The Simpson Organization has purchased 36 acres of Dominion Energy’s 260-acre Otarre Pointe, a prime development corridor in Lexington County at the intersection of I-77 South and 12th Street Extension, in Cayce, S.C. Plans for the 36-acre mixed-use project include apartments, restaurants, retail, a hotel, office space and an entertainment area. Total development and construction costs are expected to exceed $65 million.
“We envision this mixed-use village as a true live, work and play destination offering entertainment, shopping, and a place to call home,” said Boyd Simpson, owner of The Simpson Organization. “Some of the planned amenities include a gracious plaza and fountain at the entry area and a multifamily residential and lifestyle storage component. Our phasing strategy is to allow the village to grow over time. This will allow the village to respond to market shifts as various uses evolve. We expect to break ground on the first phase of the project
