Blog Archives

New Junior Anchor Announced for Bowman Center Retail Development

Kitchen & Company, an upscale cookware store, has announced it will join Dick’s Sporting Goods and Nordrstom Rack in a 125k SF retail center at the former KMart store at Bowman Road and US 17 in Mt Pleasant.  Most stores in the 6-unit chain are in the Northeast and the company is headquartered in Delaware; its nearest store is in Asheville, NC.  Abigail Darlington of The Post and Courier has the announcement.

Wyndham Garden Hotel Opens in Mt. Pleasant

Abigail Darlington of The Post and Courier brings us the announcement of the new Wyndham Garden Hotel in Mt. Pleasant that opened last week at 1330 Stuart Engals Blvd. near Chuck Dawley Blvd.

Zeus in Mt. Pleasant Closes; Luxury Spa To Replace

Zeus Grill & Seafood, the Greek dining establishment for 10 years in Mt. Pleasant, closed over the weekend and will be replaced by the first Woodhouse Spa in SC, an luxury “resort hotel-type spa without the resort prices”, that will also have a liquor license.!  Abigail Darlington of The Post and Courier has the announcement.

New Retail Centers Coming to Summerville and Mt. Pleasant

Abigail Darlington of The Post and Courier gives us a quick summary of two proposed centers – one for Summerville and one in Mt. Pleasant – each of which will be anchored by an Aldi grocery store and an Academy Sports, both new to the CHS market.  Colliers International’s very own John Orr, CCIM, who heads our local retail leasing group, offers his insight in the story as well.

Palmetto State Armory To Anchor Existing Retail Centers in Summerville and Mt. Pleasant

An outdoor sporting goods retail store of 30,000 SF will anchor the eyesore Heritage Square shopping center in Summerville and include fishing gear and an 18-bay shooting range.  Palmetto State Armory, based in Columbia, is also planning to take the former Food Lion at National Center in Mt. Pleasant, though the shooting range has been nixed.  Abigail Darlington of The Post and Courier has the story.

Mt. Pleasant’s Dark Food Lions To ReOpen as Gym and Palmetto State Armory

Two dark Food Lion boxes in Mt. Pleasant have been re-leased.  The Palmetto State Armory says it is still moving ahead with plans to re-develop the National Crossing shopping center for its outdoors shop, while the former Food Lion at Belle Station will re-open as the region’s third Planet Fitness in January.  Abigail Darlington of The Post and Courier mentions each in her periodic retail update.

Fourth Condo Building For Tides Condos in Permitting Stage

From pending foreclosure in 2012 to proposed new construction in 2014!  A fourth condo tower is in the permitting stages with the town of Mt. Pleasant, after East West Partners and money partner Chicago-based Charleston Harbor Holdings bought the note from Bank of America in 2012 and has since sold most of the units they bought and at considerably higher prices – from $500k in 2012 to $800k average in 2013 and $950k average thus far in 2014.  An amazing transformation of the ownership, the HOA, the property, and the market.  Globenewswire.com has the story.

Marina in Mt. Pleasant Sold

Magwood Marina, an 80-slip dry stack marina in Mt. Pleasant at Shem Creek, was sold recently, according to our friends at SCREnews.com.

Parking Garage/Office Building Planned To Overlook Shem Creek Moving Forward

Tex Small, owner of The Market at Oakland shopping center in Mt. Pleasant, is moving forward with plans for a 4-story structure overlooking Shem Creek with the first two floors a parking garage and the top two for commercial/office space.  About one-half of the 245 parking spaces will be open to the public at all times in a parking-starved area, and the other 120 spaces will be for the building’s tenants/visitors during business hours, but also available to the public in the evenings and weekends.  Jennifer Berry Hawes of The Post and Courier has the story and the update of the development, a joint venture with the town of Mt. Pleasant.

Nordstrom Rack and Dick’s Sporting Goods to Anchor Re-Development of Mt. Pleasant KMart Site

Abigail Darlington brings us the groundbreaking story of the re-development by Ed Navarro and Grove Property Fund of the closed KMart in Mt. Pleasant that will include a Nordstrom Rack and a Dick’s Sporting Goods store among some other top-shelf names we suspect.