Gov. Henry McMaster’s newly released executive budget includes $10 million for the downtown Myrtle Beach.
It is unclear what the $10 million in state funds would be used for in downtown Myrtle Beach, which documents from the governor’s office called “an economic engine” for the state, but it is clear the city intends on moving the Pelicans Baseball stadium at a cost of approaching $100 million.
Several new businesses and initiatives have been introduced to Myrtle Beach’s downtown area as part of the city’s Arts & Innovation District project in the past few years. The city spent over $32 million in land purchases along 7th and 8th avenues.
Horry County owns the baseball stadium, along with the city, so a request for funding from Horry County Government is likely coming as well.
The City of Myrtle Beach expressed its satisfaction with the Governor’s proposed budget, which includes backing for our endeavors downtown, particularly in the Arts & Innovation District,” stated a spokesperson from the city. “We are pleased that the Governor acknowledges the significance of these initiatives for both our community and visitors. With Myrtle Beach being a major contributor to the state’s economy through tourism, this funding would aid our endeavors and ultimately benefit the state’s finances. We are hopeful that the General Assembly will approve the Governor’s request for funding.“
In the spring, the South Carolina General Assembly will vote on the state’s budget. The General Assembly is not required to consider the Governor’s request. The legislature completely controls the budget process in S.C.