Paramount Development Corporation

Paramount Development Corporation is a real estate developer in Myrtle Beach, SC, located at 607 Briarwood Dr. The company is a leading developer of single-tenant freestanding sites and anchored retail shopping centers across the eastern United States. With over 30 years of experience, Paramount has developed 4 million square feet of retail space, including new retail property developments, redevelopments of existing retail centers, and various office, residential, and industrial projects. As a closely held company, the firm approaches real estate with an owner’s mindset, investing in opportunities that align with its long-term vision. The company specializes in high-impact retail centers and commercial complexes, handling every phase of development in-house. This includes identifying undervalued sites, securing strategic financing, executing precision construction, and managing assets to optimize performance. The team leverages diverse backgrounds in real estate development, construction, finance, and brokerage to approach projects with unique perspectives. Paramount maintains strong relationships with lenders, which supports project success even during economic changes.

Notable projects include the Inlet Square Mall Redevelopment in Murrells Inlet, SC, a high-growth community within the Myrtle Beach metropolitan statistical area. The firm also developed Foxcroft Towne Center in West Virginia, a regional shopping center transformed from an enclosed mall to an open-air mixed-use center featuring anchors such as Walmart, Hobby Lobby, and Grand Home Furnishings. Other developments include Bayshore Commons in Wilmington, North Carolina, a 270,000-square-foot shopping center anchored by a Super Wal-Mart, and Orrick Commons in Winchester, Virginia, a Food Lion-anchored center in a rapidly growing sector. The portfolio also features East Park Plaza in Cleveland Township, North Carolina, a 250,000-square-foot development anchored by a new Wal-Mart Super Center.

Paramount Development Corporation holds a rating of 4.5 based on 14 reviews. The company’s extensive experience and in-house capabilities allow it to manage complex development phases from site selection to property management. Its portfolio demonstrates a consistent ability to deliver high-impact retail destinations that serve growing communities.

Paramount Development Corporation brings decades of development expertise to the commercial real estate market in Myrtle Beach, delivering lasting value through its diverse portfolio of retail and mixed-use properties.

The business is located on Briarwood Dr, just steps from North Kings Highway and about a quarter mile from the Briarwood neighborhood. It sits roughly half a mile from The Forest and under a mile from Long Pond and Kings Road.

BizScoreAI gives Paramount Development Corporation a Content Quality score of 100 out of 100, meaning its website clearly answers customer questions and provides content that AI assistants can quote directly. The company achieves a Performance score of 77 out of 100. Additionally, the firm ranks number 2 of 7 Real estate developer businesses that BizScoreAI has scored in Myrtle Beach.

Services:

• Asset Management
• Commercial Complexes
• Construction Management
• Property Redevelopment
• Retail Space Development