Magnolia is situated in the Neck area of the upper peninsula of Charleston accessible by King Street and downtown. With unparalleled access to the Ashley River, the project will deliver a new mixed-use, waterfront destination with local restaurateurs, entertainment venues and greenspace along with residential, office and hotel across multiple phases.
About the Project
The site, known as Magnolia, is 181 acres with 80 developable acres and is fully entitled in what will become a 12-year build-out. Upon completion, the project will create a master-planned destination on the upper peninsula in Charleston, just ten minutes from historic Downtown. Approximately 1,000 of the 4,000 residential units are slated to be part of the Phase One development Located near the Ashely River waterfront on the western edge of the site, Phase One will be the dense, vibrant center of the master planned development Phase One will feature a market rate, luxury rate, active adult, and garden wrap community to appeal to a wide range of renters and drive absorption Phase One will also include 200,000 SF of office, 15,000 SF of standalone retail, 20,000 sf of a concert venue, 50,000 sf of a neighborhood retail, a convention hotel, a luxury hotel, a public dock, and public greenspace Upon buildout, Phase One will serve as the center of the community and drive demand for additional phased development