Condos could be coming to the Market Common - WMBFNews.com, Myrtle Beach/Florence SC, Weather

Condos could be coming to the Market Common

Artist's rendition of the completed condos. Artist's rendition of the completed condos.

MYRTLE BEACH, SC (WMBF) - The Market Common has new homes and townhouses in the works, which could soon neighbor new condominiums.

The City of Myrtle Beach Community Appearance Board will review the first plans on Wednesday  for these condos in order for them to be built.

If plans are approved, it would be a first for the Market Common Area. The 48 condos would be housed in one building, at the corner of Farrow Parkway and Shine Avenue. This is between Toffino's and the lake near the front gate.

The condos would be large, one, two and three-bedroom units with decks and porches, similar to the homes you already see in the area. In fact, the architecture was based off of the houses currently being built on the lake, just across the way, according to the Broker in Charge for Dock Street Realty, Duke Melton. It would match the Charleston style, which has become the “look” of the Market Common.

Neighbors are looking forward to this new addition, despite one concern.

"I think they're gonna do well, I just hope they don't turn into rentals, that's the only thing that concerns me. I hope people that purchase are actually going to stay there,” said neighbor Jill Chadwick. “It would be a great asset. I think anything that builds will make a better area."

Chadwick said this momentum is no surprise, the Market Common is the place to be.

"There's just something so unique about this place, there's nothing better.” said Chadwick. “We don't have to get on a highway, we can ride our bikes... everybody's really friendly, its just such a different clientele around here."

Melton said in just the past three years, the company sold about 217 single family and town homes, combined.

He said the Market Common location is the strongest for real estate in Horry County, so, when the condominium building is on the market, he anticipates great sales.

The goal is to put the condos on the market this month. They'll cost a projected $150,000 to $300,000 a piece. Once the developer gets the final go from the city, and the condos start selling, building can begin.

This is the first go at condos in the Market Common, but the Melton said if they take off, more could be built in the future.

Copyright 2015 WMBF News. All rights reserved.

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