Alan Freeman and Jeff Yurfest of The Shopping Center Group represented the buyer, Edens, in the sale of 104,000 square feet and 8.8 acres of retail space at Moultire Plaza on Coleman Boulevard and Simmons Street in Mount Pleasant.

GMB LLC sold the property for $28.5 million. Tim Wood and Woody Kapp of Meyer Kapp and Associates represented the seller.

Other commercial real estate transactions in the Charleston area include:

Jing “Julia” Donovan of Coldwell Banker Commercial Atlantic represented the tenant, Manqing Ye, in the lease of retail space at 1039 Johnnie Dodds Blvd. in Mount Pleasant. Mark J. Tezza of Kennerty, Ratner, Tessa LLC represented the landlord, Caro-Cal Associates LLC.

Hannah Kamba and Brent Case of Coldwell Banker Commercial Atlantic represented the tenant, Dulce Inc., in the lease of 2,404 square feet of retail space at One Nexton Blvd. in Summerville from The Shopping Center Group. Jeff Yurfest represented the landlord.

Robert Pratt of Re/Max Pro Realty represented the landlord, 113 N. Magnolia LLC, in the lease of 1,366 square feet of retail space at 113 N. Magnolia St., Suite A, in Summerville to Sip of the South LLC. Roy Oglesby of Carolina One Real Estate represented the tenant.

NAI Charleston veteran broker Will Sherrod recently facilitated the sale of a 23,755-square-foot former bank branch and additional office space on 3.7 acres of land at 201 N. Spence Ave. in Goldsboro, N.C. The property is located approximately one mile from Seymour Johnson Air Force Base and sits near N. Berkeley Boulevard, which is the main retail corridor serving the Goldsboro market.

Jenna Philipp of Palmetto Commercial Properties LLC represented the landlord, James Island Business Park LLC, in the lease of 15,315 square feet of industrial space at 1750 Signal Point Road to Jenna Mobile Philipp.

Caroline Boyce of Coldwell Banker Commercial Atlantic represented the tenant, Sweet Moon Bakery, in the lease of 1,200 square feet of retail space in Unit 12 at 5131 Dorchester Road in North Charleston. Vitre Ravenel Stephens and Taylor Sekanovich of Harbor Commercial Partners represented the landlord.

Hannah Kamba and Brent Case of Coldwell Banker Commercial Atlantic represented the tenant, Blue Clements Ferry Inc., in the lease of 4,000 square feet of retail space at 834 Foundation St. in Charleston. Fritz Meyer and Eric Meyer of Meyer Kapp & Associates LLC represented the landlord.

Hannah Kamba and Brent Case of Coldwell Banker Commercial Atlantic represented the tenant, Catrinas Nexton Inc., in the lease of 4,567 square feet of retail space at One Nexton Blvd. in Summerville. Jeff Yurfest of The Shopping Center Group represented the landlord.

Todd Garrett, Tradd Varner and Crawford Riddle of Harbor Commercial Partners represented the buyer, 2514 Oscar Johnson Road LLC, in the sale of 4,968 square feet industrial space at 2514 Oscar Johnson Road in North Charleston from the estate of Johnathan Uram for $785,000. Robin Pye of Carolina One Real Estate represented the seller.

Vitré Ravenel Stephens and Taylor Sekanovich of Harbor Commercial Partners represented the landlord, Fifty-Two Associates, in the lease of 2,750 square feet of retail space at 8410 Rivers Ave., Suites B and C, North Charleston, to Mulligan's.

Mark Erickson and Jarred Watts of Colliers represented Geopolymer International LLC in the leasing of 4,000 square feet of industrial space at 200 Varnfield Drive in Summerville.

Hot Properties highlights recently sold or leased commercial properties in the Charleston region. Send in your transactions using our online form.

The Town of Mount Pleasant is considering a ban on new slab-built single-family homes in flood zones. Also known as “slab-on-grade” or “fill-and-build” construction, the method involves placing homes directly on a concrete slab foundation, which can make those buildings vulnerable to flooding.

The practice can also create a domino effect that impacts adjacent homeowners. When trying to ensure new homes reach a certain elevation above sea level, developers often will raise a plot by importing dirt. That practice, multiplied across an entire development, can dramatically shift the hydrology of an area and worsen flooding. Developers often clear-cut trees and other plant life that help capture and control flood water — further complicating an already problematic situation.

Charleston City Council approved an essentially identical ban in April. It was a years-in-the-making policy that involved input from local environmental organizations and developers, according to the Southern Environmental Law Center, one of the ban’s key supporters.

Mount Pleasant’s ban would only bar new slab-built homes in the 100-year floodplain. Those are areas that have a 1 percent probability of flooding in any given year.

