Greenville is moving forward with one of its largest new development projects as Verdae Development breaks ground on the 92-acre Bolden Street District along Laurens Road.
The massive mixed-use development is planned to bring together residential housing, retail, restaurants, office space, green areas and community amenities. Construction will take place in multiple phases over several years, creating a long-term pipeline of new development in the growing Greenville market.
A major feature of the project will be its connection to the Swamp Rabbit Trail, with pedestrian and bicycle links planned throughout the district. The goal is to create a community where residents can access housing, businesses, recreation and other amenities within the same area.
A Major Investment in Greenville's Growth
The Bolden Street District comes as Greenville continues to attract new residents, businesses and investment. The size of the project gives developers an opportunity to create more than individual buildings—it is designed to become an entirely new mixed-use destination along a rapidly developing corridor.
For Realtors, investors and developers, the project could have an impact beyond its boundaries. New housing and commercial space can increase activity around surrounding properties, while improvements to roads, trails and public spaces can make nearby areas more attractive for future investment.
The residential component will also add new housing supply to a market that continues to experience population growth and development pressure.
What to Watch
Because the project will be built over several phases, its impact will unfold over time. Each phase could bring additional homes, businesses and amenities while helping reshape the Laurens Road corridor.
The 92-acre Bolden Street District is another sign of how Greenville's growth is moving toward larger, interconnected communities that combine housing, commercial space and recreation.
For South Carolina real estate, it is a project worth watching as Greenville continues to expand and attract investment.
Discussion
Thoughts from readers and local market watchers.