Real Estate News

Proposed Main Street sale may yield more downtown Rock Hill apartments

The corner of Dave Lyle Boulevard and East Main Street could be developed into apartments if the Rock Hill City Council approves the sale of the less-the-an-acre parcel. The council will consider the sale Monday.
The corner of Dave Lyle Boulevard and East Main Street could be developed into apartments if the Rock Hill City Council approves the sale of the less-the-an-acre parcel. The council will consider the sale Monday. dworthington@heraldonline.com

A small, less than an acre parcel at the corner of East Main Street and Dave Lyle Boulevard may become the site of apartments.

On Monday the Rock Hill City Council will consider selling the land for $525,000 to the developers Lat Purser and Associates of Charlotte and The Tuttle Co. of Rock Hill.

The two companies plan to build apartments at the former Woolworth site, now called 139 Main.

When contacted Friday, Skip Tuttle declined to comment on the pending purchase of the site at Main Street and Dave Lyle Boulevard.

According to information in the council packet, Lat Purser and The Tuttle Co. intend to build apartments at the site which is adjacent to the Black Street parking deck.

The proposed sale calls for two inspection periods for the project, one 120-day period and a 90-day period. Earnest money deposits of $5,000 and $20,000 are to accompany the respective inspection periods.

The city is assembling three smaller parcels to get the one-acre front on East Main Street. A portion of the parking lot off Dave Lyle Boulevard is included in the sale, according to a map in council’s packet.

The project meets the city’s goals of attracting and supporting residential construction in the downtown area. Attracting residents to downtown is also part of the city’s Knowledge Park economic development strategy to bring more high-tech, better-paying jobs to the city’s core.

This is the second time The Tuttle Co. has considered a development at the site. In 2003, the company and developer Tony Berry proposed the Promenade on Main, 32 condos and retail space at East Main Street and Dave Lyle Boulevard. The project was aborted in 2004. At the time Tuttle said he was “not inclined to build those units on a speculative basis,” but could come back to the project in the future.

Don Worthington •  803-329-4066

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