13th Floor Investments has broken ground on “Venture on the Trail” – a 222-unit garden-style multifamily community in Greenville, South Carolina. Located at 301 Alston Street, the development marks the first phase of 13th Floor’s “On the Trail” mixed-use development slated to rise on 250 acres. CIBC provided $47 million in construction financing to kick-start the project’s development, which is now under construction and slated for completion in 2027. 

Apartments at Venture on the Trail will range from studios- to three-bedroom units measuring between 600 and 1,350 square feet in size.

Community amenities will include a standalone clubhouse, a resort-style pool, two pickleball courts, co-working spaces, an expansive fitness center, and an oversized bike room, with the standout amenity being direct access to the Swamp Rabbit Trail. 

The “On the Trail” property is entitled to accommodate a mix of residential, commercial, retail, and hospitality uses, with future phases currently in planning.

EnerSys selected Greenville, SC to develop a lithium-ion cell gigafactory to advance battery production in the United States. EnerSys has applied for a comprehensive incentive package through South Carolina and Greenville County valued at approximately $200 million, including short-term and long-term incentives. The Company intends to use a portion of these proceeds, along with the Inflation Reduction Act (IRA) tax benefits and potential additional federal funding, to make a $500 million investment with the potential to create 500 high-quality new jobs.

EnerSys is evaluating the development of a 500,000-square-foot manufacturing facility on approximately 140 acres in the Augusta Grove business park in Greenville. The operation would manufacture various form factors of lithium-ion cells for commercial, industrial and defense applications, with a production capacity of four-gigawatt hours (GWh) per year. It would be the company’s second factory in the area.

The company is targeting construction to begin in early 2025 and operations to be online in late 2027.

There’s still time to register for the Connect Industrial Midwest 2024 event on March 5 at Joe’s Live in Rosemont, Illinois. Click here for more information and to sign up.