Local crime, high school sports, county politics, events tonight, and business closings — the daily Upstate report from HERE Spartanburg.
Business
SPARTANBURG, S.C. — Construction is officially under way on a $75 million apartment community at the old Beaumont Mill property, one of the main gateways into downtown Spartanburg. Taft Family Ventures, a developer based in Greenville, N.C., held a groundbreaking on Nov. 5 where Isom Street meets North Pine Street…
From Merger Monday
A month ago the debate over the two leading AI labs was whether they were worth $1.5 trillion or $2 trillion. This week the debate moved lower. OpenAI closed $11 billion at a $1.25 trillion valuation, below the price it first sought and far short of the $30 billion it…
From Merger Monday
A joint venture of PGIM, Stiles Corp. and Hensler Development refinanced Peabody Union, a new mixed-use tower in downtown Nashville, Tenn., with a $310 million bridge loan from Blackstone’s real-estate debt business. Blackstone Real Estate Debt Strategies provided the loan, which has a three-year term and two one-year extension options. A…
Traffic
SPARTANBURG, S.C. — A parking mistake sent a car into the front of a gym on East Main Street in Spartanburg late Friday morning, though no one was injured. The crash happened a little before noon at Key 2 Fitness. The Spartanburg Police Department said a 71-year-old woman was easing…
Crime
SPARTANBURG, S.C. — William Steven Wooten, a 46-year-old man who passed himself off as a decorated combat veteran, will spend 109 months in federal prison following an FBI investigation that the Spartanburg County Sheriff's Office assisted. Federal prosecutors with the U.S. Attorney's Office for the District of South Carolina handled…
Public Safety
Spartanburg, S.C. — A local anti-violence group called neighbors together Thursday night to talk about what comes next after a Halloween shooting outside a Cook Out killed two teenagers and wounded a third person. The Stop the Violence Coalition described the session as an emergency community conversation focused on concrete…
Politics
SPARTANBURG, S.C. — Spartanburg County Council moved three data center development agreements through second reading at a special meeting, clearing the way for final votes later this month. The largest package covers Valara Holdings, a NorthMark Strategies subsidiary planning a campus on South Pine Street with its own roughly 450-megawatt…
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