An condominium challenge that metropolis leaders hoped would increase to its housing inventory and spur additional development together a promising strip of downtown Spartanburg has been scrapped by the developer.

The Danmor was meant to carry 30 one-bedroom flats in a five-story building to the corner of Daniel Morgan Avenue and Harris Place — a slim two-lane street among Henry and Wide streets, a brief stroll from the Hampton Heights subdivision. 

But developer Royce Camp mentioned Tuesday that he has backed out of the deal. His major issue: The abundance of new apartments currently below construction in the city, he stated. 

“I don’t know if the marketplace can maintain this right now,” he explained. “I don’t have confidence in it. They are throwing up apartments everywhere. The town is popping up 1000’s of housing units … and I really don’t feel I want to insert to that ideal now.”

Including to downtown Spartanburg’s housing inventory has been a priority for the city and OneSpartanburg, Inc. 

July report:142 Social leasing downtown Spartanburg apartments, established to open up in August

In or in the vicinity of downtown Spartanburg, in just five miles of Morgan Square, there are currently 2,257 housing units either less than construction or in the pipeline, in accordance to Allen Smith, the CEO & President of OneSpartanburg, Inc. 

The flats 142 Social commenced leasing past calendar year on Magnolia Road.

The year 2020 saw progress on development updates in Spartanburg, despite COVID-19.  Liberty Street apartments - 215 E. Daniel Morgan Ave.

The Liberty Avenue flats are at this time beneath development and apartments along Kennedy Road not too long ago received preliminary structure approval from the city. On the city’s north side appropriate on the outskirts of downtown, four housing initiatives are underway. 

Kennedy Avenue Flats:132 downtown Spartanburg condominium units get preliminary Design Overview Board acceptance

Smith advised the Herald-Journal very last yr that including extra household place to downtown provides the place far more of a “24/7 sense.”

Peter and Carol Finn, with their dog "Lady," make their way down Wall Street for lunch, in downtown Spartanburg. The city is working on adopting a new long-term comprehensive plan. First, city officials are getting public input through surveys and a series of meetings. That first meeting happened Wednesday. TIM KIMZEY/Spartanburg Herald-Journal]

“There are a large amount of downtowns that are fully and solely dependent on the individuals that occur into downtown to perform,” Smith reported. “And then they go away. … And it can be eight o’clock at night, and there is certainly no vibrancy in downtown.”

“So when you have extra men and women residing downtown, you happen to be literally making a 24/7 consumer base for each individual downtown enterprise,” Smith ongoing.