The City of North Charleston and
Chicora Gardens Holding LLC are set to enter into a purchase agreement, which
will transfer approximately 40 acres from the City for $9.2 million. In
October of this year, the City of North Charleston was the high bidder in an
online auction conducted by the General Services Administration (GSA) for the
former Naval Hospital located at 3600 Rivers Avenue. After negotiations
with GSA, the City purchased the 10-story, 368,000 square foot hospital on 23
acres for $2 million.
The developer will begin a due diligence period and will present
a master plan for a Planned Development District to the City of North
Charleston’s Planning and Zoning Department.
The project is expected to be a collaborative effort along
with private businesses to utilize the best talents, innovation, and ideas to
create a destination to bring together the community. The area’s master
plan is focused on attracting commerce and residents to the area with a plan
for a sustainable interactive environment.
An initial plan is to develop a mixed use project that will
include a grocery store, office building, bank, restaurants, medical and dental
services, pharmacy, library, and a continuing care retirement community with
senior apartments, assisted living, and hospice services. The project
will also contain extensive public parks and gardens.
Chicora Gardens Holdings LLC has engaged Davis and Floyd for
engineering work to include the initial site plan, structural analysis, and for
the parks and gardens landscape architecture and design. Chicora Gardens is
represented by Rick Brownyard of Mt Pleasant, SC.
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