69 Acres of Grand Strand Up for Grabs as Mixed-Use Project

MYRTLE BEACH, SC-The Myrtle Beach Air Force Base Redevelopment Authority is selling 69 acres of its holding. The asking price is $160,000 an acre or $11 million.

Phil Barry, senior vice president in Atlanta for Grubb & Ellis Co., is marketing the former Myrtle Beach Air Force Base, closed in 1983. He said the authority will choose a buyer based on a combination of factors: offer price, type of developer and conceptual plan.

The redevelopment authority developed a conceptual plan for the property. South Park Village is designed as a mixed-use community with housing, open space, retail and office and light commercial space. The project would be a joint effort between the eventual development team and the redevelopment authority.

Myrtle Beach Air Force Base lies at the geographic center of South Carolina’s Grand Strand, an area with 60 miles of ocean coastline and more than 115 golf courses. The Grand Strand attracts 13.7 million visitors annually.

Some of the base’s original 3,800 acres have been developed, Barry said. Zoning for South Park Village has been approved and more than $25 million of new infrastructure is under construction, including sewers, 29 acres of lakes and parks and four miles of roads. “We’re now just trying to complete the puzzle, the urban village in the heart of it,” Barry said. Grubb & Ellis has set March 15 as a tentative offer deadline, Barry said.