The Charleston Real Estate Market is Ever Expanding

Written by: Northspyre

With a focus on new multifamily projects, Charleston is elevating its profile amongst its southern peers. Charleston has proven to be one of the hottest markets in part because of its high quality of life, growing job market and strong economy. As Charleston continues to grow, new development around the area has taken shape giving spectators a glimpse into what’s to come in the Holy City.

What’s New?

Charlotte based Crossland Southeast is developing One Nexton, an entire new community replete with 351 new apartments and 37,500 sq. ft. of retail space anchored by a Publix Supermarket.

The Charles townhomes are coming to Charleston and set to be completed in spring 2023. The development is a prominent project along the city’s beachfront and is being developed by the Beach Co. and designed by Antunovich Designworks.

Graycliff Capital is building a 318 unit mixed-use development slated to be completed by winter of 2023. The project will rest along the edge of a 67 acre river and will include retail and office space.

LC Line Street will bring a new apartment community to downtown Charleston off of the I-26 ramp. The first phase is estimated to be $120 million, encompassing 293 units and 22,000 sq. ft. of community space.

Exciting Projects Transforming Charleston, SC

71 Wentworth is a luxury condominium that embodies the shifting landscape of Charleston from an old, country oriented city to an up and coming hub for new residents.

The Cape on Kiawah exemplifies the diversity of the Charleston real estate market. Located adjacent to the city center, the island is a fresh mix of nature and development.

The Magnolia project has been long awaited since the Houston-based developer purchased the land for $52 million in 2018. The 20-acre development will include retail, office and apartment space.

The Epic Center is planning a redevelopment in West Ashley. The plan is to convert the Citadel Mall into a new mixed-use development. This is yet another corner of Charleston that is set to shift in the wake of increased population and accompanying demands.