Jan
19

Two More Apartment Complexes Planned for Charleston

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APPROVEDThe local apartment market continues to sizzle.

A 203-unit complex called Proximity is proposed for a 16-acre site off Bees Ferry Road across from Bees Ferry Apartments and not far from the West Ashley Wal-Mart. The nine-building, three- and four-story units are being developed by R.K. Investors of Charlotte. Just 10 of the acres are developable. The rest of the property are wetlands.

Another 27-unit, three-story apartment development called Meritage is planned for Theresa Drive on James Island off Harbor View Road. Theresa Drive Development LLC is the owner, according to document filed with the city of Charleston.

Both projects are scheduled to go before the Design Review Board, which meets Thursday at 75 Calhoun St. at 5 p.m.

The city panel also will consider a two-story office and retail building proposed for 125 River Landing Drive on Daniel Island. The 11,875- square-foot structure is 50 percent preleased, say city documents, which list the property owner as Jeff Birnbaum of S.L. Shaw & Associates.

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