Sanctuary Pointe looks for “a trigger”

November 9, 2013

On a Lake Keowee peninsula Saturday the talk was about what’s in store for a Lake Hartwell peninsula. El Henry, one of the master developers for Sanctuary Pointe, gave a rare public presentation on where he and his partners stand in starting a mixed-use hospitality resort development on 325 acres that have been sub-leased from the state. In front of Advocates for Quality Development members, Henry said a meeting is to take place this week in Atlanta with potential investors. He described a commitment from investors as key to Sanctuary Pointe securing the 4-star hotel and conference center. “I call it the anchor store because that’s the key to the start of the whole project,” Henry said. When asked further what’s going to trigger the project’s start, he said it’ll be the economy. “Whether it’s here in our economy locally, or whether it’s in Washington,…that’s probably the biggest drag on our direction,” he said. The timing,Henry says, is subject to the economy moving  forward.

 

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