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Greenville, SC (2015)

The Claussen Bakery

The Claussen Bakery Project is the adaptive re-use of a former family-owned bakery built in the West End of Greenville in 1930.

Investment

  • NMTC Amount: $5,000,000
  • Total Project Cost: $6,485,697

IMPACT

  • 50 FTE jobs
  • 123 construction jobs
  • Rehabilitation of a vacant or under-utilized historic structure.

Investor

Project Description

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 serves as the anchor tenant, occupying the 2nd floor, while 16,500 sq. ft. of 1st floor commercial space is available to small businesses. Completion of this project now benefits 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.

MAP

Address: 400 Augusta Street, Greenville, SC 29601

Census Tract: 45045000500

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