Rockefeller Group Foreign Trade Zone / Charleston, South Carolina
– Four buildings, 2.7 million square feet of distribution space on 400 acres
– Distribution Center completed January 2011 for Major US Tire Company
– Joint Venture with MeadWestvaco Corporation
Rockefeller Group Development Corporation (RGDC) and its joint-venture partner, MeadWestvaco Corporation’s (MWV) Community Development and Land Management Group, are developing four buildings containing approximately 2.7 million square feet of distribution space on 400 acres of industrial land near the I-26/Jedburg Road interchange in Berkeley County, South Carolina.
One of the largest marketers of automotive replacement tires occupies a 1.1 million-square-foot distribution center (news releas), which was completed in January 2011.
Construction on road improvements and site preparations for the first building began in June 2009 (news release).
The Port of Charleston nearby recently finalized plans to increase port capacity by 50% — necessitating more port servicing space.
The I-26/Jedburg Road area has been identified as a distribution cluster and will play an important role in the growth of the Port of Charleston, one of the top ten U.S. ports. The RGDC/MWV development site there is ideally situated to help provide the additional space and services that global shippers will need.
RGDC has secured Foreign Trade Zone designation for the property, named Rockefeller Group Foreign Trade Zone/Charleston. RGDC is a leader in helping companies establish strategic trade processes to minimize costs and avoid delays associated with importing and exporting. Brandi Hanback, Managing Director for Rockefeller Group Foreign Trade Zone Services and Chairperson of the Board of Directors of the National Association of Foreign Trade Zones, is leading the designation process for the joint venture.
As part of this development project, the partner improved approximately one mile of the Drop Off Drive, which runs alongside Interstate 26 to the Jedburg Road interchange.
MWV and RGDC have worked closely with other private and public interests to secure significant road improvements to the Jedburg Road interchange and immediate surrounding area. An assessment district was formed by the joint venture and several of the other developers in the Jedburg interchange area to fund the improvements. Berkeley County performed these improvements, which include relocating the intersection of Drop Off Drive and Jedburg Road, installing several traffic signals, and widening the westbound Jedburg Road exit ramp from I-26.
The road improvements to Drop Off Drive that the joint venture performed, as well as the road improvements undertaken by Berkeley County, greatly enhance the access to the site and improve traffic conditions in the area of the Jedburg Road and I-26 interchange.
For more information, contact:
Peter Fennelly, SIOR, MCR
151 Meeting Street
Charleston, SC 29401