Greenville Transit Maintenance Facility redevelopment.

[gman430]

Only one bid was received and it was from Parkway Corporation for a total of $10,679,000 which is more than the $10,405,000 that was minimum required.

Looks like they have done some pretty big projects especially in Philadelphia so I am definitely not disappointed in them being the only bid: https://www.parkwaycorp.com/portfolio

Edited November 1, 2023 by gman430

[GvilleSC]

I find it interesting that no one else felt compelled to submit a bid for this site. How does this number compare to similar sized land purchases, or break down in comparison on a $/SF basis? 

[apaladin]

Where is this located. Augusta St. near Fluor Field? 

[vicupstate]

19 minutes ago, apaladin said:

Where is this located. Augusta St. near Fluor Field? 

Yes

[gman430]

https://www.greenvillesc.gov/DocumentCenter/View/25626/24-3859-Bid-Tab-1?bidId=370

[gman430]

Attorneys for both parties are working on terms for the transfer, said James Keel, director of the transit authority. They hope to have a draft purchase and sale agreement before the transit authority board by the end of the year, but Keel said the holidays could lead to delays: 

https://www.postandcourier.com/greenville/news/greenville-transit-authority-site-offer-philadelphia-parkway-corporation/article_f7e3ff08-7e6c-11ee-8f3f-e3206d9b4ce4.html/?tpcc=gvsocial&fbclid=IwAR06JukGsLZofniHBUF98hdE4Vca97YhamQBC-cnMUhA0tZeHrSuRuHxeo0_aem_AaU9unAsbngcH6OPV0jID5Bf1Bhc9qNIcXkWHh9duCJXDk3qlxbbWJEk3Pps52VFyC0

Edited November 13, 2023 by gman430

[gman430]

Yeesh. This on top of Main at Broad and parking lot across from McBee Station falling through. Hopefully they can find another buyer but with Parkway being the only bidder last time I don’t know if that’s going to happen:

https://upstatebusinessjournal.com/square-feet/greenville-transit-authority-property-sale-falls-through/?fbclid=IwAR3d9ke-SDd8ISGeOfk_XvtZwsaKDWC-8NzNxfjXYTNdxE6Y3qiUFbyDxPg

 

Edited January 23 by gman430

[GvilleSC]

This may be a blessing. We don't know. 

[gman430]

Welp…so much for bids being issued again.  

[gman430]

Still no RFP for this. Oh well.