HILTON HEAD, SC-Kroger Real Estate and joint venture partner Blanchard & Calhoun Commercial began construction today on the Shelter Cove Towne Center, a $74-million mixed-use project here.
Construction began on the first phase of the project that calls for the redevelopment of the existing shopping mall into an upscale walking village encompassing 290,000 square feet of retail, restaurant space and the first Kroger Marketplace (87,588 square feet) on Hilton Head Island.
Phase two of the project will incorporate a five-acre park that will connect with the existing 12-mile trail system on Hilton Head Island. Phase three will add 210 waterfront apartments.
"We are very excited about the future and the successful opening of this amazing energy center for Hilton Head Island, which will generate millions in revenue for retailers, restaurateurs, hotels, tourist attractions, partners and the city. At the same time, creating a vital hub for people to congregate," said Michael Schlotman, CFO of The Kroger Co.
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