Good Morning Everyone!

The Reedy River's pedestrian trail continues to radiate from the downtown area as key pieces of land fall into place. With the recent approval of a quarter-acre parcel, the southern portion is close to reaching Greenville Tech from Cleveland Park, crossing a proposed new bridge behind the YMCA. Additional progress has been made to the northern city limits and should be in place to open in a few weeks. Plans have also been proposed to connect additional trails with Travelers Rest.

The Cleveland Street YMCA has also announced a $7.8 million expansion project to break ground in February of 2007 and be completed by late 2008. A new facility will be built on 22 acres next to the current complex and will feature a 7000 square foot wellness building, teen center, food court, children's splash park, warm-water pool and a cool-water lap pool.

Downtown Greenville continues to attract banking institutions desiring a position at the hub of the Upstate business community. Palmetto Bank of Laurens, SC has announced they will build a new corporate headquarters at the corner of Church and E. North Streets. Palmetto Bank has more than 400 employees and $1.1 billion in assets.

According to the Greater Greenville Association of Realtors MLS, unit sales for single family residential homes through August 31 of 2006 are up 11.5% over the same period in 2005. With 7005 units sold this year, the average price is up 8.6 % to $180,154 with an average time on the market at 85 days.