Hudson Capital Properties Plans 194-Unit Active Adult Community in Myrtle Beach, South Carolina

MYRTLE BEACH, S.C. — Hudson Capital Properties, a multifamily real estate investment and development firm focused on value-added acquisitions in the Southeast, has unveiled plans for The Retreat at Coastal Grand in Myrtle Beach.

The high-end community, designed for 55-and-older residents, will feature 194 one-and two-bedroom residences. Construction is currently underway, but a timeline for completion was not released.

Hudson is partnering with GHK Cape Fear Development and C&S Commercial Properties on the project.

“With the combination of low taxes, reduced cost of living and warm weather, Myrtle Beach is becoming a popular and prime retirement destination,” says Robert B. Cohen, II, chief investment officer of Hudson. “We are excited to enter the active adult housing market because we see a great opportunity to appeal to seniors as they seek to balance their active lifestyle and evolving economic and healthcare requirements.”