By Lauren Ratcliffe
Published Feb. 21, 2013
Ditches for the foundation of the first office building in Summerville’s Nexton development had already been dug when MeadWestvaco Corp. and The Rockefeller Group officially broke ground on the project Wednesday.
The 100,000-square-foot, Class “A” building will house MeadWestvaco’s community development and land management division. It also marks the start of the 4,500-acre master-planned community developed by MeadWestvaco.
About 425 acres of the property are located in the town of Summerville, while the rest are part of unincorporated Berkeley County. The community will be built out over decades.
Summerville Mayor Bill Collins said the entire project will have “a nice mix” of uses including restaurants, retail, office buildings and residential space. He said the portion of the property located in the town will help that section of the community grow.
“I think the Nexton development is a game changer for Summerville and I can’t wait to see it come to fruition,” Collins said.
Ken Seeger, president of MeadWestvaco community development and land management, said the office building marks the beginning of what he envisions to be a vibrant business campus.
“At the moment, you see a lot of dirt, but hopefully you see the bones and skeleton of things to come,” he said. “We look forward to making Nexton a real asset to Summerville and Berkeley County.”
MeadWestvaco will occupy about one-third of the 100,000-square-foot building — about 1.5 floors. The remaining portion of the building will be available for lease. Colliers International is managing the leasing of the building.
Colliers broker Peter Fennelly said while no other tenants have signed leases, he expects the space to be leased quickly once visible progress is made on the building.
“You know, with office, people don’t start believing until they see it come out of the ground,” he said.
Seeger said more announcements regarding the Nexton development can be expected in the coming weeks.