Oct
28

Development of Santee Subdivision to Resume

By

Despite a sluggish economy and housing market, one developer is moving forward with his construction plans.

“I want to be a realist. I don’t know how long it will take and how many units we will ultimately do. We will let the market regain traction again, hopefully, and we will let the market dictate just how much we will do,” Lakewilde of Santee Property Manager Peter Nash said.

Nash says the approximately 388 acres off Old River Road between Elloree and Lone Star is prime real estate and is ready to move forward. “It really should be ready for the spring and first-quarter market,” he said.

Nash said he has received the first approval from state and local agencies to begin the project’s first phase. The first phase will include the construction of 39 units and about 27 acres. There will be seven two-acre lots, eight one-acre lots and 24 half-acre lots.

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Categories : Orangeburg

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