Archive for Sumter
Sumter Industrial Properties Sold
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The industrial properties at 511 and 561 North Pike Street in Sumter, South Carolina have sold. The properties consist of an 11,800 square foot warehouse, a 20,400 square foot warehouse and 84 mini-storage units.
George McCutchen, CCIM, SIOR represented the seller of the property, Boineau’s Moving. The purchaser was Coleman American Moving from Alabama and the purchase price was $850,000. McCutchen said, ‘This is a nice transition from Boineau’s to Coleman American, who also has a great reputation for their moving service.” Coleman is an Agent for Allied Van Lines and each site is a military approved facility.
Sumter’s Shaw AFB Releases Economic Impact Statement
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Shaw Air Force Base has created upwards of 2,000 jobs locally worth about $72.25 million, according to an economic impact statement released by the base.
“For 70 years, Shaw Air Force Base has been a cornerstone of the economic strength of the South Carolina Midlands,” said Rob Sexton, community relations manager. “It is our pleasure to forward to you the annual summary of Shaw Air Force Base’s economic impact upon the region and many other statistics for the fiscal year which ended Sept. 30, 2009. This is the most-recent fiscal year for which all statistics are now available.”
Report: Abandoned Homes, Vacant Lots Occupy 638 Acres in Sumter
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The city of Sumter has 638 acres of abandoned or vacant lots, representing about 3.5 percent of the city’s total acreage.
Many people know about these lots and even where they are. What to do about them, however, is another matter.
As a starting point, members of the Sumter City-County Planning Department surveyed the streets to identify the vacant lots and properties from October to February, then took two months to compile a report.
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Shaw AFB Accepting Developers’ Bids on Massive 600-Plus Home Development
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Get ready for a boom — and not a sonic one, either.
Shaw Air Force Base is accepting bids for a new development that will create 630 homes for military families in the area, and builders are in a frenzy trying to get in on the action.
According to Chris Aamold, deputy commander of the 20th Civil Engineering Squadron, Shaw has been planning to privatize its military housing for the past 11 years, ever since the Housing Community Profile, a funded contracted study, determined that privatization was a necessity.
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LINK TO ARTICLE HERE:
Sumter Hopes To Attract Young Professionals with Apartments
Posted by: | Comments- The Item
Would you live in downtown Sumter?
Ray Reich, the city’s downtown development manager, and others involved in the redevelopment of downtown are hoping people will.
Reich said putting apartments in the upper levels of some downtown buildings is the next step in the revitalization of downtown Sumter.
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LINK TO ARTICLE HERE:
http://www.theitem.com/article/20090621/ITNEWS01/706219876
‘Frenetic’ Construction Soars at Shaw Air Force Base
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Construction of the 3rd Army’s new $150 million home at Shaw Air Force Base should begin this June, officials announced Monday.
The project, which will bring about 1,400 soldiers and their families, is the heart of a $200 million building boom at the Sumter base.
Shaw commanders, though, said the Air Force has plenty of projects under way and even a few — like a new “green-friendly” dormitory for airmen and flight-line shelters for F-16 fighters —near completion.
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LINK TO ARTICLE HERE:
http://www.thestate.com/local/story/709394.html
Sumter Retail Development Stagnates
Posted by: | CommentsSeveral planned local ventures stall but others still on track to open
October 2, 2008
Joe Perry – The Item
A little more than two years ago, rumors of a second Wal-Mart Supercenter coming to Sumter were finally confirmed.
As the national economy lost its momentum and the inventory of new homes in the local real estate market reached a point of oversaturation, the second Wal-Mart — slated for a 45-acre plot at U.S. 15 South and Lewis and Cockerill roads that sold for $3.4 million — was put on ice.
What seemed like a win for Sumter in late September 2006 — several officials put the total expected investment from the world’s largest retailer in the $20 million range — now has to be placed firmly under the heading of ‘maybe.’
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LINK TO ARTICLE HERE:
http://www.theitem.com/apps/pbcs.dll/article?AID=/20081002/BIZ/710029967
Point-of-Sale Property Tax Bill Introduced in the Senate
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New Retail Center Planned for Sumter
Posted by: | CommentsHammond Development to Build South Carolina Retail Center
Spartanburg, S.C.-based Hammond Development is building Sumter Town Centre, a $3 million, 8,000-square-foot retail center in Sumter. Tenants include Firehouse Subs and Bruster’s ice cream shop. The center is situated on 1.4 acres at 1293 Broad St. Construction began in March, and the project is scheduled to deliver in July.
http://www.rebusinessonline.com/news_southeast.shtml
