Business

York County plans to sell almost 200 acres in Lake Wylie. Here’s what we know so far

York County

York County appears primed to sell a large piece of Lake Wylie real estate for coming economic development.

The county has an offer to sell 173 acres at 2157 Handsmill Highway to a yet unnamed buyer. The deal is listed now as Project Cobra.

One of two connected land parcels that are part of the deal touches Handsmill just southwest of its intersection with Allison Creek Road, but the larger property frontage comes along Campbell Road. The property is west of the Allison Creek peninsula, north of Rock Hill.

County documents show the site is intended for economic development.

The buyer presented a purchase agreement to acquire the property for more than $4.3 million. County land records show the larger parcel at more than 130 acres acres sold for more than $1 million in 2001 and then went into Bank of North Carolina ownership in 2011 for $2,500. The county acquired the property in 2013 for $800,000.

York County acquired the smaller parcel, at almost 43 acres, in 2010 for $800,000 from the same seller who had the larger piece before it went into bank ownership.

Land uses in the area vary.

There are several large investment properties. There are CM Steel and SteelFab sites. Penland Tree Farm isn’t far west of the site. Across Handsmill Highway from the site is the more than 300-acre Fielding Homes site along Allison Creek Road.

On Nov. 7, York County Council gave initial approval with few details on the project through a consent agenda vote, or a unanimous vote on (in this case 27) items that don’t require debate. On Monday night Council held a brief special called meeting to give second approval. A third and final approval is needed, along with a public hearing. Council next meets Nov. 21.

This story was originally published November 17, 2022 at 8:33 AM with the headline "York County plans to sell almost 200 acres in Lake Wylie. Here’s what we know so far."

John Marks
The Herald
John Marks graduated from Furman University in 2004 and joined the Herald in 2005. He covers community growth, municipalities, transportation and education mainly in York County and Lancaster County. The Fort Mill native earned dozens of South Carolina Press Association awards and multiple McClatchy President’s Awards for news coverage in Fort Mill and Lake Wylie. Support my work with a digital subscription
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