MWV to sell some East Edisto land

By Liz Segrist
lsegrist@scbiznews.com
Published April 7, 2014

For the first time, MeadWestvaco Corp. is selling some its East Edisto land.

The East Edisto region master plan calls for at least 75% of the 72,000 acres to remain permanently rural. MeadWestvaco plans to sell approximately 50,000 of the total acres over the next five years for rural uses, said Ken Seeger, president of the MeadWestvaco Community Development and Land Management Group. Portions of the remaining 22,000 acres will be used for a planned community.

The land in the East Edisto Rural District can be used for timber, hunting, farming, civil, or recreational uses, as well as for rural home sites, Seeger said.

MeadWestvaco has owned this land for more than 90 years. This is the first time it has been for sale to the public. Currently, about 4,000 acres are for sale as different lot sizes, Seeger said.

The land for sale has density restrictions, ranging from one unit per 4 acres to one unit per 200 acres. The restrictions are stricter near the Edisto River. Much of the land will have density restrictions of one unit per 25 or 50 acres.

“These properties represent the very best and most accessible rural lands in the region and will remain so through an agreement to preserve rural densities,” according to MeadWestvaco’s website.

The remaining land will be used for East Edisto, a planned, mixed-use community that will include housing communities, schools, parks and commercial space.

MeadWestvaco has been planning the East Edisto region since 2007. Seeger expects build out to take 20 years.

The company currently has specific development plans for 6,000 of those acres. Construction will begin this year on the Summers Corner community, including residential neighborhoods and new schools.

MeadWestvaco donated land to Dorchester School District 2 for a new elementary school and middle school. The schools will be built on a shared campus on Highway 61 and Summers Drive in East Edisto. A 1,000-seat performance hall will also be built for the schools and for community events.

Adjacent to Summers Corner, Pine Hill Business Campus houses ArborGen’s corporate headquarters. Phases one and two have roughly 160 acres for sale that could house light industrial, biotech and office spaces, Seeger said.

Plans for the remaining land in East Edisto still need to be finalized, Seeger said. MeadWestvaco is working through the entitlement process for the land within Charleston County.

Reach Liz Segrist at 843-849-3119 or @lizsegrist on Twitter.

Previous coverage:
MWV says sale won’t impact local development
MeadWestvaco plan transforms East Edisto land into antebellum neighborhoods

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