Sprawling resort in coastal South Carolina changes hands

SOUTH CAROLINA — A sprawling resort community in South Carolina’s coastal low country has changed hands, and one of the buyers is a firm with Charlotte roots. South Street Partners and Henderson Park Capital Partners teamed up in a joint venture to acquire Palmetto Bluff, one of the largest remaining contiguous entitled waterfront properties on the East Coast, according to a press release.

Palmetto Bluff spans some 20,000 acres. Situated between Savannah, Georgia, and Hilton Head Island, the property features 32 miles of riverfront, extensive nature trails, village centers and a Jack Nicklaus golf course. Additional development is planned.

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