Tuesday, August 6, 2013
MeadWestvaco Corporation (NYSE: MWV), announced today that Raleigh-based, Carolina Ale House has signed a purchase agreement to acquire a site in the first phase of Nexton along Highway 17A. The regional favorite is expected to break ground in October and open in the spring of 2014.
“With a 100,000-square-foot Class A office building under construction and the new SCRA facility set to break ground later this year, we are pleased to secure a fun restaurant ideal for informal business lunches, gathering with friends after work, or enjoying an evening out with family,“ commented Kenneth T. Seeger, president, MWV Community Development and Land Management. “Carolina Ale House is just the first of many regional favorites looking to make Nexton their home.”
Nexton is actively recruiting retailers and restaurateurs and has secured NAIAvant as the broker for Nexton’s retail district. For more information on locating a business in Nexton, contact Thomas Boulware or Dexter Rumsey at 843.720.4944.
Nexton is coming to life at I-26 and Highway 17A in Summerville, South Carolina, at the heart of metro Charleston’s most vibrant growth. It’s a place where businesses, homes, shops, restaurants and schools are just a stroll or a short bike ride from each other. Where the entire community is interlaced with parks, trails and nature. And where leading-edge technology brings the rest of the world closer. Read more at nextonsc.com
MeadWestvaco Corporation (NYSE:MWV) is a global packaging company providing innovative solutions to the world’s most admired brands in the healthcare, beauty and personal care, food, beverage, home and garden, tobacco, and agricultural industries. The company also produces specialty chemicals for the automotive, energy, and infrastructure industries and maximizes the value of its land holdings through forestry operations, property development and land sales. MWV’s network of 125 facilities and 16,000 employees spans North America, South America, Europe and Asia. The company has been recognized for financial performance and environmental stewardship with a place on the Dow Jones Sustainability World Index every year since 2005. Learn more at www.mwv.com.
About Carolina Ale House
Carolina Ale House is the better alternative to a typical sports bar with scratch made food, high quality bar choices and a locally-focused, hospitable environment. Its high-energy atmosphere, especially during big game days, and the multitude of TVs makes it the ultimate meeting place for Food, Sports & Fun. The group currently operates 21 locations; six locations in the Triangle, locations in Wilmington, Fayetteville, Greenville, Charlotte and Jacksonville, NC, a small outlet in Terminal 2 of RDU International Airport, four locations South Carolina, one in Georgia and three in South Florida. The concept is expanding throughout the south east and expected to open six locations in the next 18 months.
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