Welcome to Invest Local, a series in which we’re shining a light on ways Greenvillians can invest their time, talent, and treasure — locally.
Today, we’re taking a look at one of Greenville’s newest financial investment opportunities, Union House.
Did you know~85,000 GVL-area households are at 80% AMI (read: area median income) or below? Of that group, ~46,000 are housing cost-burdenedwith young renters — the most likely to face issues with affordability. It’s no secret that GVL is suffering from a lack of affordable housing capacity, especially for single residents who desire to live downtown.
Enter: Vicinity, a platform dedicated to connecting local ventures with local investors. Their latest project, Union House, will help meet this need, offering rent prices starting at $700.
The separate communal space includes a large kitchen, living room, and dining area. | Photo provided by Vicinity
Union House will be the first single-family development purpose-built for communal living. Its unique designs will offer affordable housing for multi-family tenants within the constructs of single-family home construction. More on that in a second.
This efficient layout allows for residents to live in the community with their neighbors while providing low-cost, high-quality spaces.
How it works
Union House is reimagining affordable housing. Each home will have two distinct sections connected by a stairwell/entry hall, allowing a resident to choose between entering the public space or going straight to their private space.
Individual bedrooms are also laid out in a way that each resident only shares a floor with one other bedroom.
Bonus: Each home is all-inclusive with fully furnished living spaces and a shared outdoor area. Each home will include:
Flexible leases will range from $700-1,200 per month, with a flat monthly fee for utilities, internet, cleaning, and furniture.
Custom floor plans were created by Boyd Architects out of Charleston, SC. | Photo provided by Vicinity
Low investment minimums
15% target IRR (read: internal rate of return) with a target 3-5 year hold period
New business model that plans for strong profit potential alongside positive community impact
Veteran leadership with 15 years of complex real estate + private equity projects
Greer Farmers Market Tuesdays in Town | Tues., June 28 | 4:30-7:30 p.m. | 301 E. Poinsett St., Greer | Free entry | Check out this weekly farmers market for food trucks, produce + local goods –- plus a bread and honey festival. 🍯
Greenville Clemson Club Summer Social | Tues., June 28 | 5:30-7 p.m. | Warehouse at Vaughn’s, 109 W. Trade St., Simpsonville | Free entry | Network with your fellow Clemson alumni + play music bingo. 🐅
Greenville Triumph vs. North Carolina FC | Wed., June 29 | 7 p.m. | Triumph Stadium at Legacy Early College, 900 Woodside Ave. | $13+ | Cheer for the Triumph as they take on the North Carolina Football Club. ⚽
Yoga + Smoothie Event | Wed., June 29 | 6:30-7:30 a.m. | Venture X Greenville – Plush Mills, 141 Traction St. | $25 | Start your morning with an energizing yoga flow + a smoothie from Tasty As Fit. 🥤
Up Schitt’s Creek for Pride | Thurs., June 30 | 6-9 p.m. | Traveler’s Taproom, 2624 Poinsett Hwy. | Free entry | Step into Café Tropical from “Schitt’s Creek” where you can shop a pop-up LGBTQIA+ market, participate in a costume contest + more. 🌴
Everclear’s 30th Anniversary Tour | Fri., July 1 | 6 p.m.-12 a.m. | Cowboy Up, 701 Easley Bridge Rd., Unit 6030 | $30 | Get ready to belt “Santa Monica,” “Father of Mine,” and “Wonderful” with Everclear + special guests The Nixons + Fastball.
Greenville Reptile Expo | Sat., July 2 + Sun., July 3 | Times vary | Embassy Suites by Hilton Greenville Golf Resort and Conference Center, 670 Verdae Blvd. | $10+ | Learn about all kinds of reptiles — free entry for kids 12 and under. 🐊
Greenville Drive vs. Rome Braves | Sun., July 3 | 6:05 p.m. | Fluor Field at the West End | $9+ | Join the Greenville Drive in honoring military members and celebrating our independence with food, fun + fireworks. 🇺🇸
Celebrate Simpsonville | Sun., July 3 | 6-10 p.m. | CCNB Amphitheatre at Heritage Park, Simpsonville | Free entry | Grab some food and drinks, enjoy a fireworks show + dance your heart out with Village People, the musicians behind the song “Y.M.C.A.”
