Status update: 9 Upstate commercial real estate projects
Here are status updates on where each project stands.
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Greer Mill
3 posts
Greer Mill’s adaptive reuse project moving through rezoning process
STATUS: Moving through rezoning The 286,000-square-foot historic former cotton mill built in 1908 sitting on 8.37 acres at 300 Connecticut Ave. sold last year for $1.4 million. The owners, the…
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A historic cotton mill in Greer could be the first development in South Carolina that benefits from the new Opportunity Zones program
Thanks to the Investing in Opportunity Act, co-sponsored by United States Senator Tim Scott (R-SC), as part of the Tax Cuts and Jobs Act passed in December 2017, the trillions of dollars U.S. investors currently hold in unrealized capital gains in stocks and mutual funds alone could be funneled straight back into the country’s left-behind locales.
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