{"id":185,"date":"2014-10-02T06:46:52","date_gmt":"2014-10-02T06:46:52","guid":{"rendered":"http:\/\/www.spencerhines.com.php56-6.ord1-1.websitetestlink.com\/blog\/?p=185"},"modified":"2016-12-20T06:47:46","modified_gmt":"2016-12-20T06:47:46","slug":"spartanburgs-downtown-area-boosts-local-commercial-real-estate-market-2","status":"publish","type":"post","link":"https:\/\/www.spencerhines.com\/blog\/spartanburgs-downtown-area-boosts-local-commercial-real-estate-market-2\/","title":{"rendered":"Spartanburgs Downtown Area Boosts Local Commercial Real Estate Market"},"content":{"rendered":"<p><!-- [if gte mso 9]><xml>\n<o:OfficeDocumentSettings>\n<o:AllowPNG\/>\n<\/o:OfficeDocumentSettings>\n<\/xml><![endif]--> <!-- [if gte mso 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\/>\n<\/style>\n\n<![endif]--> <!--StartFragment--><\/p>\n<p class=\"MsoNormal\">Downtown Spartanburg is seeing a resurgence of retail, office and residential real estate.\u00a0 In fact our reports show that 20 new businesses opened in downtown Spartanburg in 2013.<\/p>\n<p class=\"MsoNormal\"><b>More Jobs Coming to Spartanburg<br \/>\n<\/b><span style=\"font-family: 'Times New Roman'; font-size: 12px;\">With this resurgence in downtown Spartanburg, jobs have also become more prevalent.\u00a0 The Spartanburg Economic Futures Group reports that the area has seen over 5,900 jobs created since 2009.\u00a0<\/span><\/p>\n<p class=\"MsoNormal\"><b>Spartanburg Commercial Real Estate<\/b><br \/>\nThe county of Spartanburg has four new industrial projects that are either under construction or being designed.\u00a0 These projects are all being funded by private developers who are obviously bullish on Spartanburg commercial real estate.\u00a0 This is good news for the residents of Spartanburg as more commercial real estate often means more jobs in the future.<\/p>\n<p class=\"MsoNormal\"><b>New Restaurants in Downtown Spartanburg<br \/>\n<\/b><span style=\"font-family: 'Times New Roman'; font-size: 12px;\">Spartanburg has seen a spike in new restaurants opening downtown thanks to the revitalization of commercial real estate in the area.\u00a0 Some of the restaurants that you should check out if you haven\u2019t already include:<\/span><\/p>\n<ul>\n<li><span style=\"font-family: Symbol; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol;\"><span style=\"font-size: 7pt; font-family: 'Times New Roman';\">\u00a0<\/span><\/span><!--[endif]--><b>The Speakeasy \u2013<\/b> The owner of Cribb\u2019s Kitchen opened this bar as a throw back to the 1920s era.\u00a0 Sample cocktails from the Prohibition-era.<\/li>\n<li><span style=\"font-family: Symbol; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol;\"><span style=\"font-size: 7pt; font-family: 'Times New Roman';\">\u00a0<\/span><\/span><!--[endif]--><b><a href=\"http:\/\/willytaco.com\/\">Willy Taco<\/a> \u2013<\/b> A new Mexican restaurant located on Main Street.<\/li>\n<li><span style=\"font-family: Symbol; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol;\"><span style=\"font-size: 7pt; font-family: 'Times New Roman';\">\u00a0<\/span><\/span><!--[endif]--><b><a href=\"http:\/\/www.thewildace.com\/index.html\">Wild Ace Pizza and Pub<\/a> \u2013<\/b> This is the company\u2019s second location and is in Morgan Square (the first location is in Greer).<\/li>\n<li><span style=\"font-family: Symbol; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol;\"><span style=\"font-size: 7pt; font-family: 'Times New Roman';\">\u00a0<\/span><\/span><!--[endif]--><b><a href=\"http:\/\/renatosc.com\/\">Renato\u2019s Italian Restaurant<\/a> \u2013<\/b> This popular Italian restaurant is looking to relocate to a larger space in downtown Spartanburg.