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Project One breaks ground Friday

Staff Report
Published Sept. 22, 2011

Project One will break ground Friday on the 185,000-square-foot, nine-story building that will house the CertusBank headquarters, the retailer Anthropologie and the law firm of Haynsworth, Sinkler, Boyd P.A.

The Hughes Development Corp. and CertusBank will host the groundbreaking at 1:30 p.m. at the demolished Woolworth building at Main and Washington streets in downtown Greenville adjacent to Piazza Bergamo.

Piazza Bergamo 007The $100 million project is set to open in the third quarter or early fourth quarter of 2012, with the retailer opening in 2013.

The CertusBank executive team; S.C. Commerce Secretary Bobby Hitt; Greenville County Council Chairman and Greenville Area Development Corp. Director Butch Kirven; Greenville Mayor Knox White; Hughes Development Corp. President Bob Hughes; and Don Sellers of Haynsworth Sinkler Boyd will attend.

CertusBank plans to employ 350 people in downtown Greenville. It is a subsidiary of the Charlotte investment group Blue Ridge Holdings Inc. CertusBank is a $1.8 billion financial institution with 32 branches in South Carolina, Georgia and Florida.

The company acquired the failed CommunitySouth Bank and Trust of Easley in January in a transaction assisted by the FDIC. Bank executives have said CertusBank aims to become a $5 billion institution in two years. The bank acquired two failed banks in Georgia in May.

The development’s retail component, Anthropologie, offers women’s clothing, shoes, accessories and home decor. Anthropologie first opened in 1992 in Wayne, Pa. There are now more than 100 stores nationwide.

Anne Ellefson, Haynsworth Sinkler Boyd managing director, said 100 people will move from the firm’s current law office on Beattie Place into the new development.

Hughes said the second phase of the development will involve up to 11 stories and an additional 200,000-square-foot space for more offices or potentially a hotel. The development has potential space for other retailers in the future, he said.

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