Highland Baking Co. (HBC) currently has two production facilities, one located just outside of Chicago and one on Asheville Highway in Spartanburg, which opened in 2012 and quickly reached its production and employment capacities. The company currently employs 210 full-time workers in Spartanburg and operates two production lines for three shifts each day, maxing out its available cold storage space. The Innovate Fund’s investment will pay for an expansion of HBC’s cold storage space, allowing the company to continue its fast-paced growth by adding a third production line. This will produce 170 new direct jobs in a community with 47 percent poverty and 17.4 percent unemployment.
the renovation of the historic Plush Mill in Greenville, S.C. The revitalized 24,500 square-foot building will be home to Serendipity Labs, a co-working and shared office space.
McBee Station is an infill mixed-use development that includes 197 apartments, 22 condominiums, a one-acre bank site, 500 parking spaces in a two-level garage, 165 surface parking spaces and 79,716 square feet of retail space, anchored by Publix and Staples.
Competing in the world market for talent, technology, capital and jobs, the Upstate’s economic transition hinges on the ability to bridge its deep roots in manufacturing with an entrepreneurial environment that can generate new ideas, technologies, products and processes. Formed by the Greenville Chamber of Commerce in 2006, the NEXT Initiative is an economic development program dedicated to transforming the area’s economy by attracting and promoting the growth of start-up knowledge-based businesses. Starting with 5 member companies, the NEXT Initiative has grown into a thriving 64-company technology team. The Initiative’s home base is the 60,000-square-foot NEXT Innovation Center. The inspiration for the project was discovered during an inter-community visit to Dublin, the digital hub of Ireland. During the trip the team recognized that the most basic requirement for high growth entrepreneurial companies is quality office and research space in an atmosphere conducive to recruitment and collaboration. Upon return the City connected the NEXT entrepreneurs to the project developer to renovate an existing dilapidated building with office suites up to 15,000 square feet in size, single rental cubes, single rental enclosed offices, conference rooms and collaboration rooms.
Located at the intersection of Main Street and Broad Street, the 6-story, 239,500-square-foot mixed-use project features 64,500 square feet of retail and office space; a 250-space 88,000-square-foot parking garage; a new 135-room, 87,000-square-foot Courtyard Marriott; and locally-owned Nantucket Seafood Grill. Project construction began when the economy was in bad shape, costs were high and the future uncertain. Those were not the times when most developers were willing or able to undertake a significant construction project, least of all one in a downtown urban center. “The project was a major expense. Major, major,” Project Developer Bo Aughtry said. “We built that project, one could argue, at the worst economic time since the Great Depression. That project was priced out at the absolute peak of construction costs at the cusp of the downturn.” What made the project possible, Aughtry said, was $27.5 million in New Market Tax Credits from Carolina First and Greenville New Markets Opportunity.
The Children’s Museum of the Upstate (TCM), a 501(c)(3) organization, began with one mother’s wish to create a place in Upstate South Carolina where children would be inspired and learn in an informal, hands-on environment. In December 2003 local benefactors donated the former Greenville County Library building and surrounding land to TCM, and plans for the museum began to take shape. With three floors of space, the project redeveloped the vacant building into the 7th largest children’s museum in the United States and 10th largest in the world. The 79,000 square feet of community facilities space contains 18 custom-designed exhibits, including one of the first handicap-accessible climbing structures in the United States.
Once a commercial hub for the Upstate manufacturing industry, the West End suffered through a long period of disinvestment and decline. In an effort to revitalize this community, RiverWalk was the “first-in” redevelopment initiated in the West End since the recession began in 2007. Providing the first apartment units to be constructed in the Central Business District in decades, RiverWalk’s 90,000-square-foot mixed-use space includes 44 affordable apartments, 11 artist studios/work spaces and ground floor retail on a site that was left vacant by an electrical distribution company.
Project ONE is a complex urban, mixed-use development located in the heart of downtown Greenville. The project site was a Woolworth building that sat vacant for more than a decade before its demolition began in 2009. The location took its place in history with a racial protest sit-in at the old Woolworth lunch counter back in the 60’s. The counter was segregated and students from the all-black Sterling High School made their quiet stand for civil rights and against discrimination. After a few years, downtown businesses ended segregation peacefully. The Sterling High School students memorial statue will remain among the new buildings at its corner where Woolworth’s used to be.
The Claussen Bakery Project is the adaptive re-use of a former family-owned bakery built in the West End of Greenville in 1930. For decades, the bakery contributed to the industrial and commercial development of downtown Greenville. According to news reports, more than 20,000 people toured the facility prior to its original opening. Closed in 1973, the historic building lay vacant for years and ultimately was gutted due to significant structural issues. Ownership of the property changed multiple times throughout the years, from Claussen Bakery to Daisy Foods to Southern Bakeries and, finally, to Brown Baking Company. In 2009, a real estate partnership — 400 Augusta Street Investors LLC — led by The Furman Co. Development LLC, acquired the property. In 2014 they began renovating the building and surrounding land to accommodate office and other commercial business. McMillan, Pazdan, Smith Architecture will serve as the anchor tenant, occupying the 2nd floor, while 16,500 sq. ft. of 1st floor commercial space will be available to small businesses. Completion of this project will benefit the City of Greenville and community at large in several significant ways: 1) the removal of an obsolete commercial building along a busy corridor, 2) the adaptive use of an historic building, 3) preservation of the area’s architectural heritage, and 4) the integration of high density new construction with high quality architecture.
Established in 1995, Upward Sports is the world’s largest Christian youth sports provider. Today, approximately 500,000 players at more than 2,000 churches in 47 states participate in camps, clinics, and leagues through Upward Sports’ Recreation Division. Located off Interstate 85 in Spartanburg County, the 120,000-sq.-ft. Upward Star Center features six full-sized basketball courts, 12 regulation indoor volleyball courts, four batting cages, a running track, strength and conditioning area with trainers, weights and cardio machines, a speed and agility area, team rooms, players’ lounge, meeting rooms, a café and a retail shop. Upward will occupy 114,400 sq. ft. of the Star Center. An additional 5,600-sq.-ft. will be occupied by Spartanburg Regional Health Services (SRHS), which will offer strength training, rehabilitation, and orthopedic services to the neighborhood. SRHS, a self-funded political subdivision of the state of South Carolina, is one of the state’s largest healthcare systems, serving Spartanburg, Cherokee and Union counties in South Carolina, and Polk and Rutherford counties in North Carolina.