Construction is set to begin soon on two new industrial buildings on Zimmerman Road in Spartanburg, thanks to $28.4 million in construction financing and $12 million in joint-venture equity that has been secured by Avison Young. This financing is on behalf of RealtyLink, which plans to build two 230,000-square-foot structures on a 78-acre site located at the crossroads of interstates 26 and 85. The first phase of these projects is expected to wrap up by late 2025, while the second phase could see the development of a nearly 420,000-square-foot custom-built facility.
In another development, Spectrum has announced that it will provide internet, mobile, TV, and voice services to over 6,200 homes and small businesses in Cherokee County. This initiative is part of Spectrum’s larger $5 billion investment to enhance broadband access in rural areas across the country. The company will utilize its newly built fiber optic network to bring gigabit internet services to communities that currently lack reliable broadband.
Meanwhile, in Cherokee County, a significant industrial project known as Stateline 85 has officially broken ground. Developed by GTIS Partners and Collett Industrial, this project will consist of three buildings totaling 933,120 square feet. The construction will occur in two phases, with the first phase—comprising two buildings—anticipated to be completed by the summer of 2025. Stateline 85 is located at 212 Tribal Road, near the border of North Carolina and South Carolina, with easy access to Interstate 85.
In an effort to boost financial literacy among local students, Fifth Third Bank is taking the lead as the title sponsor of a new educational initiative linked to Spartanburg’s minor league baseball team, the Hub City Spartanburgers. Throughout the year, bank employees will work alongside team members to visit schools and teach personal finance concepts in a fun and engaging way. Additionally, Fifth Third Bank will sponsor the team’s annual education day game, inviting school groups to Fifth Third Park for an educational experience combined with entertainment. The program launched recently with a visit to Carver Middle School.
