Coble calls riverfront property agreement 'great breakthrough' - wistv.com - Columbia, South Carolina

Coble calls riverfront property agreement 'great breakthrough'

(Columbia) August 19, 2005 - The University of South Carolina has worked out an important agreement with the owners of a big chunk of riverfront property. USC, the city of Columbia and others call the deal a major step forward.

The mayor calls this agreement a "great breakthrough." It's a plan that will benefit the university's efforts to develop its research campus, allow the city to move ahead with a key section of the Three Rivers Greenway and even provide a possible site for an elaborate Salvation Army and community center.

The area in question is about 95 acres on the east side of the Congaree River. It is one of several large parcels owned by the Guignard family.

City officials say for years, the Guignards have shown reluctance to give up control of their property until they were comfortable with how it would be developed. Now we are told the family has worked out an agreement that allows private development as part of USC's vision for its research campus.

This alliance appears likely to clear the way for the city to move forward with a section of the Greenway, without having to resort to a plan announced last week that would have re-routed the Greenway up to Huger Street and around the property.

Mayor Bob Coble says a lot has happened in the Vista area over the last few years, including the removal of the Kline iron and steel plant and the Publix store in the Old Confederate printing plant. He says that might have helped convince the Guignards the city and USC are on the right track.

More details to come during a news conference this afternoon. Count on News 10 to bring you the latest.

Posted 11:55am by Bryce Mursch

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