Greenville Development Group Revitalizes Historic Cotton Warehouse

News Summary

Greenville’s South Sterling LLC has purchased a long-vacant cotton warehouse for $6.21 million to transform it into a mixed-use community hub. This project aims to add vibrancy to the Poe Mill textile village with shops, apartments, and cafes, while preserving the site’s historic charm. The redevelopment will benefit from state tax credits and community input, aligning with the broader revitalization efforts in the Water Tower District.

Greenville Development Group to Revitalize Historic Cotton Warehouse into Mixed-Use Project

Exciting news is coming out of Greenville, where a local development group is gearing up to breathe new life into a once-thriving cotton warehouse. This project aims to transform the long-vacant structure into a mixed-use community hub that promises to add vibrancy to the Poe Mill textile village.

A Fresh Start for a Historic Space

Located on about 9.5 acres, the cotton warehouse sits right across from the Hampton Station commercial complex, on the edge of Pete Hollis Boulevard. What’s more, it’s adjacent to the new section of the popular Swamp Rabbit Trail, affectionately known as the “orange line.” Imagine a bustling area filled with shops, apartments, and trendy cafes, all while enjoying a stroll or bike ride along the scenic trail. It sounds delightful!

The cotton warehouse property is nestled in the Water Tower District and is just a stone’s throw away from the historic site of the former Poe Mill textile factory. Remember, that site was snatched up in 2021 by Detroit-based Contour Companies, which has plans to develop over 400 apartments and around 40,000 square feet of commercial space. With all this action happening, Greenville is set to become a hot spot for both residents and visitors alike.

New Ownership and Vision

Recently, the cotton warehouse found a new lease on life when it was acquired by Greenville’s own South Sterling LLC for a cool $6.21 million. This well-established company is determined to not only preserve the charming original structure but also to repurpose it in a way that fits the community’s needs. They envision a place that will be a warmer, more inviting spot for everyone to enjoy.

During the recent April 7 county finance committee meeting, legal representative Rick Reams shared some thoughts about the redevelopment, emphasizing the aim to create a lively, mixed-use environment that can attract a diverse community. While specific layout plans are still under wraps, the vision seems promising and full of potential.

Tax Credits and Future Plans

To add to the excitement, the property has been certified as an abandoned textile mill site. This status opens the door for state tax credits, which the county has enthusiastically approved. This could help drive down costs and pave the way for an even more comprehensive redeveloping process. It’s important to note that the project will proceed in phases, giving the developers ample time to implement ongoing improvements that will benefit the area and adjust as needed based on community input.

A Nod to History

As you stroll by the warehouse, you can still see remnants of its industrial past, with barbed wire clinging to the walls and loading bay doors lingering on the exterior, reminding us of its rich history. The redevelopment effort is seen as a significant step toward rejuvenating an area marked by rapid development potential, paving the way for new opportunities and experiences for both current residents and newcomers.

In a nutshell, the redevelopment of the historic cotton warehouse is not just about renovating a building. It’s about it becoming a part of an exciting narrative for the community. As Greenville continues to grow, this project serves as a testament to the city’s commitment to revitalization and innovation. So grab your walking shoes and get ready for what promises to be an intriguing mix of history and modern living in the heart of Greenville!

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Additional Resources

• Post and Courier: Greenville Poe Mill Warehouse Redevelopment
• Wikipedia: Greenville, South Carolina
• Post and Courier: West Greenville Restaurant Renovation
• Google Search: Greenville development
• GoUpstate: Spartanburg New Restaurants and Retail
• Google Scholar: Greenville development
• Greenville Journal: New Mural Completion
• Encyclopedia Britannica: Greenville, South Carolina
• The State: Business News
• Google News: Greenville revitalization