North Myrtle Beach ~ Towers on the Grove plans move forward

The North Myrtle Beach City Council has signed off on the Planned Unit Development for Towers on the Grove, paving the way for construction of the 3.5-acre waterfront condominium project in South Carolina… the property will ultimately feature over 650 residences with an estimated sell out of $150 million.

Towers on the Grove will occupy a 3.5-acre stretch along the beach between 21st Avenue North and 23rd Avenue North, the location of the former Cherry Grove Manor.

The first phase of the project, Grove South Tower, is scheduled to get underway in February 2007. The 18-story building will feature 221 condominiums, and the second phase will feature an additional 221 units; the third leg of the project will have approximately 221 residences or slightly less.

Approximately 80 percent of Towers on the Grove’s first phase have already been sold. Phase one of Towers on the Grove is on target to reach completion in July 2008.

By Barbra Murray, Commercial Property News

For more information on “Towers on the Grove”, contact Barbara Chartier at 843-902-0204.