Redevelopment Initiative Set to Transform Spartanburg

News Summary

Spartanburg is poised for significant transformation with the launch of Project Core, a extensive redevelopment plan that will revitalize downtown. This initiative includes the construction of a new six-story hotel, 180 apartments, and ample office spaces, all aimed at boosting the local economy. With an investment exceeding $300 million, the project promises to enhance community spaces and create thousands of jobs, making Spartanburg a vibrant hub for residents and visitors alike. Construction is expected to begin in early 2025, marking an exciting new chapter for the city.

Big Changes Are Coming to Spartanburg!

Exciting times are ahead for those who call Spartanburg home! The city is gearing up for an impressive redevelopment project that is sure to bring a fresh vibe and new opportunities to the downtown area. In collaboration with local leaders, a monumental initiative has been set in motion, titled Project Core, and it promises to completely transform the landscape of downtown Spartanburg.

A Fresh Look for Downtown

At the center of this redevelopment is the former Herald-Journal site on West Main Street, which will soon be bustling with excitement as new structures come to life. The plan includes the construction of a stunning six-story hotel featuring a grand total of 152 rooms, a delightful ground-floor restaurant, a rooftop bar with magnificent views, and plenty of meeting space for gatherings big and small. But that’s not all! Residents can also look forward to the addition of 180 brand-new apartments to the area, welcoming around 300 new residents to the heart of the city.

A Place to Work and Play

The redevelopment also has a focus on creating new office spaces poised to bring an abundance of job opportunities to the local economy. The project aims to provide nearly 1,200 office jobs, with around 900 employees from American Credit Acceptance relocating downtown. In addition, a brand new office building will be rising next door, with plans for a second office space currently being designed in the trendy West Main Street Grain District. This renewed sense of workspace is set to stimulate economic activity and make downtown Spartanburg a true hub of commerce.

A Community Space for All

As part of the redevelopment, there will be an inviting public plaza and green space located adjacent to the newly constructed Minor League Baseball stadium, which is currently taking shape. The Fifth Third Park stadium is expected to open its doors in April 2025 and will undoubtedly contribute to a vibrant atmosphere filled with community spirit. This seamless connection between the stadium and Morgan Square is designed to encourage foot traffic and support local businesses like never before.

Significant Investment and Future Growth

The financial commitment behind Project Core is staggering, with an estimated total investment exceeding $300 million from the Johnson Group, alongside an additional $120 million from public sources. This ambitious project is not only the largest development endeavor in Spartanburg’s history but is also viewed as a golden opportunity to attract even more investments in the future, as Spartanburg continues to rise in popularity.

A Vibrant Future Awaits

Construction is set to kick off in 2025 following the approval of plans by the Spartanburg’s Design Review Board on January 7, 2025. Once the new projects are completed, which is expected to take about 30 months, the daily population of downtown will likely surge by approximately 1,600 people. That means more life, more activities, and more excitement right in Spartanburg’s heart!

The Need for Parking Solutions

Recognizing the potential for increased foot traffic and visitors, plans are also in the works for an adjoining parking garage to help alleviate any parking shortages that may arise as a result of the lively new developments. This ensures that both residents and visitors will have easy access to everything downtown has to offer.

Wrapping Up

With a wave of enthusiasm washing over Spartanburg, the community can look forward to positive changes that will benefit everyone. From hotels and residences to bustling offices and enriching public spaces, Project Core is being designed with quality and sustainability in mind, making it an exciting time to be part of Spartanburg’s evolving story. So keep your eyes peeled as construction takes off and a vibrant new chapter for downtown Spartanburg begins!