<\/li>\n<li><span style=\"font-family: Symbol; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol;\"><span style=\"font-size: 7pt; font-family: 'Times New Roman';\">\u00a0<\/span><\/span><!--[endif]--><b><a href=\"http:\/\/dottiestoffee.com\/\">Dottie\u2019s Toffee<\/a> \u2013<\/b> This family owned confectioner recently moved into a renovated spot on Spring Street.<\/li>\n<\/ul>\n<p class=\"MsoNormal\">Be sure to check out these new restaurants as you explore all that has changed in downtown Spartanburg.<\/p>\n<p class=\"MsoNormal\"><b>Residential Real Estate in Spartanburg<br \/>\n<\/b><span style=\"font-family: 'Times New Roman'; font-size: 12px;\">With the increase in available jobs through the relocation of companies as well as the resurgence of the downtown area, Spartanburg also has a few residential real estate projects underway.<\/span><\/p>\n<ul>\n<li><b><a href=\"http:\/\/www.magnolialoftssc.com\/\">Magnolia Street Lofts<\/a> \u2013 <\/b>Is a beautiful renovation of the old Oregon Hotel, which has been transformed into 27 residential units.<\/li>\n<li><b><a href=\"http:\/\/www.schuylerplace.com\/AlbanyRegion\/SchuylerPlace.aspx\">Schuyler Building Apartments<\/a> \u2013<\/b> This 88 unit apartment complex is currently undergoing extensive renovations.<\/li>\n<li><b>314 South Townhomes \u2013<\/b> This is a new townhome development that is under construction close to the Mary Black Rail Trail.<\/li>\n<\/ul>\n<p class=\"MsoNormal\"><b>Questions about Residential or Commercial Real Estate in Spartanburg?<br \/>\n<\/b><span style=\"font-family: 'Times New Roman'; font-size: 12px;\">If you want in on some of the action that is happening in downtown Spartanburg, give the Spencer\/Hines Properties team a call today at 864-583-1001.\u00a0\u00a0 We would be happy to show you a variety of properties in the downtown Spartanburg area that will perfectly fit your commercial or residential needs.<\/span><\/p>\n<p>Photo Courtsey of <a class=\"LinksUL TextColor2\" href=\"http:\/\/www.kentoneyphoto.com\/\" target=\"_blank\">Ken Toney Photography<\/a><\/p>\n<p class=\"MsoNormal\">\n<p><!--EndFragment--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Downtown Spartanburg is seeing a resurgence of retail, office and residential real estate.\u00a0 In fact our reports show that 20 new businesses opened in downtown Spartanburg in 2013. More Jobs Coming to Spartanburg With this resurgence in downtown Spartanburg, jobs have also become more prevalent.\u00a0 The Spartanburg Economic Futures Group reports that the area has&hellip; <a class=\"more-link\" href=\"https:\/\/www.spencerhines.com\/blog\/spartanburgs-downtown-area-boosts-local-commercial-real-estate-market-2\/\">Continue reading <span class=\"screen-reader-text\">Spartanburgs Downtown Area Boosts Local Commercial Real Estate Market<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":186,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-185","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Spartanburgs Downtown Area Boosts Local Commercial Real Estate Market - Spencer Hines Commercial Real Estate Brokers for Greenville and Spartanburg<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.spencerhines.com\/blog\/spartanburgs-downtown-area-boosts-local-commercial-real-estate-market-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Spartanburgs Downtown Area Boosts Local Commercial Real Estate Market - Spencer Hines Commercial Real Estate Brokers for Greenville and Spartanburg\" \/>\n<meta property=\"og:description\" content=\"Downtown Spartanburg is seeing a resurgence of retail, office and residential real estate.\u00a0 In fact our reports show that 20 new businesses opened in downtown Spartanburg in 2013. 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