The City of Greenville purchased the 6-acre site as part of the GVL2040 plan

Greenville, SC – Avison Young, a global real estate advisory firm, has successfully represented the City of Greenville in the purchase of six acres of land located at the corner of Church and Haynie Streets in Greenville, SC for the development of workforce and affordable housing. The $10.5M sale is part of the larger GVL2040 comprehensive plan set forth by local officials to shape the city’s growth and evolution over the coming years.
Avison Young Principals Rob Howell, MBA and Gary Lyons, CCIM, SIOR represented the City of Greenville in the transaction. DRS Real Estate, LLC was the seller.

“As Greenville continues to grow, the need for housing for teachers, service, and civil workers has never been higher,” said Howell. “Affordable housing was among the top three priorities delineated in the GVL2040 Plan and the city’s acquisition of this site is a step to providing this much-need housing type.”

“The City’s long term affordable housing strategy will be well served by this acquisition and we appreciate the work that our team at Avison Young did on our behalf for a successful transaction,” said Greenville City Manager, Shannon Lavrin. “With this purchase, we can fulfill the GVL2040 commitment to open space and mobility as well and apply the principles of a recently adopted neighborhood plan for Haynie-Sirrine by creating a buffer between residential and commercial areas and developing safe paths for residents to walk and bike.”

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