What
ever happened to all the 'big' talk related to The
Beach Company and its plans to acquire and develop the Cantey Bay
Plantation and the Summerton Commerce Village in Clarendon County,
S.C.
I
kept hearing about this and saw numerous news items about it, but...
Does anybody have the latest 'true' scoop on what has happened? To
be more specific -
- What ever happened to plans for the Summerton Commerce Village to be built outside the town of Summerton in Clarendon County, SC. See Summerton Commerce Village - 4e Ventures. LLC (pdf)
- What ever happened to the Beach Company's impending plans to develop 3,880 acres outside Summerton S.C. See Beach Co. outlines plans for 3,880 acres outside Summerton, SC - June 19, 2009
There
were some big
headlines
a few years ago about Beach Company plans for Cantey Bay Plantation
outside Summerton, S.C. - See
Beach
nearly done with Cantey Bay planning - Post and Courier
However,
when
I recently searched for more information on the Internet, what I
found was the following ad by The
Beach Company plans to sell
all the property they had
bought.
See
Cantey
Bay
Plantation
Some
other articles I found on the topic include:
- Unveiled Beach Company presents early Cantey Bay News from 2008 about impending plans by Beach Company Vice President of Development Kevin O’Neill
- Real Estate News - The Post and Courier about Beach Company plans re: Cantey Bay and most recent article Summerton land sold by Beach Company for $7.6 million
They are smart business folks. The sad truth is they do not see a ROI that now justifies the development. They would rather sell it than invest nore capital. Ouch! As a person that loves that area...it hurts.
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