MOUNT PLEASANT — The latest plans for the Gregg Tract across from Towne Centre include a new home improvement store, a wholesale retailer and a national sporting goods outlet, the developer said Wednesday.
The project now has a name — Towne Square, said Ben Henrich, president of Henrich Properties.
He withdrew the project recently because of opposition from some residents of surrounding neighborhoods such as Montclair, Snee Farm, Wando Lakes and Wando East.
Henrich said concerns about noise, lights, traffic and drainage will be readdressed in a new application. He plans to take the project back to Town Council in the coming months.
“We’ve gone back and done an entirely new traffic study,” he said.
In the next month or so, Henrich said he will go to the council to seek a waiver of the one-year waiting period usually required before a development application can be resubmitted.
Henrich declined to say for now how much the project has been scaled back. As originally presented, it included two buildings of about 135,000 square feet and a third building of 70,000 square feet.
Discount chains, such as Costco, average 145,000 square feet at their customer warehouses, while Home Depot stores average 105,000 square feet of enclosed space, according to investor-related websites.
Henrich has a contract to purchase the Gregg Tract, which is about 40 acres, and is in negotiations with the stores that would locate there. He said more specifics would become available when negotiations are complete.