Exciting New Development Breaks Ground in Bluffton!
Bluffton, a charming town known for its vibrant community and beautiful landscapes, is buzzing with excitement after officials broke ground on a brand-new **_Don Ryan Center for Innovation_** facility on October 17. This project is part of a larger initiative that includes the construction of three new buildings at Buckwalter Place, aimed at boosting the town’s economic development.
What to Expect from the New Center
The first building will span an impressive **14,400 square feet** and will not just be another office space but will also host a second location for the Don Ryan Center for Innovation, a childcare center, and flexible rental workspace solutions. These features promise to cater to a diverse range of needs for budding entrepreneurs, innovators, and families alike. Bluffton’s strategic location will likely draw numerous **_start-ups and businesses_** eager for a supportive environment to launch and grow their ideas.
During the groundbreaking ceremony, local officials and community members gathered to celebrate this milestone. From the Bluffton Town Council and staff to representatives from Beaufort County Economic Development Corporation and Palmetto Electric Cooperative, the support was palpable. With so many key stakeholders in attendance, it was a clear signal that Bluffton is rallying behind economic growth and innovation.
Partnerships that Make It Happen
This initiative is a joint effort between the town of Bluffton and Dolnik Properties. The town purchased the land, while Dolnik will be responsible for developing, owning, and managing the new buildings—except for the parts run by the Don Ryan Center for Innovation. This collaboration aims to transform **_Buckwalter Place_**, a 94-acre multi-county business park, into a thriving hub for economic activity.
The financial framework for this impressive undertaking includes a significant investment from the town, which plans to put approximately **$4.1 million into infrastructure, utilities, and parking upgrades**. Simultaneously, Dolnik Properties is expected to invest over **$7 million** into the project. This level of commitment reflects the collective vision held by local leaders and developers, with the ultimate goal of providing a nurturing environment for innovation and progress.
Grants That Fuel Growth
How is this project getting the funds it needs to come to life? Well, it’s exciting news: the **town has secured $130,000** in grants from Beaufort County’s Economic Development Corporation, along with another **$1 million grant** from the South Carolina Power Team. This funding is essential for launching the project and will help set the stage for job creation and economic growth within the region.
The South Carolina Power Team is a powerful coalition of electric companies and cooperatives that work collaboratively to promote economic development across the state. Their support, along with that of other local agencies, shows a strong commitment to fostering a thriving business environment in Bluffton.
A Bright Future Ahead
The town anticipates that the new development will not only cater to new businesses but will also enrich the local community. The aim is to provide vital resources and workspace for Bluffton’s innovators, small businesses, and start-ups. With significant investments being made and supportive partners involved, the project aligns with Bluffton’s goal to attract knowledge-based industries and elevate economic growth in the area.
The future is definitely looking bright for **_Bluffton_** and its residents! This new venture is just the beginning. As **innovators** and **businesses** continue to cluster in this area, we can expect more job offerings, dynamism, and a bolstering of the local economy. Let’s all stay tuned and participate in this exciting journey as Bluffton steps confidently into a promising economic landscape!
