With the proposed changes to the North Bridge, a revitalization of the City of Charleston’s plan to improve Sam Rittenberg Boulevard and its pedestrian orientation, and a new public park on the Ashley River, a North Carolina developer has recently purchased a 1.25 acre site near the bridge with spectacular views up and down the river for $1.5 million.
Representatives from Oakmont Realty Advisors are working with a local architecture firm to design 24 luxury river view condominium residences (The Mackinaw) that will feature custom, gourmet kitchens, detailed millwork, open floorplans and expansive views of the downtown skyline, the Arthur Ravenel Jr. Bridge and the sunsets along the Ashley River. With relatively little competition in the immediate area for luxury, new-home residences and quick access to downtown and I-26, this may prove to be one of the hot properties next year.
Oakmont suggests construction will begin in early 2008 – - of course, final design approval from the City, never an easy task, will have to be garnered first. The price tag? Sounds like $500K-$900K each. Oakmont has promised to provide us the floorplans when ready – stay tuned for the first look.
