New Lake Murray development in Chapin to bring $250 million in economic impact to area
CHAPIN, S.C. (WIS) - A new development in Lake Murray will have a large economic impact on the area.
The Vice President of Marketing for Lake Murray, Micah Decker, said WhiteWater Landing, the last of the Timberlake property, will most likely be one of the last large developments on the water.
WhiteWater Landing continues American Land Holding’s $40 million investment in three of four surrounding counties of Lake Murray including Saluda, Newberry, and Lexington, and will represent a value of over $250 million dollars in current and future custom home construction read a press release.
Dean Sinatra, Managing Development Partner of American Land Holdings (WhiteWater Landing) said:
Decker added the new development will bring an economic impact of over $250 million dollars in current and future custom home construction.
“Capital City/Lake Murray Country Regional Tourism Board has enjoyed working with American Land Holdings for the last 5 years. This developer is in tune with the future of residential development by maximizing scenic landscapes, amenities, and more, to lure families to the pinnacle of the lake living experience,” states Miriam Atria, the organization’s President and CEO.
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