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Olde Discount Brokers Nashville  

Outlying & Commercial Growth in Greenville SC in 2005

A cold, wet storm gave us a good soaking theNewsIn commercial real estate, Bon Secours
last few days, but has finally departed theSt. Francis Health Systems has taken an
Upstate and we're looking for nice clear daysoption on 54 acres in the new 250 acre
with highs in the mid to upper 50's for theMillennium Campus. This campus is adjacent
rest of the week.As growth pushes furtherto the International Center for Automotive
into Greenville County, residents areResearch (ICAR) project and across I-85 from
rethinking the historic lack of zoning andthe large planned-residential Verdae project.
considering it for the future. BuildingIf fully developed, it would dwarf their
permits have increased 42% since 2001 anddowntown location (30.2 acres) and their
look to continue in that direction. Thesatellite Women's and Family Hospital (15
availability of jobs and raw land tend toacres) on the eastside. St. Francis recently
fuel this growth, reports Grant Cunningham, aabandoned a proposed parking deck joint
planning professor of Clemson University.venture with Greenville Hospital System on
Greenville school district's decision tothe Eastside campus.Residential real estate
build mega-schools in the outlying areassales have remained brisk throughout the fall
where land is cheap has also played a factorand holiday season and are expected to
in the outward growth.Year/Number of buildingcontinue into 2006. New home construction
permits: 2001/2032, 2002/2032, 2003/2099,remains a major player in the inventory of
2004/2326, 2005/2896.Source: Lee Polowczuk,homes available on the market.
Greenville County spokesperson & Greenville



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