Downtown Charleston seems to be changing everyday. For visitors–and residents who haven’t been downtown in the last few months–the landscape of the peninsula is rapidly changing with much of the new construction and revitalization efforts centering on Upper King Street.
One exciting new real estate venture on the peninsula is the Gathering at Morris Square, which is a planned development of townhomes between Smith Street and Morris Street. Overseen by the same group that designed Mount Pleasant’s award-winning I’on neighborhood, the Gathering at Morris Square will have thirty-three different units; each includes classic Charleston architecture and detailing while including a more modern sensibility and amenities. The neighborhood was built around two existing parks, which ensures that residents have plenty of access to green space while living in the middle of all that downtown has to offer. In addition, the Gathering is located just four blocks off of the Upper King design district, so residents will be able to walk to local bakeries, stores, and restaurants. Three bedroom/ two-and-a-half bath townhomes begin around $450,000.
The Gathering is not the only new construction to come to the downtown area. The East Central Lofts, clearly visible from I-26 and the Cooper River Bridge, are situated on 274 Huger Street; they opened earlier this year. The Lofts include retail space on the bottom floor, in-house recreation courts, and an enclosed courtyard exclusively for residents. Another multi-family housing project, 400 Meeting Street, boasts new apartments aimed directly at Charleston’s large student population. Located just down the street from the Charleston School of Law, these apartments are an attractive options for College of Charleston, MUSC and CSOL students alike.
The peninsula can also look forward to two new hotel options in the coming years: The Spectator, at 67 State Street, and The Restoration on King, at 79 Wentworth Street. The Spectator will be convenient to the Market and all of the shopping and dining no East Bay, and will have around 40 rooms. Restoration on King will include a parking lot underneath the rooms for the ease of visiting guests.
Another new construction project has begun at the corner of King and Spring Streets; this mixed-use venture will include a Hyatt hotel, a parking garage, restaurants, and office space. Wildly popular restaurant The Ordinary (which is owned by the same dynamic duo as fellow downtown restaurant FIG) has already occupied a portion of this space. The entire project should be completed in 2015.
As each of these new projects is completed, the landscape of downtown Charleston will continue to evolve. If you’re interested in being a part of these exciting opportunities, contact Matt Anderson Properties for the latest real estate news.