The Greer City Council gave its final stamp of approval for a contract to sell nearly five acres of city-owned land for $1.9 million.
Meridian Property Purchaser LLC, the buyer, plans to combine the acres with other land, clear the property of any park structures, and build a 220-unit multifamily residential community on a total of 8.5 acres, according to the city of Greer.
The 4.9 acres of city-owned land is located at 108 S. Line St. in downtown Greer. It is home to Victor Park, which features a gym with a basketball court and a baseball field.
The planned development also will include two ponds, a pool, a dog park and a dog wash area, according to a city official.
As part of the plans to sell the property, the City Council also approved a resolution to enter into an agreement with the South Carolina Department of Parks, Recreation and Tourism to release the deed restrictions on Victor Park, which would allow for the property to be used for non-recreational purposes.
The city will commit funds to improve Turner Park, which is located at 10 Virginia Ave., as part of the agreement. The council’s approval includes a 300-day period of due diligence and requires that a minimum of one-half of the $1.9 million selling price go toward improvements to include a new softball field at Turner Park, the city of Greer said.
SC Biz News attempted to reach Greer Mayor Rick Danner via phone regarding the sale on Monday morning but was unable to reach him.o