黑料社入口

A Longs-area industrial park that currently serves Amazon and Pepsi distributors plans to expand with a 60-acre acquisition, offering more space for industries to step into Horry County.

Palmetto Coast Industrial Park last week celebrated the completion of its third and largest building of 178,000 square feet and announced proposals for a 253,000-square-foot building and two 154,000-square-foot buildings on the newly purchased 60 acres.

Sandy Davis, president and CEO of Myrtle Beach Regional Economic Development, said they have been looking for a way to use the land on Water Tower Road for more than 10 years.

She said both Pepsi and Amazon would not have relocated to Horry County if the buildings had not existed and Chris Norvell, Principal of Edgewater Ventures, was the one willing to take the risk about four years ago.

鈥淪ome people would do it, but they really want a tenant before they will build the building. And Chris knew the growth that we had here and he wasn鈥檛 scared to take on a project like this, so it has really helped a lot,鈥� Davis said.

The industrial park is located by S.C. 31, S.C. 22 and U.S. 17 on Water Tower Road, making it a viable option for industrial and distribution oriented users.

Business

Pepsi distributor moving to new North Myrtle Beach commerce park

• By Charles D. Perry charles.perry@myhorrynews.com

Adam Cates, senior advisor for Trade Commercial and real estate broker for the project, said Pepsi was going to move operations to North Carolina from its Conway location, but decided to stay in the area.聽

The facility for Pepsi was built for use, but the building now used by Amazon was built speculatively and Davis secured Amazon as a tenant.

A celebration for PCIP's third and largest 178,000-square-foot facility and plans for growth was May 1.

鈥淓DC wanted to highlight opportunities for anyone looking in from outside and also like to highlight the successes of people that have chosen to take that calculated risk to make something happen in our community, and Edgewater took that risk,鈥� Cates said.

Davis said Edgewater Ventures originally planned a total of four buildings on 69 acres, but with the success thus far, plans for seven buildings across 130 acres are on the drawing board.

PCIP purchased 60 acres from 黑料社入口 Land & Timber for $7.7 million on March 5, according to Horry Count land records.

In addition to taxes paid to Horry County and the state for the approximate $22 million new building, industrial parks like these will continue to generate a tax base and create jobs.

鈥淚 mean nothing against residential development, but when you go build residential or multi-family, it creates a tax base, but it really creates a need for more infrastructure," Norvell said. "The more people, the more schools, the more roads, the more hospitals- everything that costs the county money. These [buildings] are generally generators of tax base rather than drainers."

The building can accommodate tenants as small as 20,000 square feet and as large as the entire building.

鈥淲e can lease it to a single tenant like we did with Amazon, but we can also put dividing walls in and lease it to separate tenants, which seems the way this is likely going. We鈥檝e had a lot of activity on it. We haven鈥檛 signed any leases yet, but we鈥檝e had a lot of interest,鈥� Norvell said.

Pepsi's building kept 146 jobs in Horry County and created 27 new positions in 2023. The Amazon facility brought 100 jobs to the area.

鈥淭hat鈥檚 another thing, we are creating jobs and they鈥檙e higher paying jobs,鈥� former county councilman Lazarus said. 鈥淭he bottom line to all this is to create jobs and that鈥檚 what we鈥檙e doing.鈥