Coldwell Banker Chicora Real Estate has grown to the company it is today through a continuing process of business evolution. Internal as well as external forces have contributed to its current position as a predominate full service real estate organization in the Myrtle Beach area.
Organized in April 1972 by Tim Jemison and Paul Malone, both former members of the Arvida management team in Boca Raton, Florida, the company's early business activities consisted primarily of contracts for planned community marketing and sales along with condominium management responsibilities in the Grand Strand area. Chicora then earned a reputation for integrity and strength in the real estate industry by successfully handling numerous real estate asset management contracts for financial organizations such as the North Carolina National Bank, First Union Corporation and Mellon Bank N.A. as well as the International Paper Corporation. Company services were offered on properties as distant as Boca Raton, Hilton Head, Atlanta and Charlotte.
Development related endeavors were initiated by Chicora's acquisition and completion of the second phase of Briarcliffe West and the introduction of BriarWood, the first true zero lot line patio home community in the Myrtle Beach area. The company later entered a joint venture with the John Crosland Company of Charlotte for the development of Woodlake Village, the Grand Strand's first community that was planned exclusively for sale to retirees. Resort development endeavors included Sea Winds and Beach Colony condominium properties along with Indian Wells Golf Villas. The Chicora related companies of Springfield Development LLC and Brook Construction LLC have now created a number of communities such as Ashton Glenn, Hillsborough, SouthWood, Springfield, Collins Glenn, Cottages at Tilghman Beach, Cottages on Farrow Parkway, and The Oaks with more than a thousand homeowners. Commercial development has included the Briarwood Office Park and the Wicked Stick Golf Links.
In 1999, Messrs. Jemison and Malone officially retired - although they remain active to this day. Under the direction of the new CEO and President, Don Smith, real estate franchising was thoroughly examined and a decision was made to merge with the Coldwell Banker Roberts Agency to form Coldwell Banker Chicora Real Estate LLC. The new organization immediately became the largest real estate broker on the Carolina Coast and is among the top national performers in the Coldwell Banker franchise system. Gary Roberts remained as a vice president and principal in the combined company and is responsible for the Commercial Sales Division.
Today, Coldwell Banker Chicora and affiliated companies have grown to more than two hundred real estate professionals staffing 15 offices between Little River and Georgetown, SC responsible for planning, development, sales, financial management and property supervision of over sixty communities with more than 7500 dwelling units. More than 1700 individual properties with a value of nearly $228,000,000 are currently listed for sale by the Coldwell Banker Chicora sales staff.
Throughout the years, company personnel have filled leadership positions in all areas of the community including Better Business Bureau, Chamber of Commerce, Coastal Carolina University, United Way and the Waccamaw Community Foundation as well as professional talent shared in numerous positions in the Coastal Carolinas Association of Realtors and Horry Georgetown Home Builders Association. Staff members contribute regularly to United Way, the American Red Cross and Habitat for Humanity.
The future will offer further evolution of employing our real estate knowledge and technology to an increasingly sophisticated and permanent Myrtle Beach area. The changes to be witnessed in our community during the next quarter century will surpass those that we have already witnessed. The company and its personnel will be prepared to stay abreast of these changing demands and business opportunities to allow for a continuing environment of successful business careers and client satisfaction.