{"id":1004071143,"date":"2013-04-17T05:47:43","date_gmt":"2013-04-17T13:47:43","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=119364"},"modified":"2025-02-18T05:25:42","modified_gmt":"2025-02-18T13:25:42","slug":"scra-will-have-presence-at-4500-acre-master-planned-community","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/scra-will-have-presence-at-4500-acre-master-planned-community\/","title":{"rendered":"SCRA Will Have Presence at 4,500-Acre Master Planned Community"},"content":{"rendered":"<p><em>By Eliza Theiss, Associate Editor<\/em><\/p>\n<p>SCRA, an applied research corporation based in Columbia, S.C., has announced entering a deal to buy <a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/04\/nexton-brochure-snip.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-119365\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/04\/nexton-brochure-snip.jpg\" alt=\"\" width=\"300\" height=\"108\" \/><\/a>10 acres at Nexton, the 4,500-acres master planned community that broke ground earlier this year. The company plans to move its Charleston operations and most of its 185 employees to the newly acquired property at the junction of I-26 and Highway 17A.<\/p>\n<p>The deal, which also includes an option to buy seven more acres at the same location, is expected to close within 90 to 150 days, with groundbreaking for the new facility expected to happen within six to eight months. The new facility, currently in its design stage, is expected to be operational by October 2014.<\/p>\n<p>SCRA has signed Choate Construction as general contractor for the project. LS3P Associates Ltd. is joining the development team, handling the architectural aspect of the facility.<\/p>\n<p>\u201cWe are excited to announce our plans for relocation,&#8221; said SCRA CEO Bill Mahoney. &#8220;While we carefully evaluated several properties throughout the region, Nexton was best-suited for our needs, location and space requirements. We look forward to being a part of a community where technology and sustainability are embraced in a walkable, urban environment.&#8221;<\/p>\n<p>MWV Community Development and Land Management President Kenneth T. Seeger added: \u201cSCRA and Nexton are a perfect fit. We are both committed to &#8216;what&#8217;s next.&#8217; SCRA&#8217;s mission is to help develop technology-based companies, and Nexton seeks to become the region&#8217;s most technologically advanced community.\u201d<\/p>\n<p>Nexton, the 4,500-acre master-planned community being developed just a short distance from Charleston at the junction of I-26 and Highway17A, will contain several neighborhoods and villages, as well as major employment opportunities. It will feature several multifamily developments, hotels, LEED-certified office buildings, retail developments, and entertainment and dining venues, along with an abundance of parks. Nexton is being developed by MeadWestvaco Corp.\u2019s MWV\u2019s\u00a0Community Development and Land Management\u00a0Group.<\/p>\n<p><em>Image courtesy of www.nextonsc.com<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SCRA is moving. The applied research corporation has announced entering a deal to buy 10 acres at Nexton, the 4,500-acres master planned community that broke ground earlier this year<\/p>\n","protected":false},"author":49,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742],"tags":[],"class_list":["post-1004071143","post","type-post","status-publish","format-standard","hentry","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>SCRA Will Have Presence at 4,500-Acre Master Planned Community - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/scra-will-have-presence-at-4500-acre-master-planned-community\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SCRA Will Have Presence at 4,500-Acre Master Planned Community\" \/>\n<meta property=\"og:description\" content=\"SCRA is moving. The applied research corporation has announced entering a deal to buy 10 acres at Nexton, the 4,500-acres master planned community that broke ground earlier this year\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/scra-will-have-presence-at-4500-acre-master-planned-community\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-04-17T13:47:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-18T13:25:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/04\/nexton-brochure-snip.jpg\" \/>\n<meta name=\"author\" content=\"Eliza Theiss\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/scra-will-have-presence-at-4500-acre-master-planned-community\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/scra-will-have-presence-at-4500-acre-master-planned-community\\\/\"},\"author\":{\"name\":\"Eliza Theiss\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/de1353a5de72f96494054df3ecca7de4\"},\"headline\":\"SCRA Will Have Presence at 4,500-Acre Master Planned Community\",\"datePublished\":\"2013-04-17T13:47:43+00:00\",\"dateModified\":\"2025-02-18T13:25:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/scra-will-have-presence-at-4500-acre-master-planned-community\\\/\"},\"wordCount\":329,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/scra-will-have-presence-at-4500-acre-master-planned-community\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/04\\\/nexton-brochure-snip.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/scra-will-have-presence-at-4500-acre-master-planned-community\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/scra-will-have-presence-at-4500-acre-master-planned-community\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/scra-will-have-presence-at-4500-acre-master-planned-community\\\/\",\"name\":\"SCRA Will Have Presence at 4,500-Acre Master Planned Community - 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