SCJEDA

Success Stories

Upper Palmetto YMCA

success YMCA upper palmetto

Project Size:

$14 million

Jobs Created/Retained

Retains 476 existing jobs

Bond Type

SC JEDA Economic Development Industrial Revenue Bond

The Upper Palmetto YMCA organization consists of nine branches throughout York, Lancaster and Chester counties, which consists of the Charlotte Avenue branch, Chester County branch, Clover branch, Fort Mill branch, York branch, Gold Hill branch, Rock Hill Aquatics Center, YMCA at Carolina Crossing, and the Wellness Center in Rock Hill.

Proceeds of the $14 million JEDA bonds were used primarily to refund prior bonds used for the purchase, renovations, improvements and to equip various facilities in their organization. In addition, the bonds were used to refinance prior conventional loans for improvements at the Gold Hill, Clover and York facilities and to finance the Carolina Crossing acquisition.

A total of 476 people work for the organization, including administrators, maintenance staff, fitness instructors, referees and athletic league officials, lifeguards and swim instructors, and childcare counselors.