jobs at startup.

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Aug
26

New Grocery Store Opens in Upstate South Carolina

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– WYFF News

On Wednesday morning, hundreds of people stood in a large huddle waiting for the new Save-A-Lot grocery store to open up in West Union.

The new food store promises to offer up to 40 percent savings on food compared to conventional grocers.

Dwayne Goodwin, president and CEO of the Goodwin Group Holdings, LLC told WYFF News 4 “With Save-A-Lot, one of the key components is a lower cost model. So instead of trying to carry inventory of 40,000 SKUs, like in conventional store, we kind of do the 80-20 rule.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE

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Feb
01

Oconee County Considers Having a Private Firm Handle Reassessment of Property Values

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– UpstateToday.com

On Friday, no one in the county readily knew how much it would cost taxpayers to hire an outside group to perform the duties normally handled by the Assessor’s Office, which operates on a budget of almost $1.3 million.

“I couldn’t tell you that because, frankly, I don’t know,” County Council Chairman Reg Dexter said.

Dexter said answers could be forthcoming at Tuesday’s County Council meeting during the Administrator’s Report.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:
http://www.upstatetoday.com/news/2010/jan/30/cost-outsourcing-reassessment-still-mystery/
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BLOG NOTE:
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I find this very interesting, and to my knowledge, this hasn’t been done in South Carolina before (at least not in recent years). Having worked as an appraiser at an assessor’s office in a prior life (24 years ago), I have several thoughts on how this might work. Depending on the firm chosen, I could see more accurate appraisals being done, especially for commercial properties. The smaller counties just do not have access to the regional comparable data that is needed. The benefits of outsourcing the residential valuations may not be worth the expense, as most of the data used is local anyway. Oconee County should probably look into outsourcing the commercial property valuations only……
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Michael Dodds, MAI, CCIM, MRICS

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