Charleston’s skyline and neighborhoods are evolving with exciting new developments that promise to reshape the city’s real estate landscape. From massive mixed-use projects to improved infrastructure, these Charleston SC real estate developments are transforming the future.
The Magnolia Project in Charleston is set to revitalize almost 200 acres along the Ashley River just north of the peninsula. This $2 billion mixed-use development will include apartments, condos, offices, retail shops, restaurants, hotels, and 25 acres of parks. As one of the largest redevelopment projects in Charleston history, Magnolia will provide a dynamic space for both residents and businesses, adding immense value to the Charleston SC real estate market.
Scheduled for completion in 2027, the Ashley River Crossing will be a dedicated pedestrian and bike bridge connecting West Ashley to downtown Charleston. This Charleston infrastructure project will provide a safe, direct route for non-motorized commuters and encourage eco-friendly transportation options. This project will significantly improve accessibility and connectivity between these two major Charleston neighborhoods.
The Union Pier redevelopment, now owned by local billionaire Ben Navarro, is set to transform 70 acres of prime waterfront property in downtown Charleston. With the departure of Carnival cruises in Charleston, the site is being reimagined with a focus on affordability and community benefits. The city is advocating for public waterfront access, making Union Pier a key Charleston waterfront access project to watch.
Roper St. Francis Move: A Healthcare Shift in Charleston
By 2029, Roper St. Francis Healthcare will relocate to a $1 billion medical campus in North Charleston near Interstates 26 and 526. MUSC will take over Roper’s current downtown location, opening 27 acres for new development in the heart of Charleston SC. This Roper St. Francis relocation marks a major shift in the region’s healthcare landscape and real estate opportunities.
The $185 million Phase II of the Courier Square project will bring 300 apartments, retail spaces, and a community greenspace to the former Post & Courier building site. This mixed-use development will blend modern architecture with Charleston’s historic charm, reinforcing the area’s status as a premier destination for living and leisure.
The long-anticipated Ashley Landing West Ashley project is moving forward, set to revitalize the former Piggly Wiggly site on Sumar Street. Approved by the Charleston City Council, the redevelopment will introduce mixed-use properties, affordable housing, green spaces, and bike-friendly pathways, creating a thriving community hub in West Ashley.
With these transformative Charleston real estate developments, the city is poised for unprecedented growth and modernization. Whether you’re an investor, homebuyer, or resident, keeping an eye on these projects will help you navigate Charleston’s evolving property market. Stay tuned as Charleston enters its next exciting chapter!
