Sep
19

$80 Million Mixed Use Development in Charleston’s Midtown

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Midtown is the new buzz word for redevelopment in downtown Charleston.

The long-awaited $80 million hotel and retail complex at the corner of King and Spring streets officially broke ground Tuesday with officials hailing it as the latest pillar in the redevelopment of a once-blighted part of peninsular Charleston.

Representatives of Regent Partners of Atlanta and Charleston-based CC&T Real Estate Services along with other dignitaries kicked off the upper King Street redevelopment project on 2.4 acres of mostly abandoned and vacant property.

The project will include a 10-story, dual-branded Hyatt House and Hyatt Place hotel with 304 guest rooms, retail shops and a seven-story, 403-vehicle parking deck, which the city will eventually own. All told, Midtown will include four new structures and two renovated buildings for a total of 433,000 square feet.

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    Categories : Charleston

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