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South Street Partners reports rising prices, new amenities and road work at Palmetto Bluff

2833319 · January 14, 2025
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Summary

Will Howard of South Street Partners gave the council an annual update on Palmetto Bluff development, citing $384 million in 2024 sales, 1,153 certificates of occupancy, new golf course and planned road and utility work to support Anson Marina and Crossroads amenities.

Will Howard, representing South Street Partners, told the Bluffton Town Council that 2024 was a strong year for Palmetto Bluff and outlined near‑term construction and amenity plans tied to the development agreement.

Howard said total sales volume for Palmetto Bluff in 2024 was about $384 million, driven primarily by resale homes. He reported 1,153 certificates of occupancy (COs) to date and roughly 380 additional homes either under construction or in review against permitted rights for 4,000 total homes under the development agreement. "We are a little over 25% there," he said when asked about buildout progress.

Howard described upcoming projects including Block I (about 60 lots, some with a short‑term rental component), Blocks M6/M7 (about 36 lots in permitting, many with golf and inland‑waterway access), and long‑term Crossroads amenities — a central area proposed to host fitness, pool, athletic fields and family recreation. He said construction will start next month on the initial phases of the road to Anson that will bring permanent water and sewer to the Anson Marina; the full road is a multi‑year effort Howard estimated could finish in 2027.

Howard also discussed the Crossroads 9‑hole reversible golf course and a larger Hansen course being built with noted designers; he said the short‑term rental option is available to owners in areas that allow it and that owners often use VRBO/Airbnb or management companies, and some contract with Montage to operate rentals.

Councilmembers asked about how short‑term rentals would be governed and how many units remain to be built; Howard and a town staff member clarified entitlement numbers and said staff estimates about 5,000 total units remain to be permitted townwide when accounting for other areas. No formal action was taken — this was an information update required by the Palmetto Bluff development agreement.