Laurel Island_Property for Sale
Laurel Island_Property for Sale
13 Romney St, Charleston, NC, 29403, US

Laurel Island

Asset description

± 196.1 Acre Transformational Mixed-Use Development in the Heart of Charleston | Charleston, SC


Laurel Island is a +/- 196.1 acre mixed-use development opportunity located in Charleston, SC. This is a once in a lifetime opportunity for a future buyer to be a part of a transformational project in the heart of downtown Charleston. The Property has a rich history, and tremendous work has been completed on the site since current ownership purchased the property in 2000. Significant improvements have been made to the land, including environmental remediation, access improvements, high density PUD zoning, and Tax Increment Financing (TIF). The PUD zoning allows for multifamily, office, retail, hospitality, and entertainment by right, as well as incorporating a significant amount of open space including walking and biking trails. Laurel Island demands a unique buyer with a vision for a tract of this size and complexity and will provide a truly irreplaceable opportunity to create a distinct sense of place in this high barrier-to-entry Charleston Market. 

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Attributes

Land area gross
192.38 acres

Media

Investment highlights

  • High Density PUD Zoning In Place
  • Up to 12 Stories permitted by right
  • Tax Increment Financing (TIF) Eligible
  • Located in the Heart of Downtown Charleston
  • Sweeping Views of the Cooper River
  • Significant Due Diligence Available 

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Last updated
Oct 9, 2023