GRASSY CREEK

Subdivision Entrance at Shoals Drive and Seacoast Parkway, Mt Pleasant, SC (2001 to 2004)
•    Bought 234 acres along I-526 between Long Point Rd and Wando River
•    Entitled for mixed use and sold parcels for multifamily, office, townhomes and Seacoast Church
•    Developed 70 acres as 134 SF lot subdivision with marsh front and interior lots
•    Community amenities included dock, pavilion and pocket parks
•    Carolina One put together group of custom builders to take down lots and sold homes for builders
•    Sold 102 lots in last 12 months ending September 2004 for average price of $110,000 per lot