A new $137 million business park on I-77 is on the way in Chester County. Here’s where
A Maryland company plans to add a new 1.2 million-square-foot business park off I-77, in Chester County.
MacKenzie Investment Group will break ground at the 109-acre Interstate Business Park site on the southwest corner of I-77 and S.C. Highway 9. The site is adjacent to Giti Tire Company.
According to a release from Chester County Economic Development, planned investment is more than $137 million. The business park will be an option for distribution, logistics and light manufacturing operations.
“We believe this is where the market is going in greater Charlotte and being located right along I-77 is attractive for prospective tenants looking to avoid circuity and minimize transportation costs,” MacKenzie Investment Group founder Michael Bradley said in the release.
Exact user plans haven’t been finalized, but the square footage will include multiple buildings from 95,000 to 800,000 square feet.
Chester County interim supervisor Wylie Frederick sees benefits for new and existing businesses.
“Not only will this generate significant investment and help create good paying jobs,” Frederick said, “but it will also provide valuable warehousing and distribution opportunities for our existing companies.”
Project manager Kris Phillips with Chester County Economic Development said the business park site has been a focus because it’s the ideal location for this type of flex business project.
“With its location fronting I-77, being part of the Charlotte region, and less than an hour from Columbia, it is perfect for a business park,” Phillips said. “MacKenzie Investment Group has had a lot of success with this type of development in other markets along the east coast, and we look forward to seeing their success continue in Chester County.”
MacKenzie is a real estate investment and development firm that began in 2018.
Last year, Chester County Economic Development announced $484 million in new capital investment, creating more than 800 manufacturing jobs.
This story was originally published May 18, 2022 at 1:18 PM.
