Greenville County's 40-acre County Square site is moving closer to vertical construction, marking a major turning point for one of the largest redevelopment projects in the Upstate. Financing, designs, permitting, leasing and pricing remain in progress as the more than $1 billion mixed-use project along University Ridge advances toward the buildings planned to reshape the southern edge of downtown Greenville.
The County Square development is moving closer to vertical construction. Atlanta-based RocaPoint Partners is serving as master developer in a public-private partnership with Greenville County, a role identified by the Upstate Business Journal as central to the project's overall financial scope.
Massive Dirt-Moving Effort Wraps Up
Getting the 40-acre site ready for buildings was no small task. According to an update presented to Greenville City Council during an August 24, 2026, work session, internal road and utility work helped prepare the site, with that work wrapping up in March, per 6AM City. That milestone brought the project closer to the vertical construction phase.
Phase 1 of that vertical build-out is expected to wrap within three years and will include 10 mixed-use buildings along with three parking garages, according to the same Upstate Business Journal report. One of those garages will be an approximately 380-space public parking facility built on Howe Street in partnership with the City of Greenville.
From Government Complex to Commercial Hub
From Government Complex to Commercial Hub The redevelopment includes a county office building completed from 2018 to 2023. The 250,000-square-foot building cost $65 million, according to Toppe Consulting. The building is part of a broader 3.5-million-square-foot master project, with commercial development planned around it.
Retail leasing has already gained significant momentum. Approximately 200,000 square feet of retail space has been leased, 6AM City reports.
Thousands of Homes, From Townhomes to Apartments
Housing is a major piece of the plan too. The full County Square master plan calls for up to 1,800 residential units, including a townhome community planned by Copper Builders with 21 phase-one townhomes, plus two multi-family buildings containing 345 residential units and ground-floor retail.
Developers are also weighing additional amenities under active letters of intent, including a 155-room hotel, a condominium project and build-to-suit office space, per the same 6AM City report. Those additions remain under evaluation and are not yet locked into the construction timeline.
According to a U.S. Department of Housing and Urban Development housing-market analysis, rental conditions in the Greenville HMA were considered balanced, with an estimated rental vacancy rate of 7.5 percent, down from 11.4 percent. The discussion also includes 2024 conditions in the Greenville metropolitan area.
Tax Revenue Projections and Neighborhood Concerns
The financial stakes for the county are part of the project's broader development picture.
According to a Greenville County General Fund budget document, property tax revenue was expected to be $112,186,696 for FY2022 and $118,806,164 for FY2023, making property taxes the county's largest single revenue source. Greenville County's proposed biennium budget was based on an estimated net assessed valuation of property for taxation of $2.98 billion, providing broader context for the redevelopment's potential fiscal significance.
Tax Revenue Projections and Neighborhood Concerns The project's luxury-heavy buildout is part of the broader change underway as downtown Greenville's footprint extends southward.
The project is also part of broader regional growth and simultaneous downtown development across the area.
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