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an outlet shopping center will be in the offing for Cayce close to the interchange of Interstate 77 and 12th Street Extension, according to a Vermont development company’s web site.

Columbia Capital Outlets could be found near SCANA Corp.’s headquarters off Saxe Gotha path. The 300, 000-square-foot website, at Exit 2 on I-77, is 11 minutes from downtown Columbia and simply accessible to I-77, in accordance with the development business.

EB Development, an outlet shopping mall leasing and administration business, details the Columbia Capital Outlets task on its web site, ebdevelop.com. The web site says the shopping mall is “Columbia, S.C.’s brand-new destination for outlet savings” and directs leasing questions on company.

The website cannot suggest whether any renters have actually invested in the shopping mall. Nonetheless it, along side a pamphlet uploaded on the site, lists a number of regional assets, including the University of South Carolina’s developing student registration, yearly people to Fort Jackson, significant local businesses and area hotels.

The company stated it was involved in many socket malls, such as the Outlets at Pike in extended seashore, Calif.; The Outlets at Assembly Row in Somerville, Mass.; and Las Americas Premium Outlets in hillcrest. Merchants have actually included Nike Factory Store, space Factory, Banana Republic Factory shop, and Disney Outlet.

EB developing stated Columbia Capital Outlets is a joint venture with Paris works in Charlotte.

State and Cayce officials contacted because of the Condition recently said they were unaware of the outlet mall plans. No programs have-been recorded using city of Cayce, City Manager Rebecca Vance said.

SCANA, the parent company of South Carolina Electrical & Gas Co., owns the house that EB developing features identified as the mall’s place. A SCANA spokesman stated the organization still is the owner of the land and is promoting it for commercial development. The company said it doesn't talk about information on land or home sales until acquisition contracts were finalized.

The home is a component of SCANA’s Otarre Pointe development, which includes about 260 acres surrounding the I-77 interchange at twelfth Street Extension. SCANA relocated its head office to that particular area from downtown Columbia in '09.

Three-years ago, SCANA stated it had a letter of intent to market a sizable portion of Otarre Pointe, which lies in an archeologically significant area of Cayce. The company, which built a five-building, 550, 000-square-foot head office at a price of $160 million, stated it wanted only particular forms of development at Otarre Pointe, including upscale shops and stores, flats and, perhaps, a hotel.


It's Interesting
  • Simon Property Group, Inc. is an American commercial real estate company, ranked #1 in the United States as the largest real estate investment trust. Simon is a fully integrated real estate company which operates from five retail real estate platforms: regional malls, Premium Outlet Centers, The Mills, community/lifestyle centers and...
  • Starwood Capital Group is a private investment firm headquartered in Greenwich, Connecticut. The businesses owned by the firm include Starwood Property Trust, Inc., Starwood Energy Group Global, L.L.C., Starwood Real Estate Securities, L.L.C., and SH Group.
    In 2000 Starwood Capital exited its investment in Starwood Hotels & Resorts, Inc. In...
  • The Center City Corridor is a proposed streetcar line, to be completed in 2018, which would serve as an extension to Charlotte, North Carolina's LYNX transportation network. It would connect the University Park area of west Charlotte with Eastland Mall in east Charlotte via Uptown Charlotte.
    It is proposed to follow a primarily east-west path...
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