New 189-acre development will add 10K residents to the City of Charleston
The 189-acre Magnolia site located in the neck of the Charleston peninsula has been cleared for development by the Environmental Protection Agency by its removal from the National Priorities List. Over $75 million has been invested in the overall remediation of the contaminated soils in an area equal to 34 football fields.
Highland Resources Inc. and Portman Holdings will be developing the new mixed-use town center project that is zoned for more than 4,000 residential units, 1 million square feet of office space, up to 200,000 square feet of retail space, more than 1,000 hotels rooms, multiple entertainment venues, a marina and a waterfront park on the Ashley River. The estimated cost of the completed project is about $2 billion.
The first phase will focus on the waterfront area of the property and includes 150,000 square feet of retail space, 850 residential units, 300,000 square feet of office space, and a luxury hotel. This phase will include two public access points along the waterfront. Infrastructure design and permits are in the process with the city of Charleston, and construction is anticipated to begin in early 2024.
At final completion, the project is expected to add 10,000 residents to the City of Charleston.
Source: Gable B. Stubbs, VP Architecture – Goodwyn Mills Cawood
Charleston Daily
Charleston Daily is a concept in community. Its mission is to promote, assist, and celebrate in everything Charleston, South Carolina. By partnering with businesses, community leaders, volunteers and events, we are spreading the love that is Charleston. As this city continues to grow and prosper, we want to help spread the message to all about how wonderful this community is. Charleston is about the people, community, water, land, history, heritage and the true southern warmth it brings with each and every day.
Did these money hungry developers consider the already nightmarish traffic all over the city?
Lol blaming the developers for something the city approves…
Ok
Can Charleston really handle 10k more vehicles in the streets?? With the traffic now to a crawl is this prudent to add to the gridlock??
Tecklenburg and city council are only interested in cramming more people into the city boundaries. The developers are not required to improve the infrastructure, just build, take the money and run, leaving our city with more traffic congestion. Got to wonder how much money ends up in the local politicians pockets.
This is so regrettable…The city has changed so much already over the past 10 years.
I’m all for development and growth but these developers should be responsible for adding roads too. If new housing goes up, a new road should be built. Similar to what happens in FL.
You whining NIMBYs will be the first people to attend these new venues. You’ll park your boat at the new waterfront park. You’ll put your name on the waiting list of the new restaurants. You’ll shop at the new stores. You do all these things already because these are the same reasons you live in Charleston. And you’ll continue to do so.
These developers took a 189 acre eye sore and environmental nightmare and will turn it into an economic boon to this this city to be enjoyed by everyone, even you whiners. And by the way, did any of you not notice the I-26 improvements that have just been completed earlier this year in this area, including the NEW exit feeding this area? I’d say these were built just in time to ease some of those traffic concerns you carelessly write about.
See you there soon!
Problem with your comment although true is that another 10k folks doesn’t bode well for the Lowcountry period…with all the issues associated with the out of control development better alternatives for the property exists such as affordable housing… single family starter homes and not multi storied apartments or townhomes… scattered single family…and before I go further…I gave up boating 10 years ago as you could see the difference in the boaters on the water…no clue to how to navigate tidal waters…roads? look at WA…Glenn McConnell to be specific…went from no road to more lanes than 526 in a 4 mile stretch…road rage… fatalities… how about flooding?..no flood even with Hugo… Carolina Bay comes and brought the floods in 2015-16 ..more gas stations and apartments…no more trees…infrastructure is in disrepair..been on 26 lately or how about D road?…10k people? Where are the kids going to school at?🤔
You are one of the money grubbers. Probably a member of the Yacht Club or some other exclusive entity. Traffic and overcrowding mean nothing to you or your ilk behind locked gates or flying off to the Abacos or heading up to the Chattooga Club for a long weekend. True Charlestonians wouldn’t destroy their hometown for profit. Your Grandparents would be ashamed.
Greetings 🙏🏿
The I-26 , so-call improvement was solely for the new HLT TERMINAL NOT , TO EASE TRAFFIC CONGESTION .those exits leads straight to the HLT PORT . Twenty yrs Frm now , alot of kids going to be born in tht area will end up of with , serious medical conditions . The nightmare of this tragic developed ideal . The Earth is cover by mostly water and tht area will definitely become , ” DEVASTATED BY , A HURRICANE AND WATER ” . REMEMBER , MY WORDS , READERS !
Well to be honest they’re over development too quickly in the low country they won’t be able to open up the roads if they keep on building these houses everywhere close to the roads and the government won’t give any money for new developing on the roads just look and see what’s going on everywhere 26 is a nightmare 61 is becoming a nightmare Dorchester Road it’s a shame let’s build another 300,000 homes we can get at least another 5 million people in Charleston keep on going what is greedy people just keep on pushing
Greed is going to suck out every last ounce of beauty, charm, history, and livability to Charleston. One word for what developers and their supporters are doing to this region: unconscionable.
Hopefully, once the New Yorkers see how congested Charleston is they’ll move back to where they came from. Charleston has been eaten up with all the highrise hotels! Nothing to see or do here anymore! All commercialized stores. No more little shops eateries and studios with art on the sidewalk! It’s a shame!
I agree with the majority of the comments here that’s it’s too much in one place at one time to be adequately absorbed into the community. It makes me think it’s really the beginning of the end of Charleston being what we love it for: a relaxed, civilized pace of life with beautiful scenery and abundant nature.