More Apartments Planned – Now on Daniel Island

People, with jobs, then houses.  The formula still works today.  And jobs from Boeing, BenefitFocus and other employers fuels people which feeds the need for housing nearby, which later positively impacts retail.  But for now those job generators are creating housing demand and developers are responding with plans for two new apartment communities on Daniel Island.  First, Woodfield Investments plans the 300-unit Woodfield Daniel Island on the north side of the master development and now Faison plans 300 units and 33,000 SF of commercial space near the Publix and the Family Circle Tennis Center.  All the while, Spectrum Properties is building the 269-unit Simmons Park on the south end of DI and Kassinger Development Group plans 324 units off Clements Ferry Road, and another developer plans another yet unannounced project nearby.

About charlestonCREblog

30 years' in the commercial real estate biz - investment sales, consulting, banker, appraiser, brokerage. Trained in Atlanta and moved to the Lowcountry in 2008 and now sharing offices in Charleston and Jacksonville, FL. Exclusive listings, buyer representation, and consulting/analysis to help clients make the best commercial real estate decisions.

Posted on July 2, 2014, in CHS, CHS Jobs/Economy, CHS Multi-Family, Commercial Real Estate, Development, The Post and Courier, Transactions, Tryone Richardson, Uncategorized and tagged , , , , , , , , , , . Bookmark the permalink. Leave a comment.

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