New Charleston condominiums open with two-thirds of units sold
The 76-unit Gadsden condominiums recently opened at Concord and Laurens streets on the Charleston peninsula. Warren L. Wise/Staff
One of the few condominium projects to be built in the Charleston region in recent years is now open.
The $60 million, six-story Gadsden at Concord and Laurens streets near the Maritime Center on the Charleston peninsula features 76 units next to Gadsdenboro Park.
The one-, two- and three-bedroom units are priced from the low $400,000-range to $1.3 million.
Two-thirds of the units were sold before the first closing. Twenty-five residences remain available.
The structure features ground-level parking and a rooftop clubhouse, with fire pits and a pool.
Developer East West Partners of Colorado is handling sales through its East Bay Street office.
The company is no stranger to the region’s high-end condo market. Its most recent deal was the completion of the 54-unit Tides IV at the base of the Ravenel Bridge in Mount Pleasant. It was also behind the 49-unit One Vendue Range and the nearby City Gallery at Waterfront Park in downtown Charleston.
Land-use change
The owner of a large chunk of undeveloped land along Clements Ferry Road in Charleston is eyeing a land-use change from light industrial to general business and diverse residential use.
An affiliate of Mount Pleasant McAlister Development will ask the city Wednesday to rezone nearly 147 acres of the 233-acre tract between Charleston Regional Parkway and Jack Primus Road near Gildan’s apparel distribution center in Berkeley County.
On the way
A new retail and office building is being proposed for West Ashley.
Source: Post and Courier