Burroughs & Chapin Co. Inc., owner of The Pavilion, hasn't released details yet as to what will replace the 58-year-old park, except that it will likely be a mix of residences, stores, restaurants and something that will "wow" people.
The company has said the timetable will be based on Myrtle Beach's progress in building a $10 million, mile-long boardwalk.
A 48,000-square-foot Bi-Lo supermarket that will anchor Barefoot Commons - a new shopping center - will replace the Grand Prix.
In addition to the Bi-Lo, Barefoot Commons is expected to contain restaurants, small retail shops and other specialty stores. Opening is scheduled for August or September.