Editor’s note: This article is the first in a two-part series addressing a gap in affordable housing in the Central Savannah River Area and possible solutions. The second article will examine how redevelopment and reinvestment can aid in growing cities.
Housing. It’s going up everywhere.
North Augusta alone in 2021 had its biggest year in new home builds – both by number of units and by total construction values – since the big Riverside Village project in 2017.
And it seems things are only just getting started: the two largest tracts of land within the city limits are as yet undeveloped but planned for a mix of housing and commercial: the 1,368-acre Highland Springs subdivision development along Palmetto Parkway and the 750-acre Hamrick Farms mixed-use project near Exit 1.
So, why are regional experts saying there’s a housing shortage?
Denis “Denny” Blackburne, senior vice president of business and development for Woda Cooper Companies, a development firm that specializes in affordable and workforce housing, said he believes the U.S. as a nation is currently facing a housing crisis that has largely been brought on by lack of supply.
Source: The Post and Courier