We have amonthly guide filled with events + activities you can plan for in advance. Click the button below to bookmark ideas for upcoming date nights, family outings, and time with friends.
One winner will receive a YETI Hopper Flip 8 with two 10-ounce YETI Ramblers in limited-edition Alpine Yellow (valued at $250). | Photo provided by A Child’s Haven
The second annual TD SYNNEX Share the Magic Clay Shoot Fundraiser, hosted by A Child’s Haven, is happening on Thurs., Sept. 22 at the Clinton House Plantation in Clinton, SC.
Teams of four ($500) who sign up by Thurs., July 14 will be entered to win a YETI gift package (use code GVLtoday). The winner will be announced on Fri., July 15 at 5 p.m. Bonus: All proceeds from the event will benefit four Upstate children’s charities.*
Taco Burger Tuesday, anyone? Windy City Burgers (12 E. Coffee St.)opens today, Tues., June 28 at 4 p.m. While the new spot places an emphasis on ordering to-go, you’ll find both indoor + outdoor seating. You feta believe we’re going for the Bernard burger first.
Have you botany plants lately? Grab some at Roots before it closes Sat., July 2 for a move + rebrand. The plant andflower shop, located at 2249 Augusta St., will relocate down the street (2222 Augusta St.) this fall and change its name to the Nested Fig Garden. You can still shop local in its online marketplace. 🌱
This is wild. The Greenville Zoo was named Tripadvisor’s “Travelers’ Choice 2022” for consistently earning positive reviews from visitors + being in the top 10% of properties on the site. It’s the first time the zoo has received the honor. Peep the new green badge on the zoo’s Tripadvisor page. 🦒
Greenville-Spartanburg International Airport is offering a new way to get through airport security more quickly. CLEAR, a security identity company, will offer an expedited identity verification + a designated lane to get through the TSA checkpoint. GSP is CLEAR’s 44th airport in the US and its first in the Carolinas. ✈️
Let’s head to the mountains. Discover South Carolina called the Upstate “a beautiful wilderness playground” in its “Classic Summer Vacation in the Mountains” guide. From the Lake Jocassee to the Mountain Bridge Wilderness Area, it shouted out activities to take your mountain vacation to the next level. ⛰️
A local, self-taught artist has a gallery on display at Unity Park this summer. April W. Harrison’s pieces, rooted in African American tradition, can be seen at the Prisma Health Welcome Center (111 Welborn St.) until mid-August.
The Greenville Liberty have their last home match of the regular season tonight, Tues., June 28 at 7 p.m., and they’re entering the match undefeated. The team hopes to win the South Atlantic division title. After tonight’s match, they’ll hit the road for two more to round out the season. ⚽
We want to wish a happy birthday to our teammate Dalton, 6AM City Creative Director. Know someone who deserves a shoutout? You can purchase a Celebrate listing + make their morning a little bit brighter. Happy birthday, Dalton!
Skip the meal hassle with Sunbasket, a meal kit delivery service that makes healthy eating beyond easy. Sunbasket offers 10 different meal plans that work for those with dietary preferences and specific restrictions (think: paleo, gluten-free, veg, diabetes-friendly + more). Bonus: Sign up for $100 off your first four deliveries. 🫑 *
A wellness message from our sponsor
According to cardiologist Dr. Steven Gundry, MD, if you’re looking to improve your heart health and shed a few extra pounds along the way, you don’t need to add anything to your diet. Instead, he recommends removing one basic ingredient— which is probably in your fridge right now.*
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As you take in the views along the Prisma Health Swamp Rabbit Trail, consider a pit stop at the Lakeview Link to peep the new trail kiosk.
Not only does the new kiosk feature a map of the SRT network, but it also tells the story of the Altamont Road climb of Paris Mountain.
Lakeview Link connects the Green Line of the SRT to Old Buncombe Road, which cyclists use to reach Altamont Road and start their climb up Paris Mountain, one frequented by professional cyclists like Christian Vande Velde + George Hincapie.
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