Six years later, Daimler selling land near Lake Wylie
02/15/2014 9:24 PM
02/15/2014 10:09 PM
Daimler Trucks North America is selling the 400 acres of undeveloped land near Lake Wylie that it purchased with the help of $2 million from South Carolina.
Daimler is listing the property with CBRE of Charlotte, said a company spokesman.
At one time the property was intended to be the location of a 200,000-square-foot office building. Daimler purchased the land near Crowders Creek and Allison Creek in 2008 and, at the time, there was speculation the company might move its headquarters from Portland to the South Carolina.
In December the company announced it was expanding operations at its Portland, Ore., headquarters. The decision to expand in Portland will not affect operations at the company’s marketing and sales office in Fort Mill, or its plants in North or South Carolina, company officials have said.
Bryan Cutcher, 1st vice president with CBRE, said Friday the firm has already received one offer on the property. While the property is already listed for sale, Cutcher said the company would begin marketing the land in about a week.
The 400-acre site will be marketed in several ways, he said, including as the location for residential development, a corporate campus site or mixed use.
The site’s size is good for residential uses because a developer can buy a large tract at once. “There are not that many sites this size in the Charlotte area,” he said.
But it also could be attractive for a corporation headquarters, Cutcher said. The location and property size are typical of what many companies are looking for, he said.
Mark Farris, York County economic development director, has said his office will assist in the sale but only if the land is used for corporate, commercial or industrial uses, which will produce jobs.
In 2008 South Carolina gave Daimler Trucks $2 million to help buy the land. The company paid $16.1 million for the property.
In 2009, state officials determined that while Daimler never built on the land it met the conditions of the state grant when it opened a sales and marketing facility in Fort Mill that initially employed 300 workers. The facility, located near the former Knights stadium, now employs about 500 people. Because Daimler met the terms of the grant it will not have to repay the $2 million.
Since opening the Fort Mill office, Daimler has made “numerous facility upgrades” there for its sales, marketing, and aftermarket offices, said Dave Giroux, director of public relations and corporate communications.
“The Fort Mill location continues to be a valued component of the company's organizational structure,” he said.
The state grant had required a $26.7 million investment, purchase of 200 acres and creation of 300 new jobs. A Daimler spokesman said the company “far exceeded” grant commitments.
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