Palmetto Dunes, SC
The company's first major development acquisition was Palmetto Dunes on Hilton Head Island, South Carolina in November 1979. Under Greenwood Development's direction, the 2,000-acre oceanfront property with three miles of oceanfront and a 25-mile lagoon system was developed into the island's most complete resort and residential community. In 2003, Palmetto Dunes was named the "Number One Family Resort in the US" by Travel + Leisure Family magazine.

Palmetto Dunes features three award-winning championship golf courses (Robert Trent Jones Oceanfront, Arthur Hills and George Fazio), an award-winning tennis center, two world-class oceanfront hotels, an array of sophisticated shops and restaurants, and a full spectrum of homes and villas that cater to both the resort visitor and the permanent resident. The resort is also home to PalmettoDunes Outfitters, opened by Greenwood Development in 2005. The adventure headquarters situated on the resort's extensive lagoon system rents kayaks, bikes, canoes, beach and fishing gear, as well as conducts nature tours, fishing charters, and lessons.

Shelter Cove Harbour
Adjacent to Palmetto Dunes is Shelter Cove Harbour, which features Hilton Head Island's largest deep-water marina. Surrounding the harbour is a unique Mediterranean-style village with quaint shops, galleries and restaurants. During the summer months, Shelter Cove is alive with nightly, family-oriented entertainment including colorful arts and crafts bazaars, live music and spectacular fireworks displays.