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A new subdivision is expected in the near future around I-526 and Clements Ferry Road (on Thomas Island). The subdivision will be called “Daniel Island Village” and will be a mix of residential and retail stores. Housing 2000, a Houston-based company, is spearheading this project and expects to build approx. 314 condos above parking and shops (including a dry cleaner, coffee shop…). There will be 5 4-story bldgs and each unit will range in size from a studio to 3 bedrooms. The median price is expected to be around the $279,000 range. The plans are being presented to the Charleston Commercial Corridor Design Review board today. ****Followup, last night the board denied the plans because they need to more pedestrian friendly. So, back to the drawing board. This doesn’t mean the subdivision won’t eventually get approval but it does show how Charleston & the Review board want to make sure plans are well-thought out.****

If the company receives approval from the Design Review board, building will begin Summer of 2007.

Across from this planned subdivision will be Sportsman’s Island which will be a 38,000 sqft retail center featuring outdoor gear (fishing, boating, camping…).

On the other side of I-526, another new development is taking place. Beazer Homes (Atlanta-based national home builder) is planning a 192-unit residential development called Governor’s Cay. In addition another development company is considering an adjacent parcel.

Source: Katy Stech with the Post and Courier April 2, 2007

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information on Charleston South Carolina Real Estate visit:

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