The proposed ban would go into effect July 1, six months after Charleston’s takes effect. Katherine Gerling, Mount Pleasant’s floodplain manager, said the proposed timing of the ban was intentional.

“This effective date was chosen to kind of see how the city of Charleston is going to manage their ordinance,” Gerling said at a Dec. 13 meeting of Mount Pleasant’s planning commission, where the proposal was under consideration.

Planning Commission member Adam Ferrara expressed concerns that the ban could make it more difficult to build affordable housing in Mount Pleasant, which has seen rising rents and home costs as a result of a decadeslong population boom. Mount Pleasant’s population has roughly tripled since 1990.

“Just bear in mind, that does kind of go against the narrative of trying to build workforce housing that is single-family,” Ferrara said at the meeting. “That does create a cost burden to builders and to homeowners. I’m not saying that’s right or wrong, I’m just saying that is a result of what we’re doing.”

Despite those concerns, the commission passed the measure unanimously. The ban still needs approval from Mount Pleasant Town Council.

Also at the Dec. 13 meeting, planning commission members voted unanimously in support of a measure extending restrictions on new residential construction in Mount Pleasant. Town leaders enacted that measure in 2019 to curb traffic and strain on local resources in the growing suburbs.

“In response to people that said, ‘We need to have all this development because it’s the only way we’re going to keep real estate reasonable,’ — they are wrong,” commission member Kathy Smith said. “That argument only works when the supply and demand curves are in a state of equilibrium. As long as we are net positive in demand in Mount Pleasant, no matter what we do, prices will go up. You can build until your brains blow out, and the prices will go up.”

The proposed ban would extend the restrictions, which would only permit up to 600 new residences annually, until January 2029. The restrictions also still need approval from the full town council.

MOUNT PLEASANT, S.C. (WCSC) - The town of Mount Pleasant is looking to extend limiting building permits for another five years in an effort to slow growth down and build infrastructure up.

A proposal to extend the building permit allocation system was presented at a planning commission meeting Wednesday night with one more final vote left from the town council.

As people continue to move to the Lowcountry, the town of Mount Pleasant put this building permit allocation into effect back in 2019 and is now looking to extend it until 2029.

“The council is very serious about maintaining our level of service,” Mount Pleasant’s Director of Planning, Land Use and Neighborhoods Michelle Reed says.

“Keeping the growth slowed down, the way they have the last five years, and slowing that growth rate down, has really allowed them to continue the levels of service that we provide to our citizens,” she adds.

The goal is to finish major capital improvement projects before allowing more growth to happen in the town.

“I think the idea is really to allow the town to continue with their infrastructure improvements and to catch up with all the growth that occurred over the years,” Reed says.

The system is broken down into three categories single-family units, accessory dwelling units and multifamily units with a certain number of permits to be issued on a semi-annual basis.

Reed says they never maxed out single-family permits with 480 available and a large amount carrying over into the next year, not really affecting single-family builds.

But if you want to add another dwelling unit to your property, only 20 permits are available each year with a large waitlist putting people on a list for July of 2024.

Five hundred multifamily units were available on a first come first serve basis when the system was put into place, with the permits going quickly to builds at Patriots Point and South Bay.

“Those are the two really that were most affected; your average person that’s coming here and is going to build a single-family home, really didn’t affect them,” Reed says.

But looking at the status of real estate in Mount Pleasant, Charleston Trident Association of Realtors Government Affairs Director Josh Dix says they find the most problems with the dwelling unit permits.

“You have this permit allocation taking place on single-family residential, but it extends beyond just single family,” Dix says. “It’s if you want to add a grandmother, in-law suite, or some duplex on a single-family lot, all of that is contained by this extension.”

Dix adds people are going to be priced out of the area with regulations like the building permit allocation system.

“You have folks in Mount Pleasant, this is an aging demographic, and we want them to be able to age in place,” he says.

“I think permit allocations and caps like what we’re seeing in Mount Pleasant is not the answer to keeping communities and residents in place, where they currently live and exist in their neighborhoods,” Dix adds.

Pricing is also affected, with single-family homes in Mount Pleasant that used to cost $500,000 are now in the millions, Dix says.

“The everyday, middle American that lives here in Charleston, they are being priced out of Mount Pleasant because of these onerous regulations,” he says.

Mount Pleasant Town Council will vote on the final approval for the permit building allocation system in January.

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MOUNT PLEASANT, S.C. (WCIV) — Saving Hamlin.

That's the message from people living in the Hamlin Beach Community who showed up at Mount Pleasant Town Hall Wednesday night. The town’s planning commission voted to recommend the town council deny a rezoning request that would allow for new development.

