ROCK HILL, S.C. — A Charlotte developer will join with a New York investment company to create a $45 million multifamily and commercial project on the site of a former automobile dealership in Old Town Rock Hill.
The first step for Catalyst Capital Partners of Charlotte and URS Capital Partners of Huntington, New York, is redeveloping retail space on White Street in downtown Rock Hill. Later to come is a 191-unit apartment complex that includes what developers say will be downtown's highest level of amenities, including an outdoor pool, says Beau McIntosh, managing partner at Catalyst.
The project will be called The Exchange at Old Town Depot. It's described as a public-private partnership between Catalyst, URS and the city of Rock Hill.
"We feel as though the mix of uses and tenants at the Exchange will bring social integration and continuity among all the ongoing development of the area," McIntosh says.
Read more about plans for the site here.