A portion of Main Street in downtown Greenville will be taking on a new look. Plans were unveiled this afternoon on a $100 million development to be built on the site of the old Woolworth’s store at the corner of Main and Washington streets.
The development, which will be called “One”, will be built in two phases. The first phase will be the corporate home of CertusBank. It will also include women’s clothing retailer Anthropologie and the law firm Haynesworth, Sinkler and Boyd.
Developer Bob Hughes said he hopes those businesses will attract others.
It’s great when you can start a project, especially in these economic times, with enough economic strength where you know you’ve got the staying power.
CertusBank is an Easley-based subsidiary of Blue Ridge Holdings, Inc that is run by former Wachovia and Bank of America executives. It has emerged in the past year by purchasing the assets of several banks that were closed by the FDIC, including CommunitySouth in Easley, and stitching them together. It purchased the assets of two failed Georgia banks last week.
The first phase of the project will be nine stories while the second phase will be 7 to 11 stories. Construction on the project is set to begin in July. The overall facility would be 350,000 square feet.
On hand for the announcement was Governor Nikki Haley, who said the addition of the building was more good news for the city.
It’s a great sign that Main Street Greenville is becoming a magnet for young people, for older people, for retirees, and for companies. Greenville is doing something right. We’re going to keep helping them do it.
Greenville mayor Knox White said the new bank helps expand the city’s business presence.
This downtown is wonderful. It has an arts center, it has an entertainment center. It’s a place to be and a place to be proud of, but it needs to be a serious place of business, as well. This is our chance to keep Greenville the premier business and commerce center of South Carolina.