A Birmingham commercial real estate company will build a large apartment development in Greenville, South Carolina.
Daniel Corp. said it has closed on an 11-acre site in Greenville on which it will break ground on Legacy Haywood, a 244-unit multifamily community. Financial terms of the deal were not disclosed.
“Our team is thrilled to begin work on another apartment community in Greenville,” said Justin Weintraub, executive vice president of Daniel. “Fueled by a dynamic employment base, world-class culinary scene and unrivaled natural amenities, we look forward to delivering another luxury community to one of the Southeast’s most vibrant markets.”
The project is expected to be complete in spring 2019.
The project has special significance for Daniel, as it is located adjacent to offices for Fluor Enterprises Inc. The development company traces its history to a legacy company called Fluor Daniel Enterprises in Greenville.
Legacy Haywood will have one-bedroom, two-bedroom and three-bedroom units with high-end finishes and amenities like a resort-style pool with a sundeck, outdoor fireplace with lounge seating, pet spa and park, coffee bar/internet lounge with Apple workstations, state-of-the-art cardio and weight training center, and detached garages, according to information from Daniel.
The development is located near large employers in the Greenville area near the Interstate 85 and 385 corridor.
Wakefield Beasley & Associates is the architect, CF Evans is the general contractor, Mesa Capital Partners is the equity partner and construction financing was provided by Synovus Bank.
Daniel previously developed a community called Haywood Reserve in Greenville in 2016 that it has since sold.
Daniel is one of the largest commercial real estate firms in Birmingham, and has a vast portfolio of developments and investments across the Southeast.