Jeff Casterline's Blog: Commercial Real Estate

Residents in neighborhoods on the International Drive side of Carolina Forest are finally getting some retail shops and restaurants!   Forest Crossing is an upscale retail center located at the intersection of  Carolina Forest Boulevard and River Oaks Drive.   The development is going to add convenience to the already long list of perks of living on this side of Carolina Forest.  Residents of The Farm at Carolina Forest, Belle Grove, and all the communities located along River Oaks Drive are all going to welcome the commercial development.  Currently the closest commercial developments are either over the Intracoastal Waterway or all the way down Carolina Forest Boulevard an Highway 501. 

Two shops in Forest Crossings have already opened!  Bogey’s Spirits…

Myrtle Beach commercial real estate is thriving near the site of the Hard Rock Theme Park.   The latest project will be developed on the existing Waccamaw Factory Shoppes site.  Polar Investments Ltd. recently purchased the 52 acre site and is planning a $300 million complex to include a hotel, homes, retail shops, and a recreation area.

Another retail center has been proposed for the property across from the park’s entrance.  The centers’ developers are planning 34,000 square feet of retail space, restaurants, a convenience store, and a time share office.

The Hard Rock Theme Park is set to open in May of 2008 which is a month later than the original opening date of April 2008.  A single day pass will cost $46 and season passes which went on sale October…

Inlet Square Mall in Murrells Inlet, South Carolina is enjoying a long overdue redevelopment!  The Mall, strategically located where Business 17 and Bypass 17 merge, is undergoing renovations including an outdoor courtyard, updates to the floors, ceilings, lighting, seating areas, a complete overhaul of the food court, new parking lots, entrances, and more.  Additional lease space will be available, to the tune of over 100,000 square feet, housing two large anchor stores, as well as smaller shops.   F+F Development acquired the property at the end of 2006 and are expecting the project to be complete in time for 2007 holiday shopping! 

The redevelopment will rejuvenate this area, aiding local residents by providing a more convenient shopping mall than…