Downtown Developments (North of Calhoun)

[vicupstate]

BAR Agenda for 10-14-15

Revisions and initial new plans for major apartment projects can be seen on pages 10, 54, 79, 98,147.

The link tends to disappear after a few days, so look now.

 

[vicupstate]

BAR Agenda for 11-25-15

Revisions for 10 WestEdge start on page 14

[vicupstate]

Meeting Street Apartments may be demoed for Hotel  

This is interesting because this building when built was pretty far north of the 'gentrification' boundary on the peninsula at the time. It was a spin off project of the Visitor's Center opening. 

[vicupstate]

On 6/1/2016 at 4:46 AM, vicupstate said:

Meeting Street Apartments may be demoed for Hotel  

This is interesting because this building when built was pretty far north of the 'gentrification' boundary on the peninsula at the time. It was a spin off project of the Visitor's Center opening. 

I didn't realize it but the Hughes Lumber Yard property directly adjacent to the Meeting Street Apartments is up for redevelopment as well.  The lumber sheds were approved for demo in Dec. Now they are trying to get BAR approval to move a historic building from that site.  The lumber yard is adjacent to Morris Sokal building which fronts on King and sold for $22.5 mm recently.  

I have a feeling all three of these sites will be combined for one big mixed use project.  I coud easiliy seeing it being $150mm or much more.  It would be almost to an entire city block between Meeting and King.  

Hughes Lumber site going back to BAR      

[vicupstate]

On 6/1/2016 at 4:46 AM, vicupstate said:

Meeting Street Apartments may be demoed for Hotel  

This is interesting because this building when built was pretty far north of the 'gentrification' boundary on the peninsula at the time. It was a spin off project of the Visitor's Center opening. 

Conference Hotel with apartments approved for Meeting St.

Developer Michael Bennett will replace the housing he plans to tear down at Meeting Street to build a new mega-hotel and apartment development on the peninsula.

But rents in the new development likely will be much higher than at The Courtyards at 411 Meeting Street, which sits on the 3-acre site now.

Charleston’s Board of Zoning Appeals for Zoning voted unanimously Tuesday to grant a special exception that allowed Bennett-Meeting Street LLC to move forward with the project, as long as the development included 159 rental units with 231 bedrooms, the same number as The Courtyards.

[Spartan]

Is it affordable/subsidized housing?

I like that they are keeping the housing and just adding a hotel. They must also have some allowances to go fairly tall to fit all of that on one site. 

[vicupstate]

54 minutes ago, Spartan said:

Is it affordable/subsidized housing?

I like that they are keeping the housing and just adding a hotel. They must also have some allowances to go fairly tall to fit all of that on one site. 

I don't believe the existing housing project is subsidized but it is affordable (by peninsular Charleston  standards).

[vicupstate]

Third time is the charm for King Street Apartment project

74 units at 595 King St. 

 

[vicupstate]

A great overview of seven major projects on Meeting Street in the Upper Peninsula. Renderings included.All are at or North of the Old Cooper River bridges. 

Meeting Street Projects between the old and new bridges 

[krazeeboi]

 

After three tries, the developer of an artsy building planned for upper King Street on peninsular Charleston picked up a key initial nod this week to move the project forward.

The Board of Architectural Review voted 3-1 for conceptual approval of a rounded, four-story structure with a green tunnel-like entrance and green window trim at 663 King St.

The vacant parcel sits next to the Septima P. Clark Expressway overpass. The project still must gain preliminary and final approval before it is built.

The project, with a kaleidoscopic entrance, has been in the works for more than three years, but it came before the BAR in July for the first time.

[vicupstate]

It will be interesting to see how this looks once completed and also how well it's looks over time. 

[vicupstate]

Bob Ellis Shoes at 332 King to close after 66 years

Yet another long time local retailer leaving King St. This building is close to Morris Sokal Furniture which itself just closed after 90+ years. Whatever is going into the Sokal building must be pretty significant.   

[vicupstate]

Old House moves to make way for new construction

This is a very common situation on the peninsula, but most people don't realize it.  It has been done dozens if not hundreds of times.   

[vicupstate]

Hagood Avenur extension could increase connectivity

A new mixed-use development planned at the western end of the Septima P. Clark Parkway might be notable less for its two large buildings than for the new public space between them.

Under zoning rules City Council approved last week, developer Calfran Properties may build a hotel with up to 175 rooms, an apartment complex with workforce housing units, a parking garage, retail and office spaces, or some combination of those uses.

Its project would include two buildings on either side of the proposed road, which the city would build if it’s approved by the S.C. Department of Transportation.

[vicupstate]

Investor buys Calhoun Street lots from church

Property near a prominent corner in downtown Charleston recently changed hands, but the new owner isn't ready to say what some of it will become.

East Bay Corner LLC, a firm registered to Walker Brock of real estate investment firm Canongate Capital of Charleston, bought the properties at 47 and 49 Calhoun St. near East Bay Street for $1.575 million in November.

he previous owner was Greater Macedonia AME Church, also called Macedonia AME Church, which sits around the corner at 48 Alexander St. A sign on the back of the church says the 3,485-square-foot building is for sale.

Early next year, Brock plans to restore the Charleston single house that backs up to the corner park.

