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ZUMAN2

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  1. Roper Hospital in downtown CHS announced yesterday that they will be re-locating to North Charleston, in the area of the old N CHS City Hall and will cost around $1B, Roper St. Francis plans $1B new medical campus in N. Charleston (live5news.com) Permitting and constructing is expected to take up to 5 years. Will be interesting to how the downtown site will be re-purposed.
  2. The 3 apartment buildings in Morrison Yard Phase 3 received conceptual approval at this past week's BAR meeting.
  3. As suspected the BAR denied 295 Calhoun in a 3-2 vote. It was obvious that minds were already made up going into the BAR meeting yesterday. It's unfortunate as the developers have spent significant money on architectural and engineering fees to no avail. If I'm a developer wanting to build something in the city of Charleston I would hire a local architectural firm who has an established relationship with the city building staff and the BAR.
  4. A proposed 7/8 floor apartment building at 295 Calhoun St. goes before the BAR later today for conceptual approval. This is the 3rd or 4th time the project has gone before the BAR There's a lot of controversy around this project with the Charleston Preservation Society leading the resistance. The project is across the street from Roper Hospital with Long Lake immediately south of the project. No, in my opinion and with many others the architecture is not exciting but what I do like is the developer is offering the build a board walk along Long Lake's northern shoreline and pathways around the lake in addition to building a linear park from Calhoun to the boardwalk for public access. I suspect the BAR will again defer the project this afternoon. I have a feeling the developer will be sueing the city as there is no sound reason for denial. Rendering begin at the top of the PDF: PowerPoint Presentation (charleston-sc.gov) There's also another south of Calhoun apartment project under review today on East Bay Street included in the PDF above.
  5. Morrison Yard Phase 3 consisting of 3 apartment buildings come back to the BAR this week (NOV 9 meeting) for conceptual approval. Architectural rendering start on page 89: PowerPoint Presentation (charleston-sc.gov)
  6. Here's the ports authority's website for the Union Pier project. Not much content at this time. The Future of Union Pier (unionpiersc.com)
  7. Proposed 134 unit micro apartment development at 214-216 Spring St received conceptual approval from the BAR at last week's meeting, BAR presentation starts on page 117: https://charleston-sc.gov/AgendaCenter/ViewFile/Agenda/_10262022-7811
  8. The SC Ports Authority decided earlier this year to close the passenger terminal at Union Pier downtown and have announced the entire Union Pier would be re-developed. There's been a series of community meetings the past several weeks. Carnival passenger cruise operations will cease in 2024. Here's a local Chas news media update concerning the project: Proposed future of the Union Pier includes green spaces, waterfronts, and more | WCIV (abcnews4.com)
  9. Here's the latest update on Magnolia: https://charlestondaily.net/new-189-acre-development-will-add-10k-residents-to-the-city-of-charleston/ Essentially the EPA has approved the site for development. Construction still not scheduled until 2024 but I believe infrastructure work has begun.
  10. Bosch today announced an expansion of its production facility in North Charleston to build electric motors. 350 new jobs are expected by 2025. Bosch announces massive investment in Charleston facility | WCIV (abcnews4.com)
  11. This update is a month old but CHS has added 2 gates (A6 & A7) in Concourse A. I was under the impression these would be temporary gates as noted above but it looks to be permanent. Gate A2A was opened in July. https://charlestonbusiness.com/news/aerospace/82602/ Total expansion cost was $11.5MM.
  12. Groundbreaking ceremony has held yesterday for a $300M development at Patriots Point that will include 3 hotels , restuarants, 3 office buildings, parks and amphitheater.. The project will take 15 years to complete. VIDEO: Real estate developer breaks ground on $300 million Patriots Point project (live5news.com)
  13. Charleston airport officials announced yesterday a 20 year expansion plan for CHS. The expansion includes two new concourses, one on each side of the existing terminal building, a new parking garage, and a new surface parking. The expansion will net 11 new gates. Long-term expansion plan revealed for Charleston International Airport (live5news.com) The article states the airport services 2.6M passengers annually but I believe the airport is on track for 5.1M this year.
  14. The Montford Building is still moving thru the approval process.
  15. Morrison Yard Phase 3 at 860 Morrison Dr. goes before the BAR this week for conceptual approval. A 9 floor hotel and a mixed-use building (attached to hotel I believe) which I'm not sure of the height as I couldn't load the entire BAR PDF with the drawings for the latter building. https://charleston-sc.gov/AgendaCenter/ViewFile/Agenda/_09142022-7707
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