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DUNCAN, S.C. — Panattoni Development Co. Inc. and PCCP LLC have formed a joint venture to develop Apple Valley Industrial Park Phase IV, a two-building, 522,670-square-foot industrial project in Duncan. Building I will span 195,000 square feet and Building II will span 327,670 square feet. Construction began May 1 with a delivery date anticipated for early 2020. Phase IV is situated adjacent to the first three phases of the industrial park, which will span 1.4 million square feet at full buildout. Apple Valley Industrial Park is situated near Interstate 85, two miles south of BMW’s manufacturing facility in Spartanburg and six miles south of Inland Port Greer.