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New 5-story Charleston office building lands furniture tenant
A new 110,000-square-foot office and retail development on the upper Charleston peninsula has landed its first tenant.
Interior Elements, a contract furniture dealer, will open a 2,500-square-foot office and showroom in The Quin on Algonquin Road off Meeting Street Road. The design showroom is expected to open in the latter months of 2021.
The Quin, which includes a 300-space parking deck in a separate structure, is a five-story development by Charlotte-based real estate investment firm White Point. It includes 5,000 square feet of outdoor recreation space.
The Quin was originally called The Belvidere, but changed the name since it was tied to a former plantation site. Quin is taken from the street, Algonquin, where the building is located.
The Quin’s completion by Frampton Construction marks the end of the first phase of White Point’s development on Algonquin Road.
In 2020 White Point purchased the 5.6-acre lot across the street which houses a Pepsi distribution plant. The developer plans to build apartments, offices, and food and beverage venues with second level/rooftop patios.
Phase II will begin when Pepsi vacates the property at a future date. The company has selected a site in Palmetto Commerce Park in North Charleston for its new distribution facility, according to Pepsi spokeswoman Elisa Baker. The building has not been constructed.
Sushi and sports pub Locals will soon offer two venues in Mount Pleasant. A second site off Long Point Road will be a seafood and raw bar without sushi. Above, a customer sits in the bar area of the restaurant off Johnnie Dodds and Anna Knapp boulevards in Mount Pleasant. Warren L. Wise/Staff
A sign on the door of a former Pizza Hut restaurant in Belle Station off Long Point Road in Mount Pleasant shows a new dining venue called The Fish & Chippy planned for the site where the windows are papered over and the interior is under construction. Warren L. Wise/Staff
2 new restaurants on way to Mount Pleasant; 2 new retailers opening in downtown Charleston
Locals restaurant is working on a second Mount Pleasant venue that will not include sushi while a British-inspired restaurant plans to open in the same shopping center. King Street will welcome two new retailers on May 15.
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By the numbers
224: Number of units planned in a new apartment development in Point Hope off Clements Ferry Road in Charleston.
99: Number of acres in the new Downtown Nexton development of retailers, restaurants, hotels, offices and apartments coming to a $300M-plus investment on the edge of Summerville.
49: Record number of homes and homesites sold during the year’s first three months in the 2,000-acre Kiawah River development on Johns Island where 1,000 new homes are planned.
This week in real estate
+ Tiny homes: New rules for small houses may be put in place for an Upstate county.
+ Boom & Balance: Summerville sees need for affordable housing options but struggles to find a place for it as the Charleston region’s growth spills into the Dorchester County town.
+ New apartments: Berkeley County’s Cane Bay community opens new 300-unit, multifamily development.
Charleston-area home costs $54K more in 1 year
Charleston-area home sales continue to soar even as inventory of available houses continues to dip further. The median price of a home in the four-county region climbed to nearly $344,000 in April. File/Warren L. Wise/Staff
Charleston-area home sales continue to soar even as inventory of available houses continues to dip further. The median price of a home in the four-county region climbed to nearly $344,000 in April.
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Reach Warren L. Wise at 843-937-5524. Follow him on Twitter @warrenlancewise.