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2018 Q1 Retail Greenville-Spartanburg-Anderson Report

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Downtown Spartanburg revitalization

Key Takeaways

  • Retail space within core shopping centers tightens toward full capacity.
  • Spartanburg’s growth will draw investors and new retailers to the region.

Spartanburg renaissance

Spartanburg has always been a happening city. In the late 1800s, it was coined the “Hub City” due to the convergence of seven railway lines within its core, but as the trains mostly came to a halt, so did the Spartanburg activity. Times are changing; now there is a Spartanburg revival occurring, with a resurgence of construction activity and public interest. Spartanburg has been rebuilding for many years and is now emerging as a healthy-lifestyle-fostering, environmentally conscious, artistically-driven entertainment district. Downtown Spartanburg has $433.46 million in capital investments tied to downtown renovations both planned and currently under construction.

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2018 Q1 Retail Greenville-Spartanburg-Anderson Report

Download Report