This week we sat down with Trey Cole, Owner of Cole Properties and Developer of City Homes @ Markley, a new single family home development right near the Kroc Center in the 400 block of N. Markley in downtown Greenville, SC perfectly situated near the new City Park.
Why are we so excited about this new development? Here are just a few reasons.
– Four dedicated parking spots included, two in attached garage and two in driveway (unheard of in the City)
-Developer focus on infill* projects, designer focus on efficiency, builder on-site recycling
– Guaranteed gas and electric bill of less that $150/month for the first year
-Street level in-law suite or home office
– 3 minute walk to GHS Swamp Rabbit Trail and 7 minute walk to Greenville Drive Stadium
-Expansive living space flowing into outdoor entertaining porch with a beautiful City view
These were the details that really wow’d us but everything about this development drew us in because it’s just a well thought out, well designed urban community. From the front to the interactive back street, street level to the private third floor sanctuary, from the inside great room to the outdoor entertainment space these city homes are sustainably built and designed to live well.
Who is Trey Cole? Trey has been designing and building award winning residential projects in the Upstate of South Carolina for a quarter century. He has built his reputation on artistically designed, sustainably built authentic Arts & Crafts style homes.
In 2004, Builder/Architect Magazine awarded a home on Lake Keowee that Trey designed and built in the Arts & Crafts style as its “Home of the Year”. More recently, the South Carolina Department of Health and Environmental Control honored Trey’s “Sally Nicholson Residence” as a 2011 Earth Day Award winner.
His Craftsman Court project on Townes Street in downtown Greenville was his first infill development.
It was embraced by the City and became an example of a successful infill development. The lot was a vacant, overgrown city lot. In 2007, Trey acquired the property. There were many doubts that he could fit four homes on the lot. The first was built and Trey lived in it from October 2010 – July 2011, until the local real estate economy started rebound. The three other houses were built and two sold the day of the open house and the third the week after.
Back to his current project, City Homes @ Markley, Trey saw another great opportunity for an infill project on an abandoned site at Markley and Academy in downtown Greenville, SC.
This developer is focused on efficiency and sustainability
- They make a concerted effort to use local suppliers and craftsmen within a few miles of the site
- Solar panels are available as an option and will be included in the first two properties being built. They are a $23,000 – $29,000 upgrade and since the site makes an excellent spot for solar panels in the City, excess will feed back to the main grid with an approximate 7 year payback time.
- Spray foam insulation, energy-efficient windows, LED lighting, tankless water heaters, high-efficiency HVAC systems with Nest thermostats
- Guaranteed gas and electric bill of less than $150/month for the first year
- Builder on-site recycling of construction materials
- 2 car garage + 2 parking spaces.
- Optional outdoor fireplace on covered front porch and outdoor kitchen overlooking the City.
- Wall of windows with City views allowing flow of indoor/outdoor space
- Tongue and groove wood ceilings 10 ft., wood floors
- Lower level in-law suite/office, main floor living/entertaining level, third floor private bedroom area
- Private elevator is standard, all units are universally accessible
- Walkability to downtown entertainment (7 minutes) and recreational 18+ mile trail (3 minutes)
- Kroc Center and Tennis Center and AJ Wittenberg elementary school directly across the street
- Minimal HOA with monthly cost of $150 to cover landscaping, trash/recycling, termite bond and private drive maintenance
Markley Street City Home prices $615,000- 760,000 currently
Private Drive City Homes prices starting at $540,000
*Infill Development Definition from Wikipedia: The reuse and repositioning of obsolete or underutilized buildings and sites. This type of development is essential to renewing blighted neighborhoods and knitting them back together with more prosperous communities. Redevelopment or land recycling is development that occurs on previously developed land. Infill buildings are constructed on vacant or underutilized property or between existing buildings.