1975 N Hobson Avenue | North Charleston | $6,500,000
SHOW DETAILS
1975 N Hobson Avenue
North Charleston, SC 29405
$6,500,000
31,875
SQ. FT.
1975 N Hobson AvenueNorth Charleston, SC 29405
For SALE
Business
ACTIVE
$6,500,000
EST. 16,362.02/MO CALCULATE
31,875
SQ. FT.
Property Description
The Navy Yard Charleston redevelopment project is an ambitious initiative aimed at transforming a historic naval shipyard into a vibrant mixed-use community. This project is not just about revitalizing a physical space; it represents an opportunity to breathe new life into the area, making it accessible and relevant for future generations. At the heart of this transformation is the Powerhouse, a significant structure that can be renovated into a world-class venue. The design plans for the Powerhouse feature spacious, light-filled areas with soaring truss ceilings, creating an inviting atmosphere for both creators and visitors. The first level could include artist space, production offices, and a bar area, while the second level offers VIP lounges and additional support spaces, all designed to foster creativity and collaboration. Surrounding the Powerhouse, the Three Sisters buildings will be re-purposed to accommodate retail spaces, restaurants, and production studios. This area will serve as a dynamic hub for both work and leisure, encouraging community engagement through culinary experiences and artistic endeavors. The master plan outlines approximately 2,750 multifamily units and 525,000 square feet of commercial space over a ten-year period, aiming to knit together various communities within North Charleston. Strategically located near Downtown Charleston and the airport, the Navy Yard Charleston is poised to become a key player in the region's growth. The ongoing construction of the Cosgrove Extension will enhance access to this revitalized area, making it more connected than ever. This project draws inspiration from successful developments like Ponce City Market in Atlanta and seeks to replicate that success by creating a place where residents can live, work, and thrive amidst a rich tapestry of history and modern amenities. The development team behind Navy Yard Charleston--comprised of Jamestown L.P., WECCO, and Weaver Capital Partners--brings extensive experience in crafting pedestrian-oriented urban centers. Their commitment to community engagement is evident through their local office presence and deep-rooted connections within North Charleston. The Navy Yard Charleston is not merely about redevelopment; it embodies a vision for the future--a future where history meets innovation, creating a vibrant community that celebrates its past while looking forward to new possibilities. The Powerhouse plays an integral role in this vision.
Property Details
- MLS ID31005141
- Property TypeCommercial - Office
- Days on Site285
- Lot Size1.95 Acres
- Parcel Number400-00-00-142
- SewerPublic Sewer
- WaterPublic
- Year Built1909
- acres1.95
Listed By / Shown By
Listed By
Agency Name: NAI Charleston, LLC
SCCMLS
Shown By
Agency Title: Carolina One Real Estate
Agency Phone: (843) 203-5016
SCCMLS
Web address QR Codes
1975 N Hobson Avenue
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