The Klots Group, Longleaf Real Estate to Break Ground on $250 Million The Preserve in North Myrtle Beach, South Carolina

by Channing Hamilton

NORTH MYRTLE BEACH, S.C. — The Klotz Group of Cos. and Longleaf Real Estate plan to break ground on The Preserve, a $250 million mixed-use development in North Myrtle Beach, this summer. The plans for the 110-acre project call for 370 apartment units, 207 build-to-rent homes, 227 paired villa lots and 10,000 square feet of commercial space. An expected completion date for the development has not been disclosed.

The Preserve will eventually be a part of a planned development district situated between the Intercoastal Waterway and the Carolina Bays Parkway. At full build-out, the district will feature more than 3,500 dwelling units and 1 million square feet of commercial space, including a 165,000-square-foot Amazon delivery facility.

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