Home News $50M Charleston condominium project to feature 21 units, starting at $1.7M | Real Estate

$50M Charleston condominium project to feature 21 units, starting at $1.7M | Real Estate

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Baltimore developers plan to begin construction later this year on a $ 50 million luxury multipurpose housing project south of Charleston City Market.

Landmark Partners plans to begin construction of City House Charleston later this year, a 21-unit luxury condominium development with commercial space on Cumberland Street between Church Street and State Street in the city’s French Quarter district.

Jon Pannoni, developer of Landmark Partners, said:

The four-story project will offer 2-3 bedroom dwellings ranging from 1,500 sq ft to 3,000 sq ft, each with an outdoor terrace.

Prices start at $ 1.7 million and rise depending on square feet, floors and finishes selected, Panoni said.

According to Charleston County Land Records, Landmark’s affiliates paid $ 13 million to Blockbuster’s real estate through two transactions in March.

The site includes the State and Cumberland parking lot next to The Loutrel Hotel and the Martschink Building, which incorporates the Cumberland façade into the project.

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The planned development is a three-story brick building in Church and Cumberland with a vacant lot on Ringard Street next to a four-story accommodation and a commercial space on the first floor and an office quarter on the second floor. Is also included.

The site is also a Scotchman convenience store across State Street and will be replaced by a 50-room boutique hotel.

The 100,000-square-foot City House Charleston includes full-time staff and concierge services, as well as a common wellness center, shared workspaces, and 69 covered parking spaces.

The fourth floor includes a 3,000-square-foot clubhouse and pool. The pool is submerged behind the parapet for privacy protection, but provides a rooftop view of the city. The clubhouse also has an outdoor kitchen and entertainment area.

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Panoni puts this concept into “a sophisticated personalized residential experience that seamlessly blends with Charleston’s graceful architecture and the famous charm of the surrounding French Quarter … where you can immerse yourself in the beautiful parts of the city. I called it.

The name of the project comes from the property of a landmark in Baltimore. Originally known as the City House, this is an early 20th century Graystone mansion that has been converted into an office and conference space.

Charleston’s residential real estate company, Carriage Properties, manages the unit sales of the project. This project will be available in early 2024.

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