Cone Mills Acquisition Group is moving forward with a massive multifamily development in Greenville County, pulling 15 commercial new construction permits with a combined declared value of roughly $67.1 million. The project, called Venture on the Trail, spans multiple street addresses across what appears to be a sizable residential community, with permits issued between July and September 2026.

What the Permits Show

The 15 permits break down into distinct building clusters. Four E-type buildings — at 8000 Cedarwood Lane, 5000 Hillside Trail, 4000 Hillside Trail, and 7000 Wildleaf Court — carry the highest individual valuations at approximately $5.8 million each, totaling about $23.2 million. Four G-type buildings follow closely, valued at roughly $5.4 million apiece and located at addresses including 6000 Wildleaf Court, 1000 Marais Trail, and 9000 Cedarwood Lane, combining for about $21.7 million. Three D-type buildings at 12000, 11000, and 3000 Marais Trail come in at approximately $4.2 million each, while two H-type buildings at 2000 Marais Trail and 13000 are valued at about $3.4 million each.

The development also includes a $2.8 million amenity building at 1000 Union Mill and a temporary construction office permit at 301 Alston St., suggesting the project is in its early construction phases. KNR Electrical Services INC serves as the listed contractor on 13 of the 15 permits, while Samet Corporation is named on the amenity building and the temporary construction office. All permits carry an issued status, with the bulk receiving approval on September 1, 2026, and earlier permits dating to August 19 and July 9.

The permit descriptions reference "Neighborhood 0," indicating this may represent just the first phase of a larger planned community. The temporary construction office permit specifically labels the work as "Phase 1."

Why It Matters

A $67.1 million multifamily project of this scale represents one of the larger residential developments currently moving through the Greenville County permit pipeline. With 14 residential buildings and a dedicated amenity building, Venture on the Trail will deliver a substantial block of new housing inventory to the area. The Phase 1 designation in the construction office permit suggests additional buildings could follow, potentially making this an even larger project over time. For contractors and suppliers in the region, the concentration of permits under KNR Electrical Services INC and Samet Corporation points to a tightly organized buildout with construction activity likely to ramp up through the fall.