Family purchases Hammock Shops
03/31/2014 11:31 AM
04/01/2014 6:18 AM
The longest-tenured tenant in the Hammock Shops in Pawleys Island said he’s delighted with the sale of the property to a Charleston family with strong ties to the Waccamaw Neck.
Jodi (O’Hara) Truluck grew up in Pawleys Island, and her husband said Monday she was influential in his family’s purchase of the development, a staple in the area since the 1930s.
According to Georgetown County records, the family paid $6.1 million for the Hammock Shops, which was valued at $4,076,600 on the county’s books.
“It’s a neat piece of property,” said Brad Truluck, one of the family members.
John Henry, owner of Whitmire Fine Jewelry, said he remembers Jodi Truluck being around the shopping village a lot as a child, and he hopes that Truluck Properties, which will manage the property, restores it to what it used to be.
“It was a different place,” said Henry, who moved his jewelry business into the village in 1977. “It was magical here.”
Henry described the grounds as being like a botanical garden, and said he feels confident that the Truluck family will work to make it that way again.
Indeed, Truluck said his company already is seeking bids from landscapers and he wants them to start on the project as soon as possible. Additionally, Truluck said his company will do other things such as repair roofs that need it.
Truluck said the family heard about three months ago that South Neck Properties, which owned the village since 2000, wanted to sell. The deal was finalized Wednesday.
The Hammock Shops are a landmark along U.S. 17 in Pawleys Island. The shopping complex was first developed by the Lachicotte family and placed next to the highway in 1938. Shops in the village are in a variety of small structures that vary in architectural style from residential-like buildings to an old-time country store. The village is heavily shaded by live oak and other trees.
There are about 25 shops in the village, including Whitmire, Pawleys Island Mercantile, Coastal Wine Boutique and The Original Hammock Shop.
Truluck said he doesn’t plan to raise rent.
Henry said he’s also confident that the Trulucks will maintain, and perhaps elevate, the quality of merchandise sold in the village.
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