July 18, 2024


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950-home development underway in southern SC; Charleston-area town looks to annex 3K acres | Real Estate

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950-home development underway in southern SC

A new master-planned development with nearly 1,000 homes at buildout is opening in Hardeeville near Hilton Head in southern South Carolina. 

Offered by homebuilder Toll Brothers, the gated Riverton Pointe community off of New River Parkway will feature 15 luxury single-story home designs on oversized lots.

The community’s new home collections range from about 1,680 square feet to 3,500 square feet.

Built on wooded, lake, golf course and estate-sized sites, home prices start in the mid-$300,000s.

Charleston rents jump 15.5% year over year in September

Amenities include a pool, fitness center, tennis, pickleball, bocce ball, driving range and social events. Future amenities include an 18-hole Nicklaus Design golf course scheduled to open in the fall, pro golf shop, clubhouse, café expanded fitness center and additional racquet sports courts.

Riverton Pointe is near U.S. Highway 278 and sits 14 miles from Hilton Head and 26 miles from Savannah, Ga.

Monty Apartments

The 300-unit Monty Apartments off Mall Drive in North Charleston were built over the past two years where a movie theater once operated. The complex recently sold for nearly $80 million. Provided

Spartanburg firm pays $79.5M for newly built N. Charleston apartments

Johnson Development Associates bought the 300-unit Monty Apartments on Mall Drive that were built during the past two years where a movie theater once stood next to North Charleston City Hall.

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Miami-based restaurant to open in Charleston after paying nearly $6M for building

By the numbers

3: Number of new restaurants coming to Charleston area where former restaurants operated. 

2,900: Square footage of new Opie drive-thru grocery store opening Sept. 28 in Mount Pleasant.

2,338: Square footage of new Popeyes Louisiana Kitchen coming to St. George in western Dorchester County.

New outdoors clothing shop coming to Charleston area; new King Street restaurant to debut

This week in real estate

+ Food and brew hall: The former Bubba Gump Shrimp Co. restaurant on South Market Street has been transformed into a new food and brew hall venue called Port of Call and will feature five different eateries.

+ Tea Farm annexation: The town of Ravenel wants to annex a huge tract of about 3,000 acres off Old Jacksonboro Road with a small part of it set aside for a new 400-unit housing development, but environmentalists say not so fast.

+ Dip in sales: Home sales across South Carolina dropped slightly in August as vacation season ended and school started back, but the dip was mainly because residential sales in August 2020 were strong following the economic lockdown a few months earlier.

$100M+ North Charleston development coming

Uptown North Charleston

A rendering shows the proposed developments for the Uptown North Charleston project along International Boulevard between Centre Pointe Drive and Tanger Outlet Boulevard. The tall structure in the foreground is a proposed 175-room hotel. Behind it is a multistory apartment building and parking deck. The new Topgolf facility where land clearing is underway is in the background. The large, short, white-topped building was a proposed bowling center, but it is no longer part of the project. A second parking deck could rise on the site. Next to it are a series of retail and restaurant buildings. The L-shaped building at right center is the existing retail site called McCall Center. It is not part of the project. RealtyLink/Reveer Group/Provided

Uptown North Charleston will include Topgolf, hotels, apartments, retail and dining in a mixed-used development that will take shape over the next year or so on International Boulevard near Tanger Outlets. 

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Reach Warren L. Wise at 843-819-9269. Follow him on Twitter @warrenlancewise.