165 Acre Complex Sold in Downtown Columbia SC

By
Real Estate Agent with Russell & Jeffcoat Real Estate Corp.

Columbia SC     Real estate developer Bob Hughes has received final approval to purchase the 165 acre State Mental Hospital complex in downtown Columbia.  This is one of the largest land sales to ever occur inside the city limits.

The State Budget and Control Board approved the $15 Million sale this week.  Plans are to sell the property in small parcels to independent developers.  A 2005 design for the property consists of close to one million feet of retail and office space and more than 1,200 homes to be built.

165 Acre Complex Sold in Downtown Columbia SC

Columbia SC Real Estate & Business Report

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