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Why should the
Miniature World of Trains(TM)
be located in Greenville, South Carolina?

Project Location Information

The Project will be located as close to downtown Greenville, SC as possible with easy access to I85 and I385.

Demographics

The Greenville MSA is the most populated region in South Carolina with more than 1.2 million residents, with an annual growth rate of 10 percent from 2000 to 2007.

Greenville was included in America's 50 hottest cities per Expansion Managements survey of national site consultants.

Highest level of foreign capital investment per capita in the nation and rated as a top area for European expansion in the United States, as recognized by the New York Times, USA Today and Business Week.

Greenville has attracted more than $6 Billion in new business investment and 43,000 new jobs during the past decade alone. To that point, BMW recently announced a $750 million infusion to its Greenville operation.

4.8 million people visit Greenville annually and spend more than $780 million.

  MSA County 25 Mile 15 Mile 5 Mile

Population

1,321,980

456,675

806,388

503,368

151,256

Households (HH)

503,933

166,706

320,798

201,567

63,608

Avg HH Income

$55,970

$63,626

$58,950

$62,373

$72,576

Regional Map



Traffic Count

MWOT will be strategically located near Interstate 85, the busiest interstate in the
South, Interstate 385 and Woodruff Road.
I-385 - 86,000 Vehicles per Day (VPD)
I-85 North of 385 - 110,800 VPD 
 I-85 South of 385 - 97,400 VPD

Area Economic Development

Greenville is recognized as the economic center of South Carolina. It boasts the highest level of foreign capital investment per capita in the nation with more than 240 international firms from 23 nations located in Greenville including BMW, Protera, Michelin, Hubbell Lighting and many more.

Greenville County also serves as the retail hub of the Upstate with more than $12.9 billion in retail sales annually and a 26% growth over the last five years.

The Greenville-Spartanburg-Anderson MSA was ranked seventh among all MSA's by site consultants considering the top markets for economic development in the millennium.

Several major economic development projects are now underway within a three-mile radius of MWOT along Greenville's Power Corridor.

Verdae Development

The 1,100-acre, mixed-use community is being developed by Verdae Properties and Verdae Development, Inc., and is bordered by I-85, Woodruff Road and Laurens Road. The Master Plan for this mixed-use community has been completed and calls for residential (single family, multi-family, and senior living), office, commercial, retail, hospitality and civic projects as well as its own Town Center and associated recreational amenities. Upon completion, Verdae will have more than 8,000 residences, 500 businesses and support approximately 15,000 jobs.

www.verdaedevelopment.com


CU-ICAR 

The Clemson University International Center for Automotive Research (CU-ICAR) will establish the area as the new center of the motorsport industry. This premier Automotive and Motorsport Research Center will offer training and advanced degrees in automotive engineering and motorsport technology, and create approximately 20,000 high-paying jobs. 
www.cuicar.com

Millennium Campus

Adjacent to the CU-ICAR. The Millennium Campus will soon serve as the headquarters for Hubbell Lighting, a major manufacturer of lighting equipment, and other Fortune 500 companies such as Microsoft will have a presence there. 

www.millenniumcampus.com


Lifestyle

With companies and residents from all over the world, Greenville offers a cosmopolitan lifestyle with international influence. As the cultural and entertainment center for the Upstate, Greenville features an award-winning downtown, a major performing arts center, a 17,000-seat arena, a 368,000-square foot exhibition center, nationally recognized museum collections, and 39 parks, playgrounds and recreation centers. Rated the 19th best housing market for 2010 by Builder magazine, Greenville continues to enjoy a steady flow of new residents, leading to its diverse population and increasingly global flavor.

