Mostly cloudy. Low 49F. Winds N at 5 to 10 mph..
Mostly cloudy. Low 49F. Winds N at 5 to 10 mph.
Updated: October 15, 2023 @ 7:23 pm
The front entrance of Chandler Reserve Club on Pisgah Road. More than 500 town homes could be built here. Tyler Fedor/Staff
The front entrance of Chandler Reserve Club on Pisgah Road. More than 500 town homes could be built here. Tyler Fedor/Staff
FLORENCE — More than 500 townhomes could be coming northwest of the city of Florence from a longtime Pee Dee developer.
Chandler Reserve Club, located on Pisgah Road a few minutes from the Pee Dee State Farmer’s Market, is under construction and has approximately 200 houses built and are available for rent.
Jonathan Chandler, owner of Chandler Investment Properties, said they’ll continue building the houses as long as the demand is there.
Construction started in 2021 and 575 units are approved for construction.
“I really don’t know what the demand will continue to be,” Chandler said. “The economy keeps changing from time to time, inflation, job growth, things like that affect the rental business.”
Chandler said more people are leasing than buying. This comes as previous reporting by The Post and Courier showed that available houses to buy can’t keep up with the rising population of Florence.
Chandler has multiple developments in Florence County and one in Sumter and Hartsville.
Construction of the development is in the third phase, with 96 units planned for construction. Chandler said this phase would be completed mid-November.
Construction of the next set of houses after this phase would start in February or March of next year.
Available units have 1,100 square feet and just over 1,200 square feet of space. The area offers six and 12-month leases for both units. The larger units have a carport.
Leases for the smaller housing are $1,350 a month for a 12-month lease and $1,550 for a six month lease.
The carport housing leases are $1,550 a month for a 12-month lease and $1,750 a month for a six month lease.
Prices are higher for both units’ 12-month lease if the unit has a view of the pond in the area.
Chandler got into the development business in 2016 with his first development in Hartsville, called Chandler Cottages, which are described as furnished luxury rentals on the website. The rentals are located on Gandy Street next to Carolina Elementary School.
Other developments of Chandler’s in the Pee Dee include rental homes in Chandler Pointe between Florence and Timmonsville, town homes at Chandler Townhouses in Sumter, just five minutes from Swan Lake Iris Gardens and the condos of Chandler Terrace just north of Forest Lake in Florence.
Reach Tyler Fedor at 843-998-3484. Follow him on Twitter at @tylerrfedor. Send tips to tfedor@postandcourier.com.
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