Quote:
Originally Posted by g-man430
I'm hearing this development is struggling. The grocery store is having trouble getting customers in the door so they're starting to have huge sales. I'm also hearing the apartments/condos aren't selling very well. Can anybody confirm these reports?
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I live in The Market Commons.
It is pretty mixed depending on what sector you are looking at. The townhomes are selling well still, with about 2/3 owner occupied and 1/3 rented out as long term rentals.. there is only one house on our block that is empty. There have been no discounts on prices and they still sold.
By contrast, the Market Common "Village" condos are doing very VERY badly. but then what would you expect? $250k will get you a nice brick townhome with a yard and detached garage - or you can go accross the street and pay $350k for a one bedroom apartment with less than half the sq ft.
Some of the stores have done really well and the restaurants are doing very well too - you often have to wait up to 45 minutes for a table at places like Gordon Biersch and PF Changs. SOME are doing really badly. The Toy Isle was badly placed and suffered as a result. The Market Common is not designed to be a tourist attraction in the way that Broadway at the Beach is, and stores that aim at that market have not found the customers they need.
Unfortunately, some of the other stores are just a bit too pricey - it isnt that they are "over priced" just that the upmarket product tha they sell are out of the price range for the average Myrtle Beach shopper.
The new Piggly Wiggly is great - fantastic selection and not overpriced.. it may seem that way as there are a lot of higher quility goods which have a higher price - but the basic esentials are the same as you would find in any PW anywhere else.
The Market Common NEEDS a sign/gate at the junctions to 17 business and 17 Bypass. One of the biggest problems is that it is not easy to find and the junction at 17 Bypass is a joke - most people just drive past without realising there is anything there.
It is a beautiful place and all my neighbours and I love it there.. but of course we hope that it continues to expand - and it needs to in order to survive.