Greer BMW Job Forecast
There's good news from local manufacturer BMW who is adding another 10-hour shift as they see a greater global demand for their X5 and X6 vehicles. That's the first sign of an economic upswing since the auto industry's sudden decline last year, and perhaps is an indicator of a change in the business climate. In an unrelated move last year, BMW added a new assembly line at the plant to increase production of the X3 vehicle, which is complete, but has been idle. That production line is not targeted to begin until 2010.
The Custom House - New in Downtown Greenville
Prime location in downtown Greenville has again determined the viability of development projects with the announcement that a new retail / residential complex has met approval at the corner of Wardlaw St and S. Main, very near Fluor Field. The Custom House will be comprised of eight residences above four retail spaces, with four of the residences coming in at a sizable 4000 square feet. Six of the residences are already under contract. That will add a few more units to the 1,757 condos and apartments currently in the popular Greenville City center. More than half of those have been built in the past seven years as downtown living has become more desirable, and sell at an average of $300+ per square foot.
Downtown Luxury Apartments
There is upscale housing activity outside of the downtown as well, with more than 300 luxury apartments becoming available at The Point. Located at Woodruff Road and I-385, this popular area is about five miles from the center of Greenville and convenient to the Woodruff Road shopping and restaurant scene. Nearby, the Millennium Campus houses the Clemson University International Center for Automotive Research and several other corporate headquarters. Despite apartment vacancy rates in the Upstate rising over the past year, the developers are confident that the market for upscale apartments has not become saturated and that a good location will help fill these units. The first phase of apartments will be available in December of 2009.
Cedar Falls Regional Park
Cedar Falls Regional Park, a to-be-built park in the southern part of the county, got a huge boost in financing when it was announced that the S.C. Department of Parks, Recreation & Tourism awarded all their available funds of $413,000 to the project. Together with $2.7 million in funds from a fine levied for a pipeline spill in the 90s, there are enough funds to break ground in the spring of 2010. The 87-acre park is on the Reedy River south of highway 418 and will include various trails with access points to the river above and below the falls, plus a playground and picnic shelter.
High Tech Nursing at Greenville Tech
Local community college Greenville Tech is keeping up with cutting edge technology for their nursing program by opening their Simulation Technologies and Training Center (STAT). The 3,800 square foot facility houses eight patient simulators in seven different environments, including a car accident, an emergency room, an operating room, and a birthing unit. The facility is designed to reduce medical errors through improved training is a partnership between Greenville Tech, USC Medical University, Greenville Hospital System, Palmetto Health, and the University of South Carolina.
Looks like more cloudy weather and rain is expected throughout this week as deep moisture heads up from the Gulf. Highs should be in the low 80s with drier weather headed our way early next week. We've had steady overcast skies and rain for the last week but nothing compared to our neighbors down in Atlanta who are enduring extensive flooding
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