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EDC update: Commerce Park LOI for 48,000‑sq‑ft investment; Glass Works building remains largely vacant
Summary
Beaufort County EDC director updated the committee on multiple county development projects, saying a group has submitted a letter of intent for a 48,000‑sq‑ft Commerce Park building valued at $7.6M and reaffirming continued marketing of the nearly 84,000‑sq‑ft Glass Works building, which is reported vacant.
Beaufort County Economic Development Corporation Executive Director Mr. Oul gave a quarterly update at the April 20 committee meeting, reporting active site work and multiple projects in negotiation.
He said a development group submitted a letter of intent for lot B in the Commerce Park that could total about $7.6 million and roughly 48,000 square feet. The director said the EDC is also working with a New York State company on an industrial pad and continues…
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