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Palmetto Bluff Announces Moreland Village

BLUFFTON, S.C., April 27, 2015 (GLOBE NEWSWIRE) -- Moreland Village, located near the center of the 20,000 acres that comprise Palmetto Bluff, is the latest addition to the property's residential offerings. While Palmetto Bluff's first village, Wilson, reflects a polished side of Lowcountry life, Moreland Village will embody an outdoor, active lifestyle with residences and community spaces that blur the lines between indoor and outdoor living. The first phase of Moreland Village spans a 60-acre site housing 92 residential lots. The completed village will consist of 600 acres with 500 home sites. A limited number of home sites are now available and range in price from $275,000 to more than $1 million.

Palmetto Bluff held an event this morning to usher in Moreland Village, the latest addition to the property. From left: Tyler Niess, Courtney Hampson, Gov. Nikki Haley, mayor Lisa Sulka, Don Killoren, and Andy Carmody.




A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=32422

"Moreland is the next step in establishing Palmetto Bluff as a well-rounded community with something for everyone," said Don Killoren, Executive Director and General Manager of Palmetto Bluff. "Creating a true sense of place and a strong connection to the land is very important to us, and Moreland will be the ideal place for people to experience the active, outdoor lifestyle that is so true to the Lowcountry."

Moreland Village will feature a variety of home site offerings, each reflecting the informality of a small town and a relaxed, coastal way of life. Within the village, buildings are subordinate to the existing trees and landscape, and the Lowcountry design vernacular will create a simple, casual lifestyle with a mixture of lot types and amenities.

Moreland Village will offer a number of amenities slated for completion in 2017. They include:

  • Outfitters Center: A complex of buildings organized around a series of courtyards that can be used as outdoor classrooms and event spaces.
  • The Boundary: A blend of indoor and outdoor spaces resulting in a recreational village hub complete with a game room, bowling alley, restaurant, bar, lounge, outdoor activities lawn with fire pits and hammocks, art loft for classes and visiting artists and flex room for events.
  • Fitness Facilities: The Boundary will also be home to a fitness center with studios for spinning, yoga and Pilates classes; a lap pool; and a family pool with water sports courts, a kid's play area, cabanas and pool bar.
  • Conservancy Areas: A classroom building will house an outdoor amphitheater; a training pond where instructional classes for paddle boarding, kayaking and fly fishing will take place; and a classroom for kids' day camps and lunch-and-learn- style lectures.

Since Crescent Communities purchased the property in 2000, Palmetto Bluff has had an enormous impact on the surrounding community. Last year, the property generated approximately $260,395 in accommodations tax revenue and $145,185 in food and beverage tax revenue. Palmetto Bluff is estimated to generate $1.13 million in property taxes for Bluffton annually, based on 2014 tax values. Palmetto Bluff also gives back to charitable organizations, donating approximately $140,000 last year to Bluffton-based charities including Backpack Buddies, Family Promise, Bluffton Self Help, and Boys & Girls Clubs of Bluffton.

For more information and to see maps and renderings of Moreland Village, visit www.palmettobluff.com.

PALMETTO BLUFF is situated in the Lowcountry of South Carolina between Charleston and Savannah, Georgia, Palmetto Bluff is the largest remaining waterfront property on the East Coast and part of the Crescent Communities residential real estate portfolio. Currently evolving as a residential community and conservation preserve, the 20,000-acre development is surrounded by 32 miles of riverfront and features extensive nature trails; a vibrant Village center complete with river access, boat storage and canoe club; a distinctive food and beverage program; the AAA Five Diamond Inn at Palmetto Bluff; and a Jack Nicklaus Signature Golf Course. An array of southern- style residential neighborhoods ranging from multi-million dollar legacy family compounds to more traditionally sized, single-family lots are currently available. For more about Palmetto Bluff, please visit www.palmettobluff.com.

CONTACT: Tony Wilbert, The Wilbert Group 404.268.4662 twilbert@thewilbertgroup.com Hadley Creekmuir 404.343.4080 hcreekmuir@thewilbertgroup.comSource: Crescent Communities