Kroger Real Estate co-developing $74 million project in South Carolina
Hilton Head Island, S.C. -- Joint-venture partners Kroger Real Estate and Blanchard & Calhoun Commercial announced Wednesday the launch of construction on the Shelter Cove Towne Centre, a 42-acre mixed-use development on Hilton Head Island, featuring the debut of Kroger Marketplace on the Island.
The $74 million project will be built in three phases. Upon completion, Phase one will include the redevelopment of an existing shopping mall into an upscale walking village encompassing 290,000 sq. ft. of retail, restaurant space and the Island’s first Kroger Marketplace.
Phase two will incorporate a five-acre park that will connect with an existing 12-mile trail system on Hilton Head Island. Phase three will add 210 waterfront apartments.
"We are very excited about the future and the successful opening of this amazing energy center for Hilton Head Island which will generate millions in revenue for retailers, restaurateurs, hotels, tourist attractions, partners and the city,” said Michael Schlotman , CFO, The Kroger Co.
The new Kroger will be the largest grocery store on Hilton Head Island at 87,588 sq. ft. and will feature an expanded selection of groceries, a Starbucks coffee kiosk, full-service Murray's cheese shop, freshly prepared sushi, a bistro with chef-prepared meals with indoor and outdoor seating available, a walk-in beer cooler with Growler station, expanded wine selection with a Wine Steward and a drive-thru pharmacy window. The store will also have an outdoor seasonal selling area and bike repair stations on the sidewalk unique to this location.