2016 commercial market forecast | development update

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DEVELOPMENT REPORT City of Charleston Mayor John Tecklenburg

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Page 1: 2016 Commercial Market Forecast | Development Update

DEVELOPMENT REPORT

City of CharlestonMayor John Tecklenburg

Page 2: 2016 Commercial Market Forecast | Development Update
Page 3: 2016 Commercial Market Forecast | Development Update

Name Address Description

Cambria Hotel 61 Connector New hotel

35 Folly Luxury Apts. 35 Folly Rd New apartment complex

West Ashley Farmers Market 55 Sycamore Ave New community event & gathering space

Avondale Center 720 Magnolia Rd Creative & tech work center

Greystar Luxury Senior Living Coburg Rd New senior apartment complex

Whole Foods 975 Savannah Hwy New grocery store & retail outparcels

Hendrick’s Honda & Hyundai Savannah Hwy Complete redevelopment of former Kmart site

Home2 Suites Savannah Hwy New hotel

Dupont|Wappoo Planning Area Area between Wappoo & Dupont Rd

Job center & entrepreneurial district

Ashley Oaks Shopping Center 1119 Wappoo Road Renovations of commercial center

Westwood Plaza & Harris Teeter 1812 Sam Rittenberg Blvd New grocery store & renovations of commercial center

Ashley Landing Shopping Center 1401 Sam Rittenberg Blvd Renovations of commercial center: Starbucks, Frothy Beard Brewing, PUSH Digital, & retail outparcel

Lewis Waring Senior Center Henry Tecklenburg Blvd New senior center

Senior Assisted Living Facilities Glenn McConnell Pkwy New senior living apartments

West Ashley Circle Harris Teeter West Ashley Circle New grocery store & retail outparcels

Bees Ferry Retail Bees Ferry Rd at Shadowmoss Pkwy

Neighborhood commercial center

Page 4: 2016 Commercial Market Forecast | Development Update

PE

NIN

SULA

DEV

ELO

PMEN

TS

Page 5: 2016 Commercial Market Forecast | Development Update

# Name Address Description

1 East Central Lofts Phase I 274 Huger St Residential building with ground floor commercial space containing 72 units, 15% workforce housing units.

2 Aloft/Element Hotel 600 Meeting St A 178 room hotel with 39,000 sf of office, retail, rooftop restaurant and attached parking deck

3 Brigade St Apts. 107 Brigade St Mixed use community with 275 residential units and some commercial space, 15% workforce housing units

4 East Central Lofts Phase II 601 Meeting St Mixed use community with ground floor commercial space and 260 residential units, 15% workforce housing units

5 229 Huger St 229 Huger St Four story office building

6 Palmetto Brewery Apts 287 Huger St Mixed use community with 194 residential units and commercial uses, 15% workforce housing units

7 Meeting St Apts 526 Meeting St Mixed use development with 128 residential units, 15% are workforce housing units

8 Meeting St Apts 511 Meeting St A mixed use community with retail space on the ground floor and 240 residential units, 15% workforce housing units

9 Munkle Brewery 1513 Meeting St 6,815 sf Brewery

10 East Bay Apts 655 East Bay St 72 unit residential apartment complex

11 Courier Square 465 Meeting St Mixed-use development with office, retail & 226 residential units

Page 6: 2016 Commercial Market Forecast | Development Update

# Name Address Description

12 Poinsette 194 Spring St Construction of an apartments with workforce housing, site improvements and landscaping, 60 planned units

13 Woolfe St Apts. 24-30 Woolfe St Multi-family building with 102 units, parking garage

14 Hotel 7 Calhoun St Proposed 100 room hotel

15 Gadsenboro Park Apts. Laurens St 80 unit residential building & associated improvements

16 Hotel 115 Calhoun St Proposed 46 room hotel

17 Bennett Hotel 402-404 King St 185 room hotel

18 Homewood Suites 415 Meeting St Proposed 139 room hotel

19 Cigar Factory 701 East Bay St Mixed use development with restaurants, event space, & retail stores

20 Office 317 Meeting St New office building construction

21 83 Mary St 83 Mary St Three and a half story mixed use building

Page 7: 2016 Commercial Market Forecast | Development Update

# Name Address Description

22 Magnolia Development 200 acres Milford/Braswell

200 acre redevelopment site with a mix of uses & about 22 acres of waterfront park areas on the Ashley River

23 Pacific Box & Crate 1505 King St Mixed use community with a tech, office space & other commercial uses within a large rehab’ed warehouse

24 Half Mile North 1081 Morrison Dr An urban renewal project with a hub of tech and office in rehabilitated buildings with amenities

25 Laurel Island Romney St Mixed use community with outdoor space & several mid-rise structures.

26 Westedge Lockwood & Hwy 17 Proposed mixed use development

27 Sergeant Jasper 310 Broad St