// 5 min Read

Southstreet Partners Assume Control of Palmetto Bluff Club

Written by Palmetto Bluff

Feb 24, 2022

PALMETTO BLUFF, S.C., February 2022 – Southstreet Partners (“Southstreet”), the largest developer and operator of private residential club communities in the Southeast – owners of the Kiawah Island Club and Kiawah Island Real Estate, The Cliffs, Residences at Salamander and Palmetto Bluff – are excited to announce they have assumed control of the Palmetto Bluff Club. Southstreet purchased the storied 20,000-acre property in June 2021 in a joint venture with Henderson Park Capital.


Southstreet’s investment and development experience, especially in the luxury marketplace, provides the opportunity to impact and improve every aspect of a project from concept, through to execution and operations. Retaining much of the existing Palmetto Bluff operations team and complemented by key new hires, Southstreet will integrate a slate of unique, high-level programs and amenities to augment the incredible Club, lifestyle, and real estate offerings Palmetto Bluff is known for. By delivering exceptional operating results, the enhanced member experience will drive value across the real estate spectrum.


To oversee the next phase of this growth, experienced club executive Jeff Dekruif has been hired as the Palmetto Bluff Club’s General Manager. With many years of experience in General Management, Golf Operations, Food & Beverage, and Finance at notable club communities – including Berkeley Hall Club in Bluffton and Blackhawk Country Club in Danville, California – Jeff is known as an influential and mindful leader with a servant’s heart for hospitality, a passion for the golf industry, and a commitment to making a difference in the lives of others.


Chef Rhy Waddington has been named new Culinary Director of the Palmetto Bluff Club, coming from the Winged Foot Golf Club, where he was the first chef from a private club to be invited to cook for the membership of the renowned James Beard Foundation. Known for his devotion to the freshest ingredients from local purveyors, Rhy is thrilled to begin exploring the natural bounty of Palmetto Bluff’s vast property and the surrounding Lowcountry.


This incredible team at Palmetto Bluff Club will help shepherd in an exciting new slate of amenity additions and enhancements while ensuring Southstreet’s capital investment demonstrably raises the membership experience for all stakeholders. One of the first projects, in partnership with Rhy Waddington – an early innovator of the farm to table philosophy – will be the expansion of Palmetto Bluff’s Farm, which will include the creation of a mixed-use retail and office building, a covered pavilion, an expanded fenced garden section and a reimagined greenhouse structure with a kitchen to facilitate culinary and beverage opportunities. Along with expanding the existing farm, there are also plans for a Community Supported Agriculture box for members as well as a local philanthropic aspect. A new Clubhouse and storage barn will be built to bolster the venerated Shooting Club along with overall facility, grounds, and site improvements.


Palmetto Bluff saw another record-breaking sales year in 2021, with a $391M in closed sales versus $257M for 2020, representing a 52% increase in sales volume YOY and a staggering 372 transactions. Palmetto Bluff is also carrying over 119 transactions totaling $161M into 2022 – from contracts written in 2021 – which, combined with their closed sales, totals over a half billion dollars in executed contracts overall for Palmetto Bluff in 2021. Moreland Forest, the first developer release by Southstreet, debuted in November 2021 and sold an unprecedented 13 homesites for $12.8M on the first day of pre-release sales.


There are currently 431 homes under construction or in the Design Review Board approval process at Palmetto Bluff which represents close to $800M in residential construction investment. To support the incredible demand, and accelerate land sales while ensuring customer satisfaction, Southstreet has named Will Howard as Senior Director of Development. Currently overseeing all aspects of land development and horizontal construction for Palmetto Bluff, Will brings an unparalleled knowledge of the property into his new role along with over 25 years of experience in landscape design, construction, project management,


golf course construction, renovation, and management. For the past five years, Will has served as the Principal Planner for Land Development for the Town of Bluffton. Jason Kimes has also been hired to oversee the formation of Palmetto Bluff Builders, a home building program that will envision, entitle, and realize developments that make a lasting contribution to the Palmetto Bluff community. The first residential release of homes is slated for early summer.