Greenville News: Greenville makes list of Top 20 housing market

The Greenville-Mauldin-Easley metropolitan area is expected to be one of the nation's "front-runners" in the housing recovery this year.  Builder magazine's online version ranked the Greenville-Mauldin-Easley metropolitan statistical area 19 in its listing of top 20 healthiest markets in the nation for 2010. Greenville was cited for, among other things, affordable housing, strong population growth and its position on Interstate 85 between Atlanta and Charlotte.  Nick Sabatine, chief executive officer of the Greater Greenville Association of Realtors, said the article states what people in Greenville have already known but what other areas are now finding out.  "This is a healthy housing market," Sabatine said. "We didn't have the tremendous declines that other markets had, so we've been pretty healthy all along. We just remind everyone that it's going to be a slow, steady recovery, but it's going to recover." Micheal Dey, executive vice president of the Home Builders Association of Greenville, said he would like the region to be in the top 10, but the ranking at 19 "tells me we still have some challenges we' re being faced with in the Greenville market, compared to some of the other markets in the Carolinas."  Dey said the report also shows that Greenville didn't have runaway value appreciation and has been a relatively stable marketplace. "We certainly built more houses than the market was demanding for a while, but compared to some of the other markets in the country, we were very conservative here," he said. "The marketplace has absorbed the product here relatively quickly, which is good news.
"

Building permits from the first quarter of 2012 where up and one of the factors the magazine used for its ranking.  Greenville had a 13 percent increase in total building permit activity in the fourth quarter of 2009, the article said.  The Greenville-Mauldin-Easley area had 1,591 building permits in 2009, the article said. It is forecast to grow to 1,918 this year.  Bob Mihalic, spokesman for Greenville County, said while there has been some improvement in county building permits during the first two months of this year, "it usually takes a couple more months of growth to truly indicate that there's some positive news out there."  The Greenville-Mauldin-Easley area was one of seven "relatively hot markets"
 in the Carolinas that accounted for seven of the magazine's top 20 listings. The Myrtle Beach-North Myrtle Beach-Conway area ranked 15 on the list, while the Charleston-North Charleston-Summerville area came in at fifth.  Mark Nix, executive officer of the Home Builders of South Carolina, said Charleston has done a very good job at bringing jobs to the market, especially with the new Boeing plant and its ripple effects.  Nix said Myrtle Beach, a "mecca"
 for tourism, is continuing to attract a lot of new residents from other parts of the country. He said getting people happy and thriving in South Carolina is tied to jobs, quality of life and affordable housing.  Builder magazine'
s market research arm, Hanley Wood Market Intelligence, expects employment in Greenville to show a 1.1% gain in total employment this year.

Old Greenville Mall Property has become Magnolia Park Town Center

Located on Woodruff Road near Interstates 85 and 385, Magnolia Park totals approximately 700,000 square feet of retail space. Anchors include Regal Cinemas, The Sports Authority, Costco Wholesale Club, Bed Bath & Beyond, the Christmas Tree Shop, Shoe Carnival, Cheddars Restaurant, Room's to Go and Old Navy. Magnolia Park is an excellent location and Greenville is a very good market, says Jeff Seaman, CEO of Rooms To Go.

Dave and Busters and Cabella's

August 17, 2012 - Local news announced that Dave and Busters will
 locate at Magnolia Park.

Also, Cabella's announced it was moving the 100,000sf from Montgomery Wards building
and taken over the 40,000sf Sports Authority location as well.

These businesses are located in Magnolia Park and are thriving.

Revitalization of the area

While the "motor mile" along Laurens Rd/US 276 as well as Haywood Rd are two of the area's in Greenville that have seen business' moving from these corridor's when the concept was developed in 2010, the the last several year's have seen an increase and revitalization is these areas with a great resurgence. While this area was considered dying back in 2010 is not dead and favorable retail location at this time. Thus the plan to locate MWOT along the either section of Haywood Rd from I385 or Laurens Rd from I85 to the confluence where they meet. A very viable and accessible area with several options for the project. It makes perfect sense to locate the project in this area and will aid the city and the county in helping the area's economy.

To lease or build, these are the locations are the best for the new Miniature World of Trains
(TM).

Frank Ruby
(c) 2012
revised 02/19/17 and revised 03/06/17

 

 

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