CHARLESTON, SC-Construction of the first phase of Cross Creek Village, a mixed-use development on Folly Road on James Island, has started. The project, which is being developed by locally based Anchor Commercial/Corfac International, will include retail, medical office and future residential space.

Anchor Commercial principal Milton Thomas III is overseeing the development and Will Sherrod II, of Anchor, is the exclusive leasing and marketing agent. Sherrod tells GlobeSt.com that the project costs have not been released, but it is a multimillion-dollar project.

The first phase of the project, expected to be completed in April 2009, includes a 66,739-sf, three-story building which consists of ground-floor retail spaces ranging from 1,272 sf to 13,174 sf. Roper St. Francis Hospital will open an outpatient surgery center and associated diagnostics in 2009 on the second floor of the building. The third floor will contain office medical spaces ranging from 1,383 sf to 18,000 sf.

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