sponsor



Homepage > Money

$65 Million Development Coming To Downtown Greenville

Public-Private Development Combines Retail, Residential

POSTED: 2:53 pm EST February 4, 2004
UPDATED: 4:56 pm EST February 4, 2004

Developers and Greenville officials announced a $65 million development project that will completely change the face of downtown Greenville.

The RiverPlace development will include retail, restaurants and housing along the south bank of the Reedy River between Main Street and River Street.

"On one side, our neighbor is the Peace Center. On the other side is the city's new $12 or $15 million botanical garden and bridge. I think the incentives are in place this is a great place to go develop," developer Bob Hughes said.

Hughes said the project will include:

  • A six-story Hampton Inn hotel
  • Three restaurants
  • An 87,000 square-foot office building
  • A four-level fountain
  • An underground 550-space parking garage
  • More than 50 condominiums
  • Spaces set aside for artists along the riverfront

    Greenville officials said the city will build and maintain the parking garage, as well as make improvements to adjacent streetscapes and the riverwalk between Falls Park and Linky Stone Park.

    "The city is proud to be a partner in the largest private investment ever made in downtown Greenville," Greenville mayor Knox White said.

    "All of the partners in this project share a great sense of pride as we see Greenville continuing to move forward from a strong textile community, to a respective manufacturing center, to a leading technological research magnet, and ultimately to one of the country's most enjoyable places to live," Hughes said.

    "I think this will be one of the most spectacular things of any small city in the U.S.," landscape developer Richard Webel told WYFF News 4's Nigel Robertson.

    Phase I, which includes most of the items mentioned above, is expected to be completed by July 2005.

    The area encompassed by the project includes property along Main Street embroiled in a bitter eminent domain dispute. Billy Mitchell's music store was condemned by the city last year after Mitchell fought the city's attempt to take the property. Mitchell is fighting the condemnation order.

    See Artist Images Of The Planned RiverPlace Project

    Links We Like
    Sponsored Content
    Feeling sick, hurt or just plain lousy? Use this interactive symptom checker to help pinpoint the problem and find a solution. More

    Decorating your home for Christmas should be fun and enjoyable. Learn how to keep it that way and avoid the holiday stress. More

    So you want a cool job huh? Find out what you could be making to do something you love. More

    With the holiday season fast approaching, most of us plan to repeat the new-age tradition of online shopping. Check out the best sites and find that perfect gift for less. More

    Don’t be left out. Make the switch to Digital TV.

    Credit Center

    Your Credit Score Changes Often. Click Here for Your Latest Credit Score & Report.View it Online for $0.

    Best Local Rates On...



    LocalNational

    30 Yr Fixed Mortgage5.99%6.07%

    48 Mo New Car Loan6.80%6.84%

    $30k Home Eq Loan8.85%8.15%

    6 Month CD2.85%2.95%
    Help! I don't understand!
    All Rates


    Sponsored Links

    Stock Quotes

    GET A QUOTE
    Enter Symbol

    Consumer Info



    Sponsored Content Provided by ARA

    Gas Prices

    Gas prices
    Keep tabs on the latest news, and calculate the cost of a trip in our special section. More


    E-Mail News Alerts
    Get breaking news and daily headlines.
    Browse all e-mail newsletters