New investors plan to jump-start Magnolia project

The “bridge to nowhere” leads from a downtown Charleston neighborhood to a gravel road and vacant lots where the large, mixed-use Magnolia development stalled out when the recession hit. (Photo/Liz Segrist)The 182-acre site was supposed to be a bustling, mixed-use development by now, but the recession stalled plans. A new group of investors plans to redevelop the site into an extension of downtown Charleston with office, retail, residential, restaurant and green spaces. Lingering environmental issues from polluted industrial sites are holding up progress. The new investment group hopes to close on the property next year.  Read More...

Riley names new city planning director

Jacob Lindsey, formerly director of Charleston’s Design Division, has been named director of the Department of Planning, Preservation and Sustainability. Lindsey replaces Tim Keane, who left in June for a similar position in Atlanta. Read More...

The Iron Yard grows Lowcountry footprint

The Iron Yard Charleston recently relocated its programming and Web development school from Mount Pleasant to a 4,500-square-foot space at 17 Princess St. in downtown Charleston. The program plans to add a new offering this fall with a Java focus. Read More...

Wells Fargo donates $1.8M in S.C.

Wells Fargo has invested $1.8 million in 277 nonprofit organizations and schools across South Carolina through the first six months of 2015 and include grants to Trident United Way, Spoleto Festival USA, United Way of Greenville, Habitat for Humanity of Greenville County and United Way of the Midlands. Read More...

Comment period open on new permit for Union Pier cruise terminal project

The S.C. State Ports Authority has filed a new permit with the U.S. Army Corps of Engineers, Charleston District, in an attempt to begin work on the proposed $35 million cruise terminal at Union Pier Terminal. The public has until Aug. 24 to make comments on the proposal, which environmentalists and residents have strongly opposed.  Read More...


Hot Properties for Aug. 3, 2015

R. Andrew Matsick and Debbie Stocker-Meier of Shoreline International Real Estate represented the buyer, Rangoni US Corp., in the purchase of 237 King St. for $4.04 million. Anthony Kassis represented his family’s investment LLC, 237 King LLC, in this transaction. Read More...

Fashion Plate for July 30, 2015

Apricot Lane has opened a boutique at Northwoods Mall in North Charleston. The women’s boutique sells fashion apparel, jewelry, handbags, accessories and gifts. Read More...