North Charleston Revitalization Plan

Realtor specializing in Park Circle - Neil Bansil talking to media about North Charleston Revitalization Plan

The North Charleston Revitalization Plan was outlined by Mayor Keith Summey yesterday at a press conference in phase 2 of the Oak Terrace Preserve neighborhood. The press conference was held to highlight not only the plans for North Charleston, but also to introduce Phase 2 of Oak Terrace Preserve.  As a current resident of Oak Terrace Preserve and Realtor specializing in Park Circle and all Live/Work/Play neighborhoods in Charleston, I was asked to speak to the media to give my impressions of the neighborhood and to let people know how convenient Park Circle is to all things Live, Work, and Play.

North Charleston Revitalization Plan in the News

ABC News 4 Charleston

Read the related news story here

Photos from the Press Conference:

Some highlights of the North Charleston revitalization plan:

NEW HOME DEVELOPMENTS:

1) Development of Oak Terrace Preserve Phase 2 (16 town homes & 52 single family homes), followed shortly after by the launch of Phase 3.

Less than a mile away at the Mixson development, construction has begun on multi-family apartment complexes and single family homes as well as the addition of the Mixson Bath and Racquet Club.

The Hunley Waters development continues to build homes along Noisette Creek which gives residents water access for kayaking or crabbing.  The other big advantage of this development is being less than a mile away from the Riverfront Park and the restaurants and entertainment of the Old Business District of Park Circle.

GARCO PLANT:

In the Old Business District at the former Garco Plant off of O’Hear and Garco Street, an abandoned building is in the process of being purchased in order to develop an “artist colony”, with lofts and studio space as well as plans for a 250-300 seat black box theater.

LANDSCAPE PROJECT:

The first phase of the landscape project was the beautification of Montague Ave. from the Old Village to Mixson Ave.  The second phase will be to extend the landscaping out towards Rivers Ave. through the Liberty Hill neighborhood.

SHIPWATCH SQUARE & OLD NAVY HOSPITAL:

Plans are to attract a major grocery store to the area, but it is still all in the planning phase.  Look for more news about this in the coming months.

NAVY BASE:

The city of North Charleston is looking at developing new housing where the old officer housing sits behind Riverfront Park.  This would give new residents an opportunity to live right on the Cooper River.

OVERALL:

My impressions as a Realtor helping people buy homes in the area is that now is as good a time as any if you are thinking of making North Charleston, and specifically Park Circle your home.

Here are a few factors that have influenced the North Charleston Real Estate Market:

1) Median sales price has risen roughly 13.3% in North Charleston in the past month!

2) First-time home buyers are discovering the area and realizing how convenient it is to all locations.  With Park Circle having access to I-26 and I-526, you can virtually get anywhere you need to go in 15-20 minutes.

3) Probably the biggest contributing factor to the resurgence of Park Circle is that the city of North Charleston is heavily involved in its turnaround.  They are spending money to make the area a true live/work/play community.

It is good to see the support of the city of North Charleston in improving the quality of life for the residents of Park Circle.  It seems that they are also making a special effort to reach out to the Arts community, encouraging artists to work and live in the area.  If you happen to be an artist, then Park Circle would be a great place to call home.  Even if you are not an artist, Park Circle offers diversity, convenience, entertainment and a vision for the future that everyone can enjoy.  The North Charleston Revitalization Plan, once fully executed is sure to make North Charleston and the Park Circle area a great place to Live, Work, and Play for years to come.

If you are interested in living in Park Circle or just have questions about it, I would be happy to help!  Just contact me below!

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