As for the rest of the site, Brock said, "At this time, I'm afraid I'm not at liberty to say precisely what our plans are for the property, but we are working with the city, and we intend to ensure that what we do will be reflective of the importance of that intersection."

Canongate also owns the contiguous masonry building at 343 East Bay, the former site of a jewelry store. The building is currently being restored for Canongate's office use.

Brock also is one of the investors in the Cigar Factory on East Bay Street and the second phase of East Central Lofts rising on upper Meeting Street at the foot of the Ravenel Bridge.

 

[vicupstate]

42 Unit Apartment complex sells fro $528k per unit

That is a HUGE amount by the standard of nearly all SE cities.   

 

[KJHburg]

On 3/20/2017 at 1:56 PM, vicupstate said:

42 Unit Apartment complex sells fro $528k per unit

That is a HUGE amount by the standard of nearly all SE cities.   

 

You are right I know of nothing in Charlotte that has sold for anything close to that. 

[krazeeboi]

A developer with ties to two planned apartment projects on Charleston's peninsula plans to break ground this month on a third multifamily, mid-rise structure, all within a few blocks of each other.

The property at 511 Meeting St. is being developed through a joint venture of Spandrel Development Partners of New York City, Aspen Heights Partners of Austin, Texas, and Milwaukee-based Northwestern Mutual Life Insurance Co.

Charleston County property records show Aspen Heights recently borrowed $39.9 million from Northwestern to help fund the project at the Interstate 26 off ramp, where the investment group plans to build 221 rental units. 

The site will include 9,000 square feet of amenity space, two levels of structured parking and ground-floor retail space. Completion is set for spring 2019. 

[gman430]

511 and 601 Meeting Street projects:

Edited July 4, 2017 by gman430

[vicupstate]

55 Affordable Houses coming to the Upper Peninsula  

[KJHburg]

Meeting Street apartment complex under construction today. 

[vicupstate]

Dixie Furniture at 529 King St.  to be torn down

Pretty soon all signs of the last furniture store in downtown Charleston will be gone.

The vacant Dixie Furniture store at 529 King St., which is between Cannon and Morris streets, will be torn down. The Board of Architectural Review unanimously  approved a request for demolition Wednesday. A 50-room hotel and new stores facing King Street will replace it, according to plans by the new owner, 529 King Investors LLC.

The two-story showroom building and rear addition date to sometime after a 1952 fire and has no architectural value, according to architect Steve Ramos.

Dixie was the last downtown furniture store left when Morris Sokol closed in 2015 after 94 years in business. The vacant showroom is across the street at 510 King St.

The Dixie site was bought for $6.75 million by 529 King Investors LLC, which is led by Ben Nickoll of Connecticut.

Nickoll is also a partner in a group that bought the former Bob Ellis Shoes building at 332 King St. The 18,500-square-foot, two-story building sold for $9.5 million to JPM Naples SPE LLC of Connecticut. They plan an 18-room hotel over stores. 

The Morris Sokol site was sold in February 2016. Vanderking LLC, managed by Shuler and Frederick Simon, in partnership with Greenwich, Conn.-based Wexford Capital, bought it for $22.5 million through a company called Vanderking 510 LLC.

[charleslpearson]

On 10/12/2017 at 6:30 AM, vicupstate said:

Dixie Furniture at 529 King St.  to be torn down

Pretty soon all signs of the last furniture store in downtown Charleston will be gone.

The vacant Dixie Furniture store at 529 King St., which is between Cannon and Morris streets, will be torn down. The Board of Architectural Review unanimously  approved a request for demolition Wednesday. A 50-room hotel and new stores facing King Street will replace it, according to plans by the new owner, 529 King Investors LLC.

The two-story showroom building and rear addition date to sometime after a 1952 fire and has no architectural value, according to architect Steve Ramos.

Dixie was the last downtown furniture store left when Morris Sokol closed in 2015 after 94 years in business. The vacant showroom is across the street at 510 King St.

The Dixie site was bought for $6.75 million by 529 King Investors LLC, which is led by Ben Nickoll of Connecticut.

Nickoll is also a partner in a group that bought the former Bob Ellis Shoes building at 332 King St. The 18,500-square-foot, two-story building sold for $9.5 million to JPM Naples SPE LLC of Connecticut. They plan an 18-room hotel over stores. 

The Morris Sokol site was sold in February 2016. Vanderking LLC, managed by Shuler and Frederick Simon, in partnership with Greenwich, Conn.-based Wexford Capital, bought it for $22.5 million through a company called Vanderking 510 LLC.

WoW. Charleston/North Area & Mt. Pleasant hotel boom is exploding to no end! I look forward to exploring CHARLESTON this weekeNd.

[vicupstate]

^^ How long since you have been there?

[vicupstate]

November BAR Agenda

Includes:

Children's Museum addition

Mixed use project 575-579 Meeting that will include some demo and some renovation to other buildings as well as new construction.

Pg 87 has a great display of all the projects on Upper Meeting. 

695-699 Meeting St. 3 story apartment building

Revised design for 677 King St.    

I hate the Children's Museum addition. Looks totally out of place. They need to just move this museum elsewhere it does not fit in with everything around it. It isn't very big either and for a city with this many museums, you would expect something more substantial.

THIS LINK WON"T STAY LONG, so look now.