Member News | July 11

Richland County Picks Team to Oversee Penny Tax Program

richlandThe group of businesses selected by the council to oversee the $1 billion program includes ICA Engineering, Brownstone Construction Group and M.B. Kahn Construction Co. The council voted at its June 30 meeting, marking the second time a team has been picked

Staff Report
colanews@scbiznews.com
Published July 7, 2014

Work on Richland County’s Penny Tax Transportation Program should kick into gear now that a new program development team has been picked by the Richland County Council.

The group of businesses selected by the council to see the $1 billion program includes ICA Engineering, Brownstone Construction Group and M.B. Kahn Construction Co.

The council’s vote, which occurred at the June 30 meeting, marks the second time a team has been picked.

ICA won the first vote in January, but the council later cancelled the contract, worth an estimated $50 million, after protests were raised that the engineering firm was not headquartered locally even though the Brentwood, Tenn.-based firm has been doing business in Richland County for 30 years.

This time ICA joined with locally headquartered Brownstone and M.B. Kahn to form a program development team.

The development team will be responsible for program management, design review, procurement and contracting support, construction management services, right-of-way services, public involvement, environmental services and permitting.

The penny tax, which went into effect May 2013 after being approved by voters in November 2012, is projected to generate $1.07 billion for some 40 road projects and add 17,000 jobs.

Without a program development team in place, the county has been hamstrung in getting projects under way. In May, the county kicked off a dirt-road paving initiative that’s funded under the penny tax program.

The county plans to pave 29 roads this year and pay for the work with nearly $2.9 million from the penny tax program, plus other supplemental funds.

Proceeds from the penny tax also will be used to help fund public transit.

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NAI Avant Announces Addition of Peyton Bryant to Columbia Brokerage Team

downloadNAI Avant is pleased to announce the addition of Peyton Bryant to its market leading Brokerage Group.  Bryant will be teamed with three of the firm’s top brokerage professionals: Cam Kreps, Dail Longaker and Macon Lovelace.  Prior to joining NAI Avant, Bryant worked as a Commercial Relationship Manager for Branch Banking & Trust Company (BB&T Bank) in Columbia, SC, where he was responsible for creating new business clients for the bank as well as working with existing bank clients.  He is active in the Columbia community, serving as a Steering Committee Member of the United Way of the Midlands-Young Leaders Society, Board Member of the Midlands Housing Trust Fund, Board Member of the Babcock Center Foundation, and Treasurer of the South Carolina Lions Foundation, among other involvements.  Bryant recently graduated from Leadership Columbia sponsored by the Greater Columbia Chamber of Commerce.  “We are extremely excited to add Peyton to our firm.  He is already an accomplished young business professional in Columbia and will be a valuable addition to the brokerage team he is joining, who are the markets top professionals in their respective specialties in our industry,” stated Bruce Harper, President and Broker-in-Charge at NAI Avant.  Bryant graduated from Wake Forest University in Winston-Salem, NC, in 2010 with a Bachelor of Arts degree in Economics and minors in Religion and Entrepreneurship and the Social Enterprise.

NAI Avant Represents Seller of 101 Wildewood Park Drive, Columbia, SC

KovacichNAI Avant broker, Laura Kovacich, recently represented the seller, Conesus Investment, LLC, in the sale of 101 Wildewood Park Drive in northeast Columbia, SC.  The property, which consists of approximately 3,700 square feet of office space, was purchased for $375,000 and will be converted into a dentist office.

NAI Avant Consumates ±13,000 SF lease in 1021 Briargate Circle, Columbia, SC

 NAI Avant broker, Laura Kovacich, recently represented the Landlord, Heritage Properties, LLC, in the lease of Suites A and B in 1021 Briargate Circle in Columbia, SC.  Infrastructure Consulting and Engineering, PLLC, a full service transportation infrastructure consulting and engineering group with offices located in both North and South Carolina, Georgia, Virginia, and Missouri, leased both suites, totaling ±13,000 square feet, to relocate their corporate headquarters.

About NAI Avant
NAI Avant’s commercial real estate business is one of the largest in the Southeast.  With over 65 professionals, the firm provides comprehensive brokerage, leasing, development, property and project management services.  For nearly three consecutive decades, the group has had more of its brokerage professionals recognized as top producers or recipients of the top awards than any other firm in South Carolina. As a member of the NAI Global Network, NAI Avant is affiliated with more than 375 offices strategically located throughout North America, Latin America, Europe and Asia Pacific, with over 6,700 local market professionals, managing over 380 million square feet of property. NAI Global is the single largest, most powerful global network of owner-operated commercial real estate brokerage firms and is a wholly owned subsidiary of C-III Capital partners.  NAI Global Member firms, leaders in their local markets, are actively managed to work in unison and provide clients with exceptional solutions to their commercial real estate needs. NAI Avant’s Property and Project Management Group currently manages a multi-million square foot portfolio of properties across South Carolina, North Carolina, and Georgia. Through its Avant Healthcare Division, the firm provides comprehensive services to hospitals, clinics, and physician groups. NAI Avant, founded in 1966, is headquartered in Columbia, SC with an office in Charleston, SC. Find out more about NAI Avant and its services at www.naiavant.com. Be sure to follow us on Twitter and like us on Facebook.

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