Lennar expands its footprint in the apartment market as it plans its first community in South Carolin. Lennar Multifamily Communities, the apartment division of the homebuilding giant, recently bought 2.82 acres at 1304, 1312 and 1330 Meeting St. from the owners of Charleston’s Marine and Rigging for nearly $10.5 million, according to Charleston County land records.
The developer plans to build 303 units in an eight-story structure, said Jeff Harris, president of the Carolinas Division of LMC. The building will include two ground floors of retail and commercial space with public courtyards. Higher tiers of the structure will offer private courtyards for residents, Harris said. The parking deck is three levels. The building’s design provides some apartment units from the ground up while others are above parking and commercial space. The project does not have a name yet. “We still have some branding exercises to do,” Harris said. The tract, just north of Santi’s Restaurante Mexicano, sits where Morrison Drive meets Meeting Street Road. The hardware business, owned by brother and sister Skip Sawin and Jessica Sage, moved to Truxtun Avenue on the former Charleston naval base in North Charleston earlier this year. Sawin sold a 1.64-acre tract for $6.1 million while his sister sold two smaller adjoining parcels totalling 1.18 acres for $4.394 million. Combined, that comes out to about $3.7 million an acre. Reported by The Post and Courier (Oct. 15, 2018) For complete information on Lennar, including all corporate, region and division offices and top personnel, refer to The National Builders Directory and Online Database. https://probizpublications.com/products.html?djoPage=subscribe
4 Comments
8/10/2023 11:18:04 am
The buildings design provides some apartment units from the ground up while others are above parking and commercial space. Thank you for sharing your great post!
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8/23/2023 01:43:43 pm
The structure will incorporate two ground floors of retail and business space with public patios. Higher levels of the design will offer confidential patios for inhabitants, Harris said. The stopping deck is three levels
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10/25/2023 12:09:07 pm
The building’s design provides some apartment units from the ground up while others are above parking and commercial space. The project does not have a name yet. I truly appreciate your great post!
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