Hi, It’s Bill. Welcome to the first-ever edition of the ChuckTown Report.
Every week I will be delivering you the best news, events, and the latest development projects changing our beloved city…for better or worse. Let’s get into it!
Over the past few weeks I have been busy with videos going viral on Instagram, writing blogs, and starting a NEW YouTube Channel all about historic Charleston and the neighborhoods:
What I’ve been reading up on this week:
What the Fed rate cut ACTUALLY means for mortgage rates (via The Real Deal)
Alphabet (Google) investing $3.3 Billion in 2 new data centers in SC (via Newsbreak)
All of the new restaurants that have opened so far in 2024 (via Holy City Sinner)
Charleston-based company using A.I. to fix traffic (via CRBJ)
These 5 developments are changing the future of Charleston
Magnolia Project
$2 billion development happening in the neck of the peninsula
4000 apartments and condos
1 million sqft of office space
3-4 hotels totaling up to 1000 rooms
Minimum 24 acres of greenspace
Revamping of the old navy base outside of Park Circle
4000 residential units
Workforce housing
Retail, restaurant and office spaces
3.5 million sqft total
23 acres of greenspace
Union Pier
Recently purchased by local billionaire Ben Navarro (yes, he’s the father of local professional tennis player and Olympian Emma Navarro)
Details still to be announced
The city stated they want more public access to the waterfront and an aesthetic that compliments the historic surroundings
The Carnival Sunshine will be setting sail for the final time out of Charleston at the end of the year and moving to Norfolk, VA
Roper St Francis Hospital
Plan to move completely off the peninsula by 2030 to a new campus in North Charleston
MUSC has committed to purchasing the land and buildings
No other details at this point but we’ll be awaiting to see what MUSC plans to do with the property
The new campus allows easier access to hospital care to the northern suburbs of Charleston like Summerville & Goose Creek
Lowline Park
A 1.7 mile long, 40 acre park proposed for the the Charleston peninsula
3 distinct section
North Central Corridor: Pedestrian and bicycle pathways.
The Parks: Recreational areas and green spaces.
Urban Core: Unique urban spaces and community connectivity.
This project has been sloooooow moving, hopefully we see some movement soon to connect the neighborhoods of the peninsula
To learn more, check out the video below, and be sure to drop a comment with your thoughts on whether these projects will help, or hurt, Charleston.
Which Development are you most concerned about?
3 bed / 1.5 Bath 1258 sq ft
Just 3.5 miles from the Ravenel Bridge and 5.5 miles to Sullivans Island, and one of the lowest priced 3 bedroom homes in all of Mount Pleasant, this home has both affordability AND convenience. Enjoy the peace of mind with an incredibly low HOA fee of just $385 per year, no high monthly costs here! The fenced-in, hardscaped back patio is a perfect retreat to enjoy the wonderful coastal weather. Inside, the spacious living area leads into the open kitchen and dining area. Upstairs you will find 3 bedrooms and a full bathroom that connects directly to the primary suite and the hallway. If it's value you're looking for, then look no further. A true lock-and-leave home that is ready to welcome its new owners.
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What’s going on this week!
Sept 28: Gospel at the Gaillard
Sept 28: Lalah Hathaway, Chas Music Hall
Oct 3, 4: Shovels & Rope, The Music Farm
