Material Capital Partners, a Charleston-based real estate developer and investor, announced plans to create a new build-to-rent residential community in Greer.
Mill Landing will be located on approximately 25 acres at 788 Brockman McClimon Road. It will consist of 163 single-family detached homes and townhomes.
The three-and four-bedroom homes will feature a private garage, patio and premium interior finishes. The community will also include a clubhouse with co-working and lounge spaces, a swimming pool, fitness center, large dog park and walking trails.
Material Capital Partners recently closed on the land acquisition for Mill Landing. Alex Chalmers, founder and managing partner of Material Capital Partners, said this closing marks a meaningful step in the company’s continued expansion across the Southeast.
The firm currently has several build-to-rent communities under development, including an 82-unit townhome community in Bluffton. Mill Landing will be the firm’s 10th asset in the Southeast.
“Greer offers everything we look for in a market — strong population growth, economic momentum, access to major employers, and a high quality of life,” Chalmers said. “We’re committed to bringing thoughtfully planned communities to high-opportunity regions like this one, where we can add long-term value for both residents and our investors.”
Mill Landing will be the Material Capital Partners’ first investment from its new BTR Development Fund II. Construction is set to begin in the third quarter of 2025. The project is expected to be completed in the second quarter of 2027. Greystar will serve as Mill Landing’s property manager.
For more information, visit livemilllanding.com.
