North Charleston lodge sells for $8.7M; land-use change sought in Cainhoy for brand new houses | Real Estate

An 84-unit North Charleston lodge is beneath new possession.

Jai Ambe LLC paid $8.7 million for the Fairfield Inn & Suites Charleston North/Ashley Phosphate at 2540 N. Forest Drive, in keeping with the business actual property agency Marcus & Millichap, which represented the customer and vendor.

The new proprietor was registered in 1996 with the S.C. Secretary of State by way of a Walterboro consultant. The firm final yr offered a Comfort Inn & Suites on Downs Lane alongside I-95 in Colleton County for greater than $4.6 million.

The Fairfield Inn’s earlier proprietor was LRP Hotels of Charleston 1 LLC of Pooler, Ga., in keeping with Charleston County land data. The lodge final offered in 2018 for $8.5 million.

McAlister tract next to Gildan

The proprietor of the land outlined in white needs to rezone the 105-acre tract from gentle industrial use to single-family residential use. The property is off Clements Ferry Road, operating from backside left to center proper, and borders Jack Primus Road on the northeast aspect behind attire maker Gildan’s distribution facility, the massive white construction on the center proper. City of Charleston/Provided

Land plan

The proprietor of a large tract within the Cainhoy space is in search of to vary the land use to permit new houses.

The property proprietor, an affiliate of Mount Pleasant-based McAlister Development, will ask town of Charleston’s Planning Commission April 20 to rezone 105 acres of a 159-acre parcel on Clements Ferry Road from gentle industrial use to single-family residential. The property is subsequent to attire maker Gildan‘s distribution middle.

The developer additionally owns one other 82 acres behind Gildan and abutting Jack Primus Road. It’s zoned for houses and residences.

Earlier this yr, a North Carolina actual property developer submitted plans to town to construct a brand new multifamily growth on 20 acres of the McAlister tract alongside Clements Ferry Road.

Raleigh-based Aventon Companies needs to construct 320 residence items, in keeping with web site plans.

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The proposed growth in Charleston would be the firm’s first in South Carolina, in keeping with Aventon’s web site. It has different properties in Florida, Georgia, Maryland, North Carolina, Tennessee and Virginia.


Charleston-based architectural agency LS3P lately added two companies in North Carolina, bringing its workplace depend to 11 in cities all through three states. Warren L. Wise/Staff

Firm development

Two North Carolina architectural practices at the moment are a part of a Charleston-based agency that has now grown to 11 places of work with greater than 400 staff throughout three states.

TFF Architects & Planners of Greensboro and PFA Architects of Asheville will now function beneath the LS3P model.

“Merging with these two extremely revered companies permits us to deepen {our relationships} with our valued purchasers and lengthen our firm-wide experience throughout the area,” LS3P CEO Marc Marchant said.

The Greensboro firm, with 13 employees, was launched in 1996. Co-founder Ginna Freyaldenhoven will lead the Triad office. Steve Freyaldenhoven, also a co-founder, and Brian Carroll, who had been managing partner, have also been named principals and sector leaders for health care and senior living, respectively.

PFA, in western North Carolina, was founded in 1965 as Padgett + Freeman Architects. Its 13 employees specialize in education, health care, government, civic and cultural projects. Maggie Carnevale will lead the Asheville office, and Scott Donald will be principal and sector leader.

Founded in 1963, LS3P is predicated in Victoria Center close to King and Market streets in downtown Charleston. Its different places of work are in Columbia, Greenville, Myrtle Beach, Charlotte, Raleigh, Wilmington, Atlanta and Savannah. The agency’s business and authorities design and architectural companies cowl an array of venture sorts, from well being care to schooling to aviation and transportation.

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