A major step in the redevelopment of County Square in Greenville took place Monday. Greenville County leaders broke ground on a new administration building. “This is the first major step in the development of over 38 acres in downtown Greenville,” Joe Kernell, Greenville County administrator, said. “This beautiful and iconic building will be the cornerstone of the development for many years to come.”Developer Phil Mays of RocaPoint Partners said the new Greenville County administration building will span around five acres and cost around $68 million. The building will house Probate and Magistrate courts along with tax, real property services, council chamber and retail space. “It will be one of a kind for South Carolina,” Mays said. “It will be a real attraction and interesting place for people to gather and have events and for the everyday government person who’s working here, to actually work.” Greenville County Council Chairman Butch Kirven said the current administration building will be demolished once the new one is complete. Then that land will be privately developed into residential, office, and retail space. Kirven said the private developments will generate tax revenue for the county. “So at build out, 10 years or so, estimates now about $23.5 million annual tax revenue,” said Kirven. Mays expects the new administration building to be complete in two years and for County Square to be transformed in eight to 10 years.

A major step in the redevelopment of County Square in Greenville took place Monday. Greenville County leaders broke ground on a new administration building.

“This is the first major step in the development of over 38 acres in downtown Greenville,” Joe Kernell, Greenville County administrator, said. “This beautiful and iconic building will be the cornerstone of the development for many years to come.”

Developer Phil Mays of RocaPoint Partners said the new Greenville County administration building will span around five acres and cost around $68 million. The building will house Probate and Magistrate courts along with tax, real property services, council chamber and retail space.

“It will be one of a kind for South Carolina,” Mays said. “It will be a real attraction and interesting place for people to gather and have events and for the everyday government person who’s working here, to actually work.”

Greenville County Council Chairman Butch Kirven said the current administration building will be demolished once the new one is complete. Then that land will be privately developed into residential, office, and retail space. Kirven said the private developments will generate tax revenue for the county.

“So at build out, 10 years or so, estimates now about $23.5 million annual tax revenue,” said Kirven.

Mays expects the new administration building to be complete in two years and for County Square to be transformed in eight to 10 years.



Source Google News