Image by Flickr user drubuntu
Updates are at the bottom:
A pair of large development announcements offer yet more evidence the Charleston development is on the up and up once again.
The Post and Courier writes that two developments have popped up on either side of the Cooper River — the Elan Midtown, a 200-unit rental property with a two-deck parking area at the corner of Spring and Meeting streets, and an as-yet unnamed 10-acre project in Mount Pleasant with 270 units.
[Map below.]
The news pairs with word that the 2012 Charleston economy is expected to outperform the region and also in the headlines this year was the return of progress on the Midtown development, the Millennium Music building, a $20 million town hall in Mt. Pleasant, and a "Horizon" development on the Peninsula.
Update February 27: Groundbreaking on downtown Charleston’s first large-scale mixed-use apartment community in more than two decades, Elan Midtown, happened at 3:15 p.m. on Friday.
According to the post in the Charleston Regional Business Journal, the 1.77 acre complex will feature 200 apartment units above 6,887 square feet of ground-level retail space. A two-story parking deck will accommodate the apartment units.
