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New retailers heading to the Grand Strand

Published: Aug. 13, 2012 at 7:19 PM EDT|Updated: Aug. 26, 2012 at 7:47 PM EDT
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MYRTLE BEACH, SC (WMBF) – New retailers and businesses will call pieces of vacant land their new homes in the Grand Strand.

According to the City of Myrtle Beach planning department, the Community Appearance Board will review plans for a new 35,000 square foot retail space later this week. The new building will take up one of several vacant lots surrounding the Coastal Grand Mall area.

The last time the city had a new commercial retail space of this size go up, was at the beginning of 2009. According to City of Myrtle Beach spokesperson Mark Kruea, the original plans for the lots around the mall call for more retailers, but the recession slowed down plans for expansion.

The city recently approved plans for a new strip mall. The new 9,600 square foot building will be located on the vacant piece of land behind the Red Robin and will house three tenants.

Kruea says this could be an indication of things starting to rebound for retail, construction and real estate in Myrtle Beach. "We did have one year with $440 million worth of new construction inside the city alone. We're not likely to see that again but this is a sign that there is some life out there, that businesses have some confidence, and there is a reason to build a new retail space."

Developers and city officials are not ready to release details surrounding the tenants that will call the new commercial retails spaces their new home.

Copyright 2012 WMBF News. All rights reserved.