Officials on behalf of Cason Development Group announced Wednesday that the company has acquired one of the main corners in Columbia's Five Points, at Harden and Devine streets.
Cason bought the property for future redevelopment, and officials are evaluating long-term plans for the 5,200 sq.-ft. property. The structures currently house Men's Wearhouse at 701 Harden St., the Carolina Barber Shop at 2021 Devine St., and Sushi Yoshi at 2019 Devine St.
Officials said no immediate changes will be made to the preexisting businesses within the acquired property.
“We have a long-term outlook on Five Points,” said Taylor Wolfe, a developer with Cason Development Group. “Investing in Five Points is something we want to continue to do, and with the city’s focus and tax credits that are available we believe we have the tools necessary to be a part of that positive shift.”
Harden and Devine streets intersect with Saluda and Santee avenues to create one of the two star-shaped five point intersections that give the urban community its name.
"The fact that it's one of the actual Five Points spurred our interest in the property," Wolfe said.
President of Cason Development Group, Frank Cason, said the acquisition has personal significance for him. "I grew up going to Sharpe's Formal Wear (now Men's Wearhouse) and my grandfather began taking me to the Carolina Barber Shop when I was a kid. This is an important corner to us and to Columbia," he said.
This is Cason's second Five Points acquisition, after the purchase of 732 Saluda Ave., in late 2019 for redevelopment.