Mauldin will award a $4.25 million bond to support the construction of the Greenville Pro Soccer’s multipurpose stadium at BridgeWay Station. Mauldin City Council approved an ordinance to issue the hospitality and accommodations tax revenue bond in December 2024.
The 10,000-seat facility is expected to cost $80 million to $100 million to construct. The project will also be funded by $45 million in private funding and $10 million from South Carolina. Approximately $14 million is also requested from Greenville County’s hospitality and accommodations tax fund for the project.
Fountain Inn approves downtown hotel rezoning
Baker Commercial Properties LLC, a Columbia-based real estate developer, plans to develop a 66,000-square-foot hotel in downtown Fountain Inn. The nationally branded hotel will be constructed on 2.17 acres at 300 Jones St. near The Mill at Fountain Inn. It will include 109 rooms and 111 parking spaces.
Fountain Inn City Council gave final approval to a request to rezone the hotel property during its Jan. 9 meeting. This rezoning makes the development eligible for tax credits under the South Carolina Textile Communities Revitalization Act.
Chestnut Coffee House opens Five Forks location
Chestnut Coffee House officially opened its new location in Five Forks in late December. The coffee shop is located at 330 Scuffletown Road, next to Pasta Project. Customers can enjoy the shop’s menu of handcrafted coffee using house-made syrups.
The new location of Chestnut Coffee House was previously expected to open in October 2024. However, Hurricane Helene delayed these plans. In addition to the Five Forks location, Chestnut Coffee House also operates coffee shops in Greenville’s Verdae neighborhood, Simpsonville and Clemson.
$23M affordable housing project under construction on Woodruff Road
Construction is underway for a $23 million affordable housing project called Southpointe Senior Residences. The development, located at 30 Southpointe Drive in Greenville, will be reserved for low- and moderate-income renters over the age of 55. Southpointe Senior will include 90 residential units, a community center, a business center and fitness center.
A groundbreaking for the project was held in late November and construction is expected to take 18 months to complete. The Greenville Housing Fund has partnered with Lowcountry Housing Communities, a new developer in the Greenville market, to build the new affordable housing complex.