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Lodge and Legend: Volume 2 • Issue 1

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THE LEGEND OF THE LODGE<br />

too expensive or too commercial. Edmund was looking<br />

for something off the beaten path, but not too far from<br />

the existing address of Haywood Road. For those of you<br />

familiar with the current Greenville commercial real estate<br />

market, you know how difficult it has become to find<br />

undeveloped l<strong>and</strong> close to town!<br />

In looking at various sites, they would drag along some of<br />

their de facto board of directors, old friends <strong>and</strong> patrons<br />

whom the Woos looked to for advice <strong>and</strong> guidance over<br />

the years. One of these advisors was Will McCauley, owner<br />

of Creative Builders, South Carolina’s largest homegrown<br />

contractor, who had done the leasehold improvements of<br />

the original Saskatoon.<br />

After going on several such property searches <strong>and</strong> having<br />

to tell Edmund none of them would work for all the Woos<br />

wanted to accomplish, Will decided to introduce Edmund<br />

to Rick Sumerel, who was running Verdae Development<br />

which represented the vast real estate holdings (many<br />

located in the Haywood/Woodruff Road corridor) of<br />

Hollingsworth Funds.<br />

Edmund sat down with Will <strong>and</strong> Rick <strong>and</strong> looked at the<br />

map for the Verdae development, under the vision that<br />

Rick had for the Verdae community. In addition to a vast<br />

offering of houses, condos <strong>and</strong> apartments, Hollingsworth<br />

Funds was developing many mixed-use buildings, <strong>and</strong><br />

other restaurants <strong>and</strong> shops to enrich the community.<br />

“We were very excited about the prospect of being<br />

involved in what Verdae was doing. So we looked at<br />

everything they had available,” Edmund recounts. “Rick<br />

had several of these giant property plat maps in their<br />

corporate offices. I would go pester him <strong>and</strong> we would<br />

st<strong>and</strong> in front of these maps <strong>and</strong> I would ask him about<br />

this piece of l<strong>and</strong> or that one. Then I would go look at<br />

them <strong>and</strong> come back <strong>and</strong> make an offer. But we just<br />

couldn’t seem to get together on a deal for any of them<br />

that made sense to either of us.”<br />

Nothing that was available was affordable or large<br />

enough. Edmund had just about given up hope of ever<br />

finding the right piece of l<strong>and</strong> or building, when along<br />

came Patrick Wilson.<br />

Patrick was the retired general manager of the Embassy<br />

Suites property in Verdae. He was also one of the Woo’s<br />

advisors <strong>and</strong> would also go along on the various property<br />

inspections of possible locations.<br />

Patrick had run into Rick Sumerel (they had known each<br />

other for a long time) <strong>and</strong> mentioned he was helping the<br />

Woos in their property search. Patrick discussed all of<br />

the challenges with finding the right property. Rick, in a<br />

moment of inspiration said that there was a property that<br />

he had not thought of previously that possibly Edmund<br />

should go look at. He frankly didn’t think Edmund would<br />

be interested because of all of its challenges, including<br />

flood plains <strong>and</strong> proximity to wetl<strong>and</strong>s.<br />

However, just to mark all possibilities of the list, he gave<br />

the address to Patrick so he could go look at it. After<br />

taking a look, Patrick agreed with Rick that it would be<br />

way too much of a challenge, but thought that Edmund<br />

should be the one to say no.<br />

So, on a hot day, Edmund went to look at the property.<br />

“Besides the flood plains <strong>and</strong> the wet l<strong>and</strong>s, it was covered<br />

with kudzu <strong>and</strong> overgrown brush <strong>and</strong> marsh,” says<br />

Edmund. “It was a very unattractive piece of l<strong>and</strong>…but as I<br />

was running out of options, I looked at it <strong>and</strong> thought, this<br />

might be our only chance.”<br />

TO BE CONTINUED<br />

IN THE NEXT ISSUE<br />

5

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