Monthly Archives: December 2014
CHS-based Jupiter Holdings is continuing its efforts to build a new dual-branded hotel and mixed-used development that would include office, restaurant and parking on a site at Meeting and Huger Streets downtown. It now includes a rooftop pool and an outdoor terrace with skyline views. The two hotels would be an Element extended-stay brand and an Aloft, a modern, boutique-style flag, both Starwood concepts. The plan is in front of the Board of Architectural Review for its approval this Wednesday afternoon. Abigail Darlington of The Post and Courier has the story.
134 Meeting Street CMB LLC, led by Sullivan’s Island resident Pat Marr, purchased the 70,100 SF office building on Meeting Street between Cumberland and Queen Streets downtown. It sold for a reported $19.55M or about $279/SF excluding the land which is subject to a long-term ground lease. Other Marr-led investment groups have also purchased other downtown assets recently, namely the office building at 25 Calhoun Street and the 400 Meeting Street student housing community. John McDermott of The Post and Courier has the story on the acquisition of 134 Meeting Street.