City of Orangeburg City Council Minutes 2026-04-21
City Advances Property Transfer to Hexagon Group
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Description
The City approved the first reading of an ordinance to transfer and incentivize two downtown properties to The Hexagon Group for mixed-use development, including apartments and retail spaces. The developer must start construction within two years and complete within four.
Contract Details
Contract Amount
5% of property tax appraisal value for each property
Vendor
HEXAGON GROUP
Agency
City of Orangeburg, SC
Contract Type
OTHER
Document Date
April 21, 2026
Contract Term
Begin construction within two years; substantially complete within four years
Renewal Info
Reversionary clause allows city to repurchase if developer fails to perform within timeline. No explicit renewal or auto-extension; term defined by project progress.
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