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The Market Common, Myrtle Beach
Features

Project Description

  • The urban center for the Grand Strand including a programmed City Park, 150+ acres of lakes, walking and jogging paths, ball fields, an Olympic sized public pool and other recreation amenities
  • Multiple access points via 5-road systems including;
    • 17 By-pass
    • 17 Business
    • Farrow Parkway
    • New Connector Roadways
    • Hwy 31
  • Mature Parkland and City Center Environment
  • Over $80 million of public infrastructure completed w/ additional $250+ million approved including the completion of a new International Airport Terminal set to open in late 2007/ early 2008.

Financial Investment Summary

  • The Market Common Myrtle Beach is a $600 million dollar joint venture between McCaffery Interests/Leucadia international and the city of myrtle beach.
  • McCaffery/Luecadia will construct the $150 million dollar initial phase and make ready nearly 1,500 residential sites.
  • An additional $80 million dollars of civic funds will be spent for infrastructure and public amenities. $30 million has been spent and those improvements are completed and on site.

Access to Affluent Customers

  • Located in the Geographic Center of the Grand Strand
  • Over 418,000 people and more than 15 million tourists make up this $8 Billion Dollar Marketplace.
  • MCMB is easily accessible to both the South and North areas of affluence of the Grand Strand
  • The project is located on Farrow Parkway which is an extension of Ocean Boulevard. Farrow Parkway is the access road to and from airport and the majority of beachfront hotel rooms in Myrtle Beach
  • MCMB is within walking or bike distance to the beach on recently completed sidewalks and bike paths
  • Myrtle Beach’s 60 mile Grand Strand stretch includes affluent customers from a 35 minute drive time. They come from Conway, Georgetown County, and near the North Carolina Border

Contact McCaffery Interests For Additional Information

 

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