Major mixed-use development investment announced in Greenwood County
December 4, 2024
On December 3, Greenwood County Council approved economic development incentives for Olde Eight Development, a gravitational mixed-use project in Greenwood County. Led by Greenwood Land Holdings, LLC, the development will harmonize residential neighborhoods and commercial components, including state-of-the-art golf facilities. This initiative is poised to be a significant economic catalyst for Greenwood County and golf tourism for the State of South Carolina.
“This project is monumental for Greenwood County,” said Dr. Chuck Moates, Chair of Greenwood County Council. “It brings quality jobs and meaningful investment to our community while enhancing the quality of life for our residents. Its innovative design and amenities will benefit us today and lay a solid foundation for the future. We’re proud to support a development that will create lasting prosperity and positive impact on the vibrancy of our region.”
Olde Eight Development represents a transformative $400 million investment in Greenwood County, set to create 103 full-time jobs. The development will feature hundreds of residential units, including single-family homes, multi-family residences, and townhomes. Complementing the residential offerings will be an array of amenities: nature trails, green spaces, commercial and conference areas, a full golf course, a par-3 course with practice facilities, restaurants, a wellness center, a marina, and a neighborhood general store accessible to the public. Alongside Greenwood Land Holdings, LLC, Front Light Building Company (FLBC) Development will lead the partnership on the construction and development of the property.
“We couldn’t be more thrilled to bring this transformative investment to Greenwood County,” said Mitch Kovitz, Managing Member of Greenwood Land Holdings, LLC. “Our vision is to create a vibrant destination that fosters community, opens doors for new businesses, and draws visitors from across the nation. This is just the beginning of an exciting journey for Greenwood County.”
With a multi-year phased development schedule, Olde Eight will not only provide residential and recreational opportunities for Greenwood residents but also position Greenwood as a premier destination for corporate retreats, meetings and golf-centered vacations.
About Olde Eight Development
Olde Eight Development is a master-planned, mixed-use development on Lake Greenwood, combining modern residential living, world-class golf facilities, and commercial spaces. Designed to attract both locals and visitors, the project will foster economic growth and solidify Greenwood County as the choice location for golf, golf instruction, leisure, and lakeside work and life.
