| USC Upstate Alumni’s Company To Be Featured On HGTV
Spartanburg, S.C. - This spring, drivers on Interstate 26 just west of Spartanburg near Campobello, S.C., have been watching the earth moving equipment and pre-construction activity occurring next to Blue Ridge Log Cabins, manufacturer of factory-built, modular, log cabin homes. The company, owned by Milton A. “Chip" Smith, a 1978 USC Upstate graduate, has also caught the attention of Home and Garden Television (HGTV). “Amazing Log Homes," a special HGTV presentation, will air on Sunday, April 29 at 9:00 p.m. and Monday, April 30 at 1:00 a.m. and focuses on alternative log home construction companies that produce high quality, affordably-priced homes in half the time as traditional site-built log homes which typically take a year to build. “There's nothing old-fashioned about 21st century log homes! The quintessential American construction method is blended with the latest trends and technology to create log homes that are larger and more luxurious than ever," according to HGTV's Web site.
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Golf club fails financially, likely will remain open to members ...
HAVERHILL - The elite Renaissance Golf Club, which is assessed by the city at $3.5 million, will be sold at auction because its owners failed to pay its mortgage, said the management firm taking over the club.
The property will be resold and is likely to remain a private golf course, said Timothy Cole, president of Newton-based Southworth Golf Management. The firm said it is likely the club's 100 members will be able to continue with their golfing and other club-related activities.
The club has a goal of increasing its membership to 350, Southworth officials said.
Cole said his company was hired by the lending institution, which seized the course due to foreclosure proceedings. He said the previous owners did not pay their debt.
"The ownership entity just got itself into trouble," Cole said, adding that the golf course itself was "very successful."
The current owner of the mortgage is Fairway Onshore Loan Fund, according to a legal notice.
Biggest tenant to buy former Loom plant
ST. MARTINVILLE, La. (AP) - The modular home factory set up after Hurricane Katrina in an industrial building shuttered for years is now buying the facility, with tax-exempt bonds to finance the deal and a 10-year property tax exemption to help it along. Louisiana System Built Homes occupies 300,000 square feet of the International Trade Center - a Fruit of the Loom plant when it shut down in 2001, putting 3,000 people out of work. The modular home company's chief executive officer, Aubrey Shoemake, told the St. Martin Economic Development Authority last week that he is buying the 1 million-square-foot building. The board unanimously adopted a resolution sponsoring $10 million in low-interest, tax-exempt bonds to buy and renovate the plant. Shoemake is buying the building from Larry Leger of Carencro, who bought it a year ago from the development firm which had bought it out of bankruptcy.
Construction under way for new Eastburg school
Construction on the new East Stroudsburg Elementary School is already under way at the site next to the Terra Greens golf course on Route 447 in Smithfield Township. The district held a small ground-breaking ceremony on Wednesday afternoon to mark the event.
The three-story school will house as many as 1,125 students in kindergarten through fifth grade, with class size capped at 25 students.
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