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Ashley Shores Redevelopment Package

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Ashley Shores

Magnolia and Ashley River Center Project (Old Roper North Hospital Property)

Old Navy Base I-26

Ashley River

Marsh

North Bridge to West Ashley

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Ashley Shores

Azalea Drive

Cosgrove Avenue Cemetery

Marsh

Ashley River Jenkins Orphanage

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Plat from Charleston County

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Three Bedroom Floor Plan Existing

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Three Bedroom Floor Plan Proposed

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Description • • • • • • • • • • • • • •

154 Town Home units individually deeded Adjoined on West side by River View Memorial Park cemetery and the East side by the Jenkins Orphanage. – No redevelopment of these sites will be possible at this time. World Class, private views of the Ashley River “Green Spaces” easily incorporated Roads and curbing in place Existing utilities include Electricity, Plumbing and Natural Gas Site is suitable for a gated Town Home community I-26 access within 2 miles of site 5 Minutes to West Ashley 10 Minutes to shopping 15 Minutes to Down Town Charleston 20 Minutes to Mount Pleasant Easy drive to area beaches Minutes from the Noisette Redevelopment 8


Area Redevelopment Magnolia – Old Roper North Hospital property located on the Ashley River on other side of Cosgrove Ave. from Ashley Shores – 200 Acres plus 120 acres for the Ashley River Center – Approximately $40,000,000 to be invested – 3000 Residential Units – 300 Hotel Rooms – 500,000 Square Feet of office space – 200,000 Square Feet for Retail and Restaurant use – 7,000 Parking spaces – Elementary/Middle School for +800 students

Charleston Post and Courier

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Noisette What is Noisette? Noisette is a 3,000 acre city-within-a-city. It is an area of North Charleston, South Carolina targeted for integrated restoration as a sustainable community – modeled on the belief that cities must be equally responsive to social needs, environmental responsibility and economic vitality (the philosophy embodied by people, planet, prosperity). The Noisette community boundaries are roughly those that defined North Charleston when that community was incorporated in 1973. However, in the last 30 years, through annexation and “green-field” subdivision development, North Charleston has expanded into one of the state’s largest cities. Today, the Noisette area represents only a small corner of its parent city.

Note: This information comes directly from the Noisette Website

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Charleston Post and Courier Articles “North Charleston site is gem to builder� Part 1

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“North Charleston site is gem to builder� Part 2

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“The Art of the Deal” Part 1

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“The Art of the Deal” Part 2

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Two Ponds

Typical Rear of Building with utility room

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Ashley River View

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Ashley River View

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Ashley River View

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Ashley River View

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Additional Documentation Available • Current Owner list from Charleston County Tax records. • Demographic Reports • North Charleston long term planning documentation • Charleston County servicing school list • P&L documents with maintenance records and rent rolls 26


Ashley Shores