New Mixed-Use Building Under Construction in Downtown Aiken

News Summary

A new mixed-use building is underway in downtown Aiken, set to enhance residential and commercial opportunities. With 80% of its concrete footings installed, the project is financed by a $20 million settlement and aims for completion by summer 2026. The city anticipates attracting tenants, including the Savannah River National Laboratory, which may create new jobs. Local officials are optimistic about the project’s potential despite some resident concerns.

Exciting Changes Coming to Downtown Aiken with New Mixed-Use Building

In a thrilling development for the residents of Aiken, construction has kicked off on a brand-new mixed-use building right in the heart of downtown. This project promises to breathe new life into the area, bringing both residential and commercial opportunities to the bustling city streets.

Progressing Work on New Structure

The construction team has already begun work on the northern stair tower of the building, with plans to lay the concrete slab within this month. Incredible progress can be seen already, with approximately 80% of the structure’s 36,000-square-foot concrete footings installed. That’s quite an impressive feat!

Location and History

This exciting project is taking shape at 133 and 141 Newberry St. N.W., a site that once housed the Busbee, Hunter, and Bodenheimer law firm. The area is filled with history, and now it’s set for a rejuvenation that will serve modern needs and attract more foot traffic to downtown Aiken.

Funding the Future

You might be curious how such a large-scale construction is being funded. The project is financed through a generous $20 million settlement from the state involving the Department of Energy and issues with plutonium storage at the Savannah River Site. This funding will play a crucial role in ensuring the building meets its intended goals.

Future Tenants and Partnerships

Aiken City Manager has shared that the city will work closely with the Aiken Corporation to find suitable tenants for this new mixed-use space. After acquiring the property from the for-profit arm of Aiken Corp, the city is planning to establish a long-term ground lease with a company controlled by the Aiken Corporation once the construction wraps up.

Negotiations on the Horizon

There are ongoing conversations with the Savannah River National Laboratory (SRNL) to utilize some of the available space for offices and conferences, creating a hub for workforce development. Discussions suggest that SRNL may want to accommodate around 100 employees within the new facility, enhancing local employment opportunities and knowledge-sharing.

Optimism Amid Challenges

While some residents have expressed concerns, particularly regarding potential lease cancellations by federal agencies under the current administration, there’s a palpable wave of optimism from various stakeholders. The Aiken Corporation President is hopeful about finalizing leasing negotiations, even recognizing the unique challenges that come with working alongside the federal government.

Support from State Officials

Support from state officials such as South Carolina’s Governor and a significant U.S. Senator adds more momentum to these initiatives. With strong backing, there’s a shared belief that the project will move forward successfully, ensuring that the benefits reach the community.

A Timeline for Completion

As construction continues, the completion date is projected for early summer 2026, with an anticipated move-in period for tenants by late summer 2026. This timeline raises excitement about the future, with the hopes of seeing downtown Aiken flourish.

The Bigger Picture

Local media coverage highlights not just this construction project but also other happenings in city affairs, from politics to public safety. With such a significant development on its way, Aiken’s residents can look forward to an invigorated downtown scene filled with new opportunities.

In summary, Aiken’s new mixed-use building is set to create a vibrant hub of activity just in time for summer outings. With the concrete steadily pouring and ideas being brought to life, it’s an exciting time to live, work, and play in this lovely city!

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Additional Resources

• WRDW: Aiken City Council Proposes New Downtown Mixed-Use Project
• Google Search: Aiken downtown mixed use building
• WJBF: Groundbreaking Ceremony for New Mixed-Use Building
• Wikipedia: Mixed-use Development
• Post and Courier: Exciting Progress for Aiken’s Mixed-Use Building
• Google News: Aiken mixed use building