Orangeburg City Council has given its final approval to the sale of a parcel of land for the development of a Walmart grocery store.
In a special called meeting Thursday morning, council gave third reading to an ordinance selling a 7.48-acre parcel for almost $1.3 million to Cypress Development for the purpose of building a Walmart Neighborhood Market.
Now all that’s left is for both the city and Cypress to close the real estate transaction. A date has not been set for the closing.
City Administrator John Yow has said money from the sale will be spent on some downtown demolition efforts and other improvements within the city.
The parcel is located immediately behind CVS, with frontage on both U.S. Highway 301 and Stonewall Jackson Boulevard.
Cypress plans to develop a 41,000-square-foot Neighborhood Market on the site. The markets are about one-quarter of the size of a typical Walmart Supercenter.
Neighborhood Markets offer produce, meat and dairy products, bakery and deli items, household supplies, health and beauty aids and a pharmacy. Nationally, Walmart has rolled out about 340 Neighborhood Markets.
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