ZUMAN2

Here's the latest update on Magnolia: https://charlestondaily.net/new-189-acre-development-will-add-10k-residents-to-the-city-of-charleston/ Essentially the EPA has approved the site for development. Construction still not scheduled until 2024 but I believe infrastructure work has begun.

Bosch today announced an expansion of its production facility in North Charleston to build electric motors. 350 new jobs are expected by 2025. Bosch announces massive investment in Charleston facility | WCIV (abcnews4.com)

This update is a month old but CHS has added 2 gates (A6 & A7) in Concourse A. I was under the impression these would be temporary gates as noted above but it looks to be permanent. Gate A2A was opened in July. https://charlestonbusiness.com/news/aerospace/82602/ Total expansion cost was $11.5MM.

Groundbreaking ceremony has held yesterday for a $300M development at Patriots Point that will include 3 hotels , restuarants, 3 office buildings, parks and amphitheater.. The project will take 15 years to complete. VIDEO: Real estate developer breaks ground on $300 million Patriots Point project (live5news.com)

Charleston airport officials announced yesterday a 20 year expansion plan for CHS. The expansion includes two new concourses, one on each side of the existing terminal building, a new parking garage, and a new surface parking. The expansion will net 11 new gates. Long-term expansion plan revealed for Charleston International Airport (live5news.com) The article states the airport services 2.6M passengers annually but I believe the airport is on track for 5.1M this year.

I just read a Post & Courier article that came out today about the 860 Morrison project. There's the hotel building in addition to 3 apartment buildings behind the hotel that in total will contain between 162 - 169 apartments.

The BAR gave conceptual approval yesterday to the hotel but deferred on the mixed-use/apartment building. I was thinking that maybe these buildings would be attached but I'm not sure. The buildings are being presentef to the BAR as separate projects. The hotel design was well received by the BAR .

Okay per an Aug 2 2022 P&C article the hotel will be 150 rooms the mixed-use component will be 175 apartments.

The Montford Building is still moving thru the approval process.

Morrison Yard Phase 3 at 860 Morrison Dr. goes before the BAR this week for conceptual approval. A 9 floor hotel and a mixed-use building (attached to hotel I believe) which I'm not sure of the height as I couldn't load the entire BAR PDF with the drawings for the latter building. https://charleston-sc.gov/AgendaCenter/ViewFile/Agenda/_09142022-7707

^^ I was thinking the same thing. But perhaps the developer , for example. installs an electronic monument sign which is against city code then the developer would have to remove the sign to annex Hotels use alot of water so one would think with lower city water rates it would be a no-brainer to annex regardless. And I believe the property taxes are lower in the city. Will be interesting to see where all this goes as the city is finally trying to put a squeeze on the SAPSD.

Several city council members representing West Ashley are miffed that it's difficult to annex undeveloped commercial properties as developers do not want to deal with going through the city's building approval process, specifically the Design Review Board (DRB). The Charleston County approval process is more developer friendly as they do not have a DRB. As I previously posted above there is a proposed large hotel on a 10 acre tract on Savannah Hwy that is in the county. Apparently the developer has advised these city council members that they do not want to annex into the city and have to deal with the DRB. So at last evening's city council meeting, there was proposal presented to exempt that 10 acre tract from DRB approval. The proposal will have to work its way through appropriate council committees before a full city council vote can be taken.

Hopefully this works okay. The annexation discussion starts around 27:50

It (commerical annexations) was discussed at July 18's city Real Estate Committee meeting that I watched live on youtube. I can't find the video right now but the video is on youtube. Annexation requests are always last on the agenda for the committee to review and approve.

At least some members of city council want to push harder to annex commercial properties in West Ashley but they specifically want to push to annex a 10 acre parcel on Savannah Hwy where a large hotel will be developed.

A couple of notes on CHS: CHS is on pace to pass the 5M passenger count for 2022 the three new temporary gates will be installed by August. At least one gate is now operational (gate A2A)

By Charleston standards this is a really large development and the nearby Morrison Yard office building that is also under construction is quite interesting in design. Still amazed the BAR approved that design.

I should add that the review and approval was for Bldg #1 only. I believe there's a total of 3 buildings that make up Phase II. Phase II Bldg 1 is a mixed-use building at 635 King St. Also wanted to add that the BAR approved demolishing the old Post & Courier main office and printing press at last month's meeting.

Phase II did receive conceptual approval at last week's BAR meeting. I don't think I've ever witnessed such excitement from BAR members over a proposed design.

The new Target store at 211 King St. will open May 15.

Breeze and Avelo have announced today new non-stop flights between CHS and Orlando.

Charleston's new annexation planner started work last week. She has been tasked with closing donut holes. Will be interesting to see what the uptick in annexations will be going forward.

Morrison Ave continues to transform. 7 floor 424 unit apartment building proposed for 1142 Morrison. Up for BAR review on Mar 23. https://charleston-sc.gov/AgendaCenter/ViewFile/Agenda/_03232022-7324

I came across this map yesterday that has the history of all City of Chas annexations. Just click on the a parcel and it will show the year the parcel was annexed in the YEAR field. https://data-charleston-sc.opendata.arcgis.com/datasets/513279269199412489fc8a95a3f1463d_0/explore?location=32.736583%2C-79.962368%2C13.00

Two years later and I wonder where this stands.