Cost Seg Building

A Blog About Tax Savings for Building Owners

Tag: Commercial Development

Panera Bread Coming to Anderson – 1702 E. Greenville, Anderson, SC

February 25, 2025 / / 0 Comments
Panera Bread Anderson, SC – Photo Credit Garrison Smith and Zane Landwerlen, McCoy Wright

Panera Bread continues to expand in the Upstate of South Carolina and will soon be opening a new store later this year in Anderson, SC.

Garrison Smith and Zane Landwerlen of McCoy Wright announced on LinkedIn that the Freddys will be converted to a new Panera Bread. The address is 1702 E. Greenville St., Anderson, SC 29621.

Freddys building was about 2,700 SF and sits on an acre lot. This property just closed in January 2025 for $1,725,000.

I’m a Panera Sip Club member so it’s always nice to have more places where I can stop in and grab a coffee or lemonade as I’m out and about studying commercial property.

California Eliminates Parking Lot Minimums for New Develpments

January 16, 2023 /
Photo Credit – John Murphy, Cost Seg Building

There is a movement afoot in the U.S. for some cities and now even states eliminating parking lot minimums when it comes to new development or redevelopment projects. California has now officially banned parking minimums.

Given the high cost of development and land, this makes sense to allow the developers to put more toward the building itself rather than allocate additional space for parking to meet an arbitary requirement by a city or county council. That said, America hasn’t given up cars yet and people still need parking. It will be interesting to see how this evolves over time.

I can imagine that some developments will scale back too much and word will get out that those developments are hard to get in and out of and may deter customers from showing up. I guess we’ll see how this goes. My guess is we won’t have a good read on this for at least 10 years.

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