Thanks to the constant flow of tourists and loyal local patrons, retail in Charleston is always growing. But as the Holy City continues to attract retailers from all over, finding the right space may prove difficult. As a result, developers are coming in to create new space and expand retail to the edges of the peninsula and beyond. Keep an eye out for some of these hot new spots for retail space in Charleston.
Coming to Daniel Island later this year is Central Island Square, a development of luxury apartment buildings with prime street front retail. With wide sidewalks lining retail space and a large outdoor courtyard, Central Island Square will be the perfect place for the Daniel Island community to come together for their shopping and dining needs. Central Island Square is expected to be completed in fall of this year.
601 Meeting Street is one of the latest ventures in downtown Charleston development and revitalization of the upper Meeting Street area. Located along Huger and Meeting streets, the apartment and retail space will offer approximately 16,000 square feet of street front retail opportunity. With 20’ ceilings and stunning steel and glass exterior, 601 Meeting will provide an exciting and striking presence for retailers.
Downtown Charleston development will soon provide retailers with another exciting opportunity. WestEdge is a vibrant community coming to invigorate the medical and research district with a taste of the historic district. The community will provide living and working spaces along with opportunity for retail. WestEdge is designed to bring the best and brightest together to discover, collaborate, and thrive while providing an exciting living experience, expecting upwards of 50 new shops and restaurants. Developers expect completion of the grocery, dining, and shopping facilities in October 2018.
Evening Post Industries and various developers have undertaken an long-term redevelopment plan to update the area surrounding its office. The Courier Square site will comprise the 12 acres surrounding EPI’s uptown Charleston office. While work has already begun, expect to see ongoing development and opportunities for space becoming available as this long-term project continues.
Redevelopment of existing spaces has been a common trend in Charleston over the past few years, and the trend continues with West Ashley’s Ashley Oaks Plaza, located at the intersection of Ashley River Road and Wappoo Road. Developers plan to update the shopping center to focus on local retailers and businesses and potentially hold a large chain grocery store. West Ashley makes up half of the city’s population, and Charleston residents are ready to see the area upgraded and revitalized. The redevelopment of Ashley Oaks Plaza is just the beginning for the West Ashley area.