Tax Break for New Housing Project, Morgan Square Progress, and Other Spartanburg City Council Updates

A New Development in the Heart of Spartanburg

In a fresh wave of growth, Spartanburg is laying the groundwork for a new $23 million housing project aimed at revitalizing an underdeveloped downtown area. The proposed site is a vacant parcel of land nestled between Church Street and Florida Avenue, adjacent to Whitney Road intersection, and a short walk from Spartanburg Regional Hospital.

The proposed development, spearheaded by VanRock Holdings LLC, is christened as Village Grove Townes. The blueprint showcases a total of 95 for-rent townhomes, each featuring three bedrooms and two bathrooms. Significantly, 10 of these units will be income-based, targeting residents earning less than 80% of the area’s median income—approximately a $60,000 annual salary for a family of four or $42,000 for a single-person household.

“This project could mark a turning point for our community. Our goal is to ensure everyone has the chance to experience new and exciting housing options,” said Mayor Jerome Rice, Jr.

The council voted in favor of a tax break for the developers, aiding the project financially. As part of the agreement, VanRock Holdings LLC will commit to carrying out aesthetic enhancements in the surrounding area. Final approval on the project is still awaited. Plans for the land purchase are set for a 2025 close.

Morgan Square: Upcoming Revitalization

City Manager Chris Story updated the council on several urban developments, including the long-awaited revival of Morgan Square—a project that has not seen significant movement since last year. The estimated costs for the restoration were approximated to be around $15 million back in December.

According to Story, the design team will return to council with a revised blueprint and a finance plan in the coming months. In the meantime, public input opportunities will also be expanded. The construction phase should last about 9-10 months, though a phased approach to minimize disruption for downtown businesses may lengthen this timeframe. The city’s event staff is currently exploring alternate venues for popular events like Music on Main.

Conclusion

These urban changes show the determination of Spartanburg’s leaders to bring about growth and inclusivity in the city’s heart. As developments unfold, we’ll continue sharing updates.

Keep watching this space for further reports on these exciting projects and more updates from the Spartanburg City Council.

(i)Author: HERE News(ii)