Post and Courier reports Starlight Homes, a division of Ashton Woods Homes, recently paid $5.4 million for 27 acres in the former Wildcat Tract that is now part of the expansive Cane Bay Plantation, off U.S. Highway 176. The seller was HIC Wildcat TH LLC of Miami, which bought the property 21 months ago for $5.07 million.
Starlight’s website shows it has one subdivision in Cane Bay called Pender Woods. The company also is developing homes in Watson Hill in North Charleston off S.C. Highway 61 in Dorchester County, where it also purchased 40 lots for $3.13 million from New York-based Brookfield Holdings LLC.
About 10,000 homes are permitted for the 4,500-acre Cane Bay tract off U.S. Highway 176. The neighboring 2,000-acre Wildcat Tract was bought by Cane Bay developer Gramling Brothers Real Estate & Development in 2016 and will have 5,700 homes at build-out.
Cane Bay has more than 7,000 homes on the ground in the combined tracts, according to a spokeswoman. About half of the planned houses have been built in the developing unincorporated community that will have almost 40,000 residents at full buildout. That’s more than the current population of the city of Spartanburg, the state’s 12th largest municipality, per Post and Courier.
At full buildout, the 6,600-acre Watson Hill tract is slated to have 1,000 houses.
Gena Glaze
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