Verdae notified that a YMCA expansion may not happen.

For Immediate Release
June 9, 2016

Verdae notified that a YMCA expansion may not happen.

Greenville, SC —Officials with the YMCA of Greenville have notified Verdae that a recent strategic facility program analysis does not support plans to build an expanded facility at Verdae. The findings of the study and recommendation by the YMCA Growth and Planning Committee will be reviewed by the YMCA Board later this month for final decision. Should YMCA leadership decide to abandon expansion plans, Verdae anticipates that they will be asked to repurchase the 10-acre tract of land that the YMCA bought in 2015.

“Considering the area’s significant growth to-date and a strong forecast for continued development, we are surprised and disappointed to hear that the YMCA may not move forward with their plan to build a full service wellness center, complete with aquatic component and outdoor activity fields.” said Rick Sumerel, President and COO of Verdae Development. “We’ve been told that the Y would like to continue to provide services through their existing Verdae YMCA location.”

The YMCA of Greenville currently operates a 6,000 SF wellness facility in Legacy Square that serves a number of residents and employees within surrounding neighborhoods and businesses. This facility opened in October 2012 and offers cardio and strength training equipment and group exercise classes.

 “As we await final word, we are also considering alternate plans of action, and will continue to keep residents and partners informed.” Sumerel said. “Any questions regarding Y membership or their future plans should be directed to the YMCA of Greenville at this time.”

About Verdae
In 2005, the master plan was announced for Verdae, an 1,100-acre tract of prime real estate located in the city of Greenville.  With planning and construction underway for the classically-styled community, Verdae will include a diverse collection of quality residential with various price points, a host of corporate and professional office buildings and suites, a retirement community, and a town center for retail, entertainment and more.  A system of trails, parks, and other green spaces provide the necessary connectivity to promote a unique live-work-play experience for everyone. To learn more about Verdae, visit www.verdae.com.

For more information, contact Debbie Wallace at 864-991-6311.