Providence in Conway: Centex plans up to 4,000 homes
Centex is proposing a 680-acre development with up to 4,000 housing units ~ the community of Providence ~ off U.S. 701 on Pitch Landing Road.
The proposed Providence development would include affordable housing, townhomes, condos and upscale custom built homes.
The project would include single-family homes and condos, a golf course, other amenities and commercial development at the front of the property, which would be developed by other companies.
City officials estimated that if there were three people per household, the city’s population would grow by 12,000 once the new community is completed, which could take up to 15 years.
If 3,500 housing units were built and annexed into the city, at an average value of $250,000, it could mean a $3.2 million boost to city tax revenue and about $4.8 million to the school district.
Officials hope to annex the development into the city, and developers offered to donate 36 acres in it to the city for public safety and school development.
Source: Tonya Root, The Sun News, Myrtle Beach, SC