About Palmetto Bluff


Palmetto Bluff is situated in the Lowcountry of South Carolina between Charleston and Savannah, Georgia. As the largest remaining waterfront property on the East Coast, Palmetto Bluff is evolving as a vibrant residential and recreational preserve enriched by wilderness and wildlife and enhanced by a commitment to conservation. The 20,000-acre property is surrounded by 32 miles of riverfront and features extensive nature trails; two vibrant Village centers complete with river access, boat storage and canoe club; a distinctive food and beverage program; the Forbes’ Five Star Montage Palmetto Bluff resort; and a Jack Nicklaus Signature Golf Course. An array of southern-style residential neighborhoods ranging from multi-million-dollar legacy family compounds to more traditionally sized, single-family lots are currently available. PalmettoBluff.com


About Southstreet Partners

Southstreet Partners is a private equity real estate investment firm headquartered in Charlotte, NC and Charleston, SC specializing in the development and management of luxury private residential club communities. Founded in 2009, Southstreet has deployed over $500 million of equity across resort, residential and commercial properties and has over $1.3 billion of assets under management. Southstreet acts as a principal investment platform as well as an operating partner and co-investor for institutional partners interested in special situations, opportunistic and value add real estate investments in the Southeastern United States as well as select continental US and international markets. SouthstreetPartners.com

palmetto bluff real estate

Real Estate / Real Estate Sales Report: Palmetto Bluff’s First Quarter Update

Real Estate in Bluffton SC: Trends, Updates, and Insights Positioned amidst the serene Lowcountry landscape of South Carolina, Palmetto Bluff stands as a beacon of luxury and natural beauty, attracting discerning homebuyers seeking an unparalleled lifestyle. ...

May 2024

Sporting Life / 7 Underrated Fly Fishing Spots in South Carolina

With its abundance of rivers, waterways, and streams, South Carolina is one of the best destinations for fly fishing in the Southeast. Not to mention, its mild weather throughout the year makes it a great place to fish all year round. Whether you are an experi...

May 2024

Real Estate / Real Estate Spotlight: 119 Hunting Lodge Rd, 151 Squash Blossom Ln, and 127 Hunting Lodge Rd

Discover These Cozy Coastal Cottages at Palmetto Bluff The Lowcountry is a place to retreat from reality and fully immerse in the serene atmosphere, which is why so many people are drawn to making it their home. There are a plethora of luxury homes in South C...

May 2024

Artist in Residence / Birds of a Feather

Photographs by Cacky Rivers and Cameron Wilder It is a sunny, cold December morning when we meet in the Conservancy classroom in Moreland Village. Everyone is well-equipped with binoculars and all manner of cameras and giant lenses. Cacky arrives last, in a r...

May 2024

Culture / Striking Gold

Photographs and Story by Joel Caldwell Marion “Rollen” Chalmers has been garnering a lot of well-deserved attention of late. Garden & Gun, the Blue Zones project, and even the TODAY show have made the trip to Rollen’s native Hardeeville, South Carolina, t...

May 2024

Culture / Local Character: Marie McConnell

Marie McConnell Director of Member relations, Palmetto Bluff Club Where are you from and how did you get here? I am from Buffalo, New York—born and raised. Go Bills! My husband and I got married at Sea Pines in Hilton Head in 2012 and fell in love with the ...

Apr 2024

Sporting Life / Saddle Up: Longfield Stables’ Trail Ride Program

Nestled amidst the tranquility of Palmetto Bluff, Longfield Stables stands as a beacon of serenity amid lush green pastures and the gentle presence of grazing horses. Its picturesque setting makes it a haven not only for the esteemed Palmetto Bluff Club Member...

Apr 2024

Conservation / Palmetto Bluff Conservancy 2024 Summer Camps

The Conservancy is looking forward to another summer of fun with our upcoming kid's programs!  Wild Child Camp and Junior Naturalist Camp will have dedicated weeks in June. Registration is $200 per child for the week. To participate, parents must fill out t...

Apr 2024

Culture / Palmetto Bluff Growing Outdoors

Photographs by Summer Pagatpatan Palmetto Bluff is a wilderness playground for families, a gateway to the outdoors, to living life close to nature. Palmetto Bluff Growing Outdoors, or PBGO, encompasses the ethos of this extraordinary place. CampGO is PBGO’...

Apr 2024

Sporting Life / A Comparison of the May River & Crossroads Golf Courses

Discover the May River and Crossroads Golf Courses at Palmetto Bluff Positioned within the enchanting Lowcountry landscape, Palmetto Bluff boasts an array of world-class amenities, with its golf courses standing as a testament to the community's commitment to...

Apr 2024
Community Villages
Palmetto Bluff Club
On The Water
The Arts Initiative
About Us