Greenwood Launches $400 Million Project to Revitalize Golf Course and Surrounding Area

Greenwood’s Big Makeover: A $400 Million Project to Revive Local Golf Course and Beyond

GREENWOOD — Big changes are headed to Greenwood, and the excitement in the air is palpable! A significant renovation and expansion project is about to reshape the former Links At Stoney Point Golf Club. This isn’t just any renovation; it’s a $400 million project that local officials hope will not only rejuvenate the golf course but also transform the surrounding area into a buzzing hotspot for tourism and economic growth.

The Vision Behind Olde Eight Development

The project is officially dubbed the Olde Eight Development. This expansive plan includes the creation of hundreds of new residential units and commercial spaces on the picturesque shores of Lake Greenwood. These units will primarily consist of charming single-family homes and a handful of multifamily townhomes.

But that’s not all. A marina and a full-fledged golf course will be central features of this development extravaganza. What was once a simple golf course is about to become a vibrant community hub!

More Jobs, More Opportunities

This development isn’t just about new buildings; it promises to be a fantastic opportunity for those seeking employment. The project is set to create 103 full-time jobs, a welcome boost for the local job market. According to the developers, this is just the beginning of what they hope will lead to further growth and prosperity in the region.

County officials have shown their support by approving economic development incentives aimed at reducing property taxes on the commercial aspects of the project. This forward-thinking approach demonstrates a commitment to long-term community growth and sustainability.

It sounds like the community is just as thrilled as the developers themselves. As Mitch Kovitz, the managing member of Greenwood Land Holdings, noted, “We couldn’t be more thrilled to bring this transformative investment to Greenwood County.” It’s clear that everyone involved sees this as more than just bricks and mortar; it’s about creating a community environment that’s welcoming and full of potential.

A Staggering Undertaking

The sheer scale of this project means it won’t happen overnight. Construction will progress in phases over the next decade, with the initial focus on refreshing the existing golf course. As of now, renovation work has already kicked off, with further phases expected to roll out starting in 2025.

County Council Chairman Chuck Moates expressed his support, highlighting the quality of life enhancements the project promises for residents. “It brings quality jobs and meaningful investment to our community while enhancing the quality of life,” Moates said.

For the Future of Greenwood

This development, primarily spearheaded by Greenwood Land Holdings, LLC, and the Front Light Building Company Development, is about more than just development—it’s about laying down a solid foundation for future generations. It’s about creating a lively destination for both locals and visitors alike.

With this in the pipeline, all eyes are on Greenwood, as it becomes a key player in boosting tourism and economic prosperity within South Carolina. As this project unfolds over the coming years, it’s surely going to be an exciting time for locals and the broader community.

Indeed, there’s a lot to look forward to, and we can’t wait to see how this transformative journey reshapes Greenwood into a vibrant spot with a thriving community.