Exciting Developments Coming to Grande Dunes!
Grande Dunes, a beautiful coastal area nestled along the scenic Intracoastal Waterway, is buzzing with activity as crews have recently taken to chopping down trees on empty plots of land across the highway from the Grand Strand Medical Center. You may be wondering, what’s all this activity for? Well, it looks like something big is on the horizon!
What’s Happening?
According to land records, the parcels of land adjacent to Highway 17 are owned by GD Marina LLC. Now, this name might not ring a bell, but it is linked to Freehold Capital Management, a real estate development firm headquartered right in bustling Boston. They initially set up shop in Delaware, but it looks like they have their sights set on the sunny shores of Grande Dunes!
A recent presentation from Freehold Capital Management reveals massive plans for this area, which they are calling “Marina Village.” This future hotspot, just a stone’s throw from the medical center, spans nearly 76 acres. With the buzz growing, it’s natural for the community to be curious about what’s in store for this development.
What Can We Expect?
The big questions on everyone’s mind revolve around what kind of homes and commercial spaces will adorn Marina Village. Talk about a community transformation! Right now, though, details are a bit fuzzy. It’s unclear how many homes will be built, the anticipated starting prices, and, of course, when construction will kick off.
According to Horry County land records, it seems that no permits are required for construction to begin on these parcels, which was certainly a surprise for many community members. A quick peek at Horry County property records reveals that the land hasn’t changed hands since it was last sold back in 2013 but is now estimated to hold a market value of about $14.5 million. That’s quite a leap in value!
Where Else are They Developing?
For those who like to keep up with developers, Freehold Capital Management isn’t just focusing its efforts on Grande Dunes. Their work spans across several states, with projects in places like Palm Beach, Florida, and even as far as Oakland, California. They’ve put down roots in cities such as St. Johns, FL; Goose Creek, SC; Houston, TX; and Hendersonville, TN, among others. This development firm really knows how to leave its mark!
It’s always thrilling to see new growth and development in our beloved towns. As more trees come down and construction gears up, we can say goodbye to the quiet empty plots and hello to bustling new homes, shops, and maybe even parks! Overall, Grande Dunes is on a pathway to becoming an even more attractive destination.
The Community’s Reaction
So far, the community’s response to these developments has been mixed. Some locals express excitement over the potential boost to the economy and the convenience of having new homes and businesses nearby. Others, however, are a bit nostalgic for the natural beauty of the untouched land. This is a challenge that many growing areas face as development takes hold.
As discussions continue about Marina Village, many residents are eager for more information and updates on how it will shape the landscape of Grande Dunes. Will it bring more families to the area? What impact will it have on local businesses? Only time will tell!
For now, it’s a waiting game as we look forward to seeing what emerges from the land now being cleared across from the hospital. One thing’s for sure: Grande Dunes is about to undergo an exciting transformation, and it’s a great time to be part of this vibrant community!
