GREENVILLE, SC - Proffitt Dixon Partners is preparing to build its first luxury apartment community in Greenville, S.C. The Charlotte-based firm plans to break ground this month on a 201-unit luxury multifamily development at 210 East Broad Street.
The five-story community will be built on 2.45 acres at the intersection of S. Church St. and East Broad Street. The location is a five-minute walk from Main Street in Greenville’s the Central Business District, which has the largest concentration of employment in the state.
“Greenville is the economic engine of South Carolina,” said Managing Principal Wyatt Dixon. “This is a great opportunity to bring the luxury apartment lifestyle to one of the country’s fastest-growing cities.”
“The area has exactly what we look for, which is a walkable area near jobs, restaurants, entertainment and greenspaces,” added Managing Principal Stuart Proffitt. “As with our other communities, we will follow green building practices, and choose energy-saving appliances and features.”
Fountains Greenville is close to Falls Park on the Reedy, Centre Stage Theater, Peace Center for the Performing Arts, the county Art Museum and private art galleries. It also has convenient access to the Swamp Rabbit Trail, a pedestrian and bike path. The community will have the type of clubhouse, courtyards, pool and fitness facility that residents of a luxurious new property would expect. A Publix grocery store is just one block away.
The developers will follow guidelines established by the National Association of Home Builder’s (NAHB) Green Building Program. The Housing Studio is the architect, and the general contractor is Creative Builders Group.
The new development indicates significant momentum for Proffitt Dixon. The firm now has 938 units under construction in the Carolinas and Tennessee. Just last month it started construction on Fountains Germantown, a 249-unit luxury apartment community in Nashville, Tenn.
About Proffitt Dixon Partners: Proffitt Dixon Partners is a multifamily investment and development firm with a primary focus on Class-A apartment communities across the Southeast. Since 2008, the firm has closed transactions valued at more than $280 million. Throughout their careers, the partners have developed more than 5,300 multifamily units valued at greater than $800 million. Their career-long experience includes urban residential mixed-use and multifamily projects (condos and apartments) in the Carolinas, Florida, Georgia and California. The firm’s mission is to add value to the communities in which it operates by providing exceptional living experiences to residents, while delivering superior returns to its investors, partners, and clients. For more information, visit www.proffittdixon.com.