By RUBEN LOWMAN
Edgewater Ventures announced the build-to-suit development of a new Class A distribution facility for Pepsi Bottling Ventures LLC (PBV) at Palmetto Coast Industrial Park in North Myrtle Beach.
Edgewater anticipates breaking ground in January on the 164,850 square foot state-of-the-art facility that will welcome PBV as Edgewater’s first tenant within Palmetto Commerce Industrial Park, a four-building Class A industrial park that will total 720,000 square feet upon completion.
The PBV facility will be constructed on 25 acres on Water Tower Road and feature tilt-up concrete construction, 30’ minimum clear height, an ESFR sprinkler system, and expansion capability up to 217,000 square feet.
The development of the PBV facility will be the second of two buildings that Edgewater will break ground on in January, coupled with the recently announced 165,000 square foot Building 1, which is being built on a speculative basis.
Together, the PBV facility and Building 1 will bring the total under construction within Palmetto Coast Industrial Park to approximately 330,000 square feet.
Palmetto Coast Industrial Park is the first-ever speculative Class A industrial development constructed within the Myrtle Beach market. The park is strategically positioned on Water Tower Road with a dedicated interchange at Highway 31, providing direct, uninterrupted access to the entire Myrtle Beach region. Upon completion, the development will provide corporate tenants with outstanding access to the Grand Strand, Myrtle Beach International Airport, Highway 17, Interstate 95, and the Dillon Inland Port Terminal.
“We’re thrilled to welcome Pepsi Bottling Ventures as our first tenant within Palmetto Coast Industrial Park,” said Chris Norvell, Managing Industrial Principal with Edgewater Ventures.
“It’s always exciting to kick off a new industrial park with momentum, and we couldn’t ask for a better partner out of the gate than Pepsi.”