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Kroger Real Estate and Blanchard & Calhoun Begin $74 Million Development Project

Kroger Real Estate and Blanchard & Calhoun Begin $74 Million Development Project

Hilton Head Island, SC.
By Eric Anderson

Kroger Real Estate and Blanchard & Calhoun have begun construction on a joint venture at the Shelter Cove Towne Center, a 42-acre mixed-use development on Hilton Head Island, including a massive new Kroger location. The project will be built in three phases and cost $74 million.
The new Kroger will be the largest grocery store on Hilton Head Island at 87,588 square feet and will feature an expanded selection of groceries, a Starbucks coffee kiosk, full-service Murray's cheese shop, freshly prepared sushi, a bistro with chef-prepared meals with indoor and outdoor seating available, a walk-in beer cooler with Growler station, expanded wine selection with a Wine Steward and a drive-thru pharmacy window.Phase one will include the redevelopment of the existing shopping mall into an upscale walking village spanning 290,000 square feet of retail, restaurant space and the very first Kroger Marketplace on Hilton Head Island. Phase two will incorporate a 5 acre park that will connect with the existing 12 mile trail system on Hilton Head Island. Phase three will add 210 waterfront apartments.
"We are very excited about the future and the successful opening of this amazing energy center for Hilton Head Island which will generate millions in revenue for retailers, restaurateurs, hotels, tourist attractions, partners and the city. At the same time, creating a vital hub for people to congregate," said Michael Schlotman, CFO of The Kroger Co.
The new town center is expected to create more than 450 jobs and generate $5.1 million in annual sales tax revenue.

Kroger Real Estate