Market Common Comes of Age

Below is an excerpt from The Sun News published on March 29, 2009

Market Common Comes of Age

A year on, buildings are full, shoppers abound
By Jessica Foster - jfoster@thesunnews.com

Unless he's going to work, Taft Corbett rarely has to get in his car.

The shopping, the parks, the dining and festivals are all right in his backyard in what many residents of The Market Common district have nicknamed "the bubble."

"Really most of what I do outside of work is here in this little area," he said.

This time a year ago, Myrtle Beach's first urban village was getting its finishing touches and only a few residents lived nearby.

Now, it is becoming the walkable community that planners envisioned and a bustling hub for recreation and community events.

To view the complete article, click here.
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The Market Common will celebrate its First Anniversary on April 4, 2009. Activities will start at 4 p.m. and fireworks begin at 8:30 p.m.

Hard Rock Park Update

Some background information... Hard Rock Park located off of Highway 501 in Myrtle Beach opened in April 2008. The park hoped to attract locals and tourists alike. However, when the park did not draw the expects crowds, it closed in bankruptcy in September 2008. Hard Rock Park was purchased in February 2009 by FPI MB Entertainment. FPI MB Entertainment was able to purchase the park out of bankruptcy for $25 million.

Hard Rock International and FPI MB Entertainment are in discussions now about keeping the Hard Rock brand. Because of the name recognition of Hard Rock, officials with FPI MB Entertainment are hoping to be able to keep the name and use it in their marketing. Will keeping the Hard Rock name help or hurt the park? No one knows. On one hand, name recognition might draw visitors to the park. On the other hand, changing the name could eliminate negative publicity created by the bankruptcy proceedings.

One thing is certain ~ officials want to attract a more visitors and a wider range of visitors. Past visitors to the park complained about the high ticket price and lack of rides for children. Officials have previously stated that ticket prices would be lowered to $35-$40 from $50 and more rides for children would be added.

The park is expected to re-open by Memorial Day Weekend. Will you visit the park this season? Leave a comment about your experiences with the park last year and whether or not you plan to visit the park once it reopens.

Price Reductions

9651 Kings Grant Drive
Murrells Inlet

The price on this listing was reduced by $35,000 today to $145,000. The three bedroom, two bathroom house is located in Murrells Inlet, SC near restaurants, entertainment and the beach. The large backyard is completely fenced and the Sellers replaced the heat pump in August 2008. The front door, master bedroom and shutters were painted in 2008. The wallpaper in the kitchen was removed.

103 Paula Court
Conway

The price on this listing was reduced by $10,000 to $199,900. This house is also a three bedroom, two bathroom home in Conway, SC. The large backyard is also fenced. The seller replaced all the carpet in the house, painted the house and replaced the vinyl. The refrigerator was replaced in 2009. This house is located conveniently between Highway 544 and Highway 501 near the Conway Medical Center and Coastal Carolina University.

If you are a first-time home buyer, you may qualify for the recently passed $8,000 tax credit.
Contact Kathy Rukat at (843) 267-2710 or Kathy@KathyRukat.com.

For Sale - 2 Condos at The Palace

The Palace, Myrtle Beach, SC

I listed two condos at The Palace this week. The Palace is located at 1605 South Ocean Blvd., Myrtle Beach. Both condos are ocean view and have been recently renovated by the owners. One condo is a one bedroom/one bathroom while the other condo is a two bedroom/two bathroom. Both condos have an excellent history that includes both summer and winter rentals. Both condos are producing income for the current owners. More information and additional pictures will be listed on my website, www.KathyRukat.com, under Featured Properties.

If you have any questions about these condos or other Myrtle Beach property, please let me know. I can be reached at (843) 267-2710 or at Kathy@KathyRukat.com.