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Greenwood County authorizes letters and option assignments to advance industrial park deals
Summary
Council unanimously approved a letter of intent with SC Site Holdings LLC for property in the North Greenwood Industrial Park and approved assignment of option agreements tied to Hodges Corporate Park, authorizing staff to finalize documents and proceed with due diligence.
Greenwood County Council on May 19 approved two economic development actions intended to move stalled industrial property into active due diligence.
Economic Development Director James Bateman presented a letter of intent from South Carolina Site Holdings LLC seeking control of multiple parcels at the back of North Greenwood Industrial Park. Bateman told the council the county has marketed that property since 2015 and this is the first offer in about 11 years; he asked council to approve the updated letter of intent and authorize the county manager and county attorney to finalize details.
On a related item, staff presented an agreement to assign option agreements and purchase rights that the county holds for parcels marketed as Hodges Corporate Park; the assignment would put those option rights in the hands of Patriot Land Holdings LLC to enable due diligence for proposed industrial development. Bateman said there had been an immaterial change to the agreement since the packet was issued and provided an updated copy at the dais.
There was no public opposition or speakers on either item. Council voted unanimously to approve the letter of intent and the assignment agreement and authorized the county manager and county attorney to complete final execution. Bateman said the approvals provide the control necessary to begin diligence and studies to determine viability of industrial development on the identified TMS parcels.
Council members stressed that the approvals authorize staff to proceed with due diligence rather than finalize sales; any firm purchase and development steps would return to council for further approvals. The actions were recorded as unanimous in the meeting minutes.
