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S.A.L.T breaks ground Nov. 14 in Hardeeville bringing 550 jobs at full buildout
S.A.L.T breaks ground Nov. 14 in Hardeeville with a $200 million investment, bringing 550 jobs at full buildout
Ground was broken at a new 880-acrew economic development site in Hardeeville during a ceremony Thursday, Nov. 14.
North Point Development, in partnership with CrossHarbor Capital Partners, are responsible for the new site. The land will provide up to six million square feet of warehouse and industrial space. Phase one of the project represents $200 million in capital investment and is expected to generate more than 550 jobs at full buildout, according to the SouthernCarolina Regional Development Alliance.
North Point Development is based in Savannah, Ga and had offices in Charleston and Raleigh, NC, offering end-to-end real estate and development solutions. CrossHarbor Capital Partners is based in Boston and has been in operation for over 30 years. It is a leading real estate investment manager offering a multi-strategy investment platform providing investors with broad access to opportunities across property types, geographies, and capital structure.
Construction on the master infrastructure for the site is estimated for completion in October of next year, officials said.
“The South Atlantic Logistics Terminal [SALT] site is strategically located along I-95 and I-17 with immediate access to entire Eastern Seaboard, and is 15 minutes from the Port of Savannah,” a SouthernCarolina Regional Development Alliance news release said. “Bolstered by the continued growth at the Georgia Port Authority and the growing labor pool in the region, SALT is poised to catalyze future growth in the corridor.”
Hardeeville Mayor Harry WIlliams said the South Atlantic Logistics Terminal would forever change, in a positive way, the landscape of Highway 17 in Jasper County and Hardeeville.
“This critical corridor running parallel to I95 between Exit 5 and the new Exit 3 will be known as the road to success for hundreds of the region’s workforce who are looking to achieve a higher quality of life with good paying jobs heretofore unavailable in this part of the state,” Williams said. “It will also be a valuable source of new funding for our schools who are looking to attract the best teachers in the state.”
JH Hiers was selected by NorthPoint as the local contractor for the master infrastructure work to include the roadways, stormwater retention and the sewer system that will serve the project. JH Hiers is a construction company which has offices located in Beaufort, Charleston and Walterboro. Officials said the new site will also be served by a new regional water line.
“Working with the state, the project was submitted for federal funding from a grant program promoting rural water and sewer projects,” a SouthernCarolina Regional Development Alliance news release said. “Using the roughly $8M in State grant funding, Beaufort Jasper Water & Sewer Authority have also engaged JH Hiers to construct and install the regional waterline project.”
In addition to the strong connectivity, SouthernCarolina Regional Development Alliance, who works with companies on projects which includes this one, said the location benefits from access to a skilled workforce of more than 400,000 within a 60-mile radius. The alliance said the site will benefit from strong workforce development programs in the region including South Carolina’s renowned readySC worker training.
Marty Sauls, who serves both as Jasper County Council Chairman and Southern Carolina Alliance Chairman, recognized the importance of the new project and its importance to the future of those living in and around Jasper County.
“It is encouraging to see this type of investment that will play a pivotal role in attracting future investment in this corridor,” Sauls said. “Sites like this one will create more opportunity and bring high-quality jobs for the hard-working citizens of South Carolina. I am thankful to our partners at NorthPoint Development as well as Jasper County and the City of Hardeeville for their support on this important project.”
Mark Hall, Principal of NorthPoint Development said they were grateful for the support of the City of Hardeeville, Jasper County and the South Carolina Legislative Delegation for their assistance and support of the project.
“We are especially grateful for our continued partnership with the SouthernCarolina Regional Development Alliance to develop this important project,” Hall said.
Danny Black, President and CEO of SouthernCarolina Alliance, said the project was made possible through the South Carolina Infrastructure Investment Program, which awarded the region an important grant.
“We are fortunate to have great partners at the state and at the Beaufort Jasper Water and Sewer Authority that recognize the critical role infrastructure plays in economic development and for the future of our region,” Black said.
SouthernCarolina Alliance (SCA) has been in operation for 28 years and is the regional nonprofit economic development organization representing Jasper, Beaufort, Hampton, Colleton, Bamberg, Barnwell and Allendale Counties in South Carolina.
The organization works with public and private partners at the local, state and federal level to bring economic development projects to fruition through marketing, industrial recruitment and product development. The organization said it has been instrumental in the announcement of $2.664 billion in private capital investment and more than 9,880 jobs.