Officials announce $1B Charleston development - WCIV-TV | ABC News 4 - Charleston News, Sports, Weather

Officials announce $1B Charleston development

Posted: Updated:

CHARLESTON, S.C. (AP) -- Charleston Mayor Joe Riley and Medical University of South Carolina President Ray Greenberg have announced plans for a $1 billion, 20-year development on the Charleston peninsula.

Riley told reporters Monday the project could be the largest in the city's history.

Officials say the Horizon District between the city's medical complex and The Citadel along the Ashley River will be developed for housing, stores and research and technology businesses.

Half of the 20 acres on the site are half owned by the city and half by MUSC. It is now largely open space used for parking for the university. Much of the development would be done by private companies.

Officials are sending requests for proposals for a master developer and say the first buildings could be up in a few years.

Powered by WorldNow

ABCNews4 WCIV-TV

888 Allbritton Dr.
Mt. Pleasant, SC 29464
843-881-4444 | Advertising Information

Public Information File

For assistance with accessing WCIV-TV's public information file, click here.

Advertising

Advertising Credit Application and Terms and Conditions PDF.

Powered by WorldNow
All content Copyright © 2014 WCIV and Worldnow. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.