Hamlin settlement community asks Mount Pleasant officials to stop new development (WCIV)

Multiple people dressed in red brought up their concerns with this possible rezoning to the planning commission.

“We are wearing this red because this is the blood, sweat, and tears that our ancestors have shed to get this land, keep this land,” said Myra Richardson. “And we are also still shedding blood, sweat, and tears to preserve, protect, and keep it for our children, and our great-grandchildren and everybody to come.”

Richardson told News 4 that a move like this would devastate Hamlin.

Read more: "Mount Pleasant native transfers to Tigertown, Graduates from Titletown."

Hamlin Beach is one of Charleston County’s many settlement communities seeking protection for its land, but people say it’s more than just that. They say it’s preserving the roots of the Gullah Geechee culture spanning for decades.

“I’m 51 years old, and I still live on the land, and I can trace my history back to my great-great-grandfather who was a slave living on that land,” said Cassandra Davis.

Land that could be rezoned, giving developers the green light to build new homes.

Read more: "Bailem family protests against alleged unauthorized conversion of John Ballam Road."

Mount Pleasant’s planning commission unanimously decided to recommend denying the zoning request. That recommendation will go to the town council and a final vote will be in its members’ hands.

People living in Hamlin hope the council will also choose to protect their homes.

“Once they come in, one little project at a time, it'll be something that overflows, and it'll be uncontrollable. If you allow one person to do it, then you're not going to be able to deny the next applicant that comes through,” Richardson said.

Richardson said she also worries about development causing traffic and flooding issues. She thinks the rezoning request was extremely vague and fears it would give developers too much power.

Read more: "Mount Pleasant family responds to Charleston County's attempt to dismiss their lawsuit against them."

“You don't know what they want, you don't know what they were planning.”

The planning commission said it’s learning it must shift its focus to protecting the area’s neighborhoods; something the people of Hamlin are grateful for.

“They have just really come together with one sound, one voice to make sure that communities like the Hamlin Beach Community is protected,” Davis said.

The planning commission also mentioned Hamlin Beach is working to get its historic designation, and they wouldn’t want something like a new development to hinder that process.

If you’re dreaming of a white Christmas, you’ve come to the wrong place. It’s not likely that snow will be in our forecast for the holidays, but in these days of wacky weather, you never can tell. We’ve had our share of sunny and warm Christmas days here in the Lowcountry, but there have also been a few harbingers thrown in. In 2018, just after the holidays ended – and two days after the new year was ushered in with temperatures in the 70s – the year started out with more than 5 inches of snow, the third highest amount ever recorded here. The snowfall was followed by nearly a week of below-freezing temperatures and highs reaching only into the teens. Drivers were warned to stay off the roads due to the hazardous icy conditions, but several fatalities occurred when people attempted to simply walk on the ice.

Another bizarre winter storm that many long-time locals remember is the 1989 snowstorm, which happened just three months after Hurricane Hugo wreaked havoc. That one did give us a white Christmas – and even provided a bit of Christmas magic by covering up the mounds of debris and devastation that the hurricane had left behind. Eight inches of snow fell from the evening of Dec. 22 to the 23 and stayed around through Christmas Day.

But even without snow in the mix, there have been terrible ice storms when sleet and freezing rain has chilled the Lowcountry to the core, like in January 2011 when icicles draped live oak and palm trees as well as power lines. That meant many folks lost electricity when those power lines came crashing down—which made things pretty miserable since it meant that many homes had no heat. Along the coast, nearly an inch of ice accumulated. Three years later, the Lowcountry was hit with two consecutive ice storms – one in January and an even more severe one just weeks later which brought a third of an inch of freezing rain. That one forced the authorities to close the Ravenel Bridge when giant icicles hung on the bridge’s cables and later fell onto unsuspecting vehicles.

Even though such occurrences might (thankfully) be the exception rather than the norm for our area, early European settlers in the Lowcountry found that their new home would have its trials and tribulations during the winter. A local newspaper, the South Carolina Gazette, reported on Jan. 2, 1737, that frozen ponds and creeks were covered with a layer of ice 3 inches thick.

But winter storms don’t confine themselves to January, often considered the coldest month of the year. On Feb. 12, 1899, a severe blizzard blasted most of the Southeast, including the Lowcountry. Temperatures here plummeted to 7 degrees F and 4 inches of snow blanketed our area. Another February storm occurred in 1934. Lowcountry resident Yvonne Kanapaux said her parents got married on Feb. 10 during that ice storm. She remembered being told that her father had always jokingly predicted that “it would be a cold day in hell when he got married!” And February 1973 brought a record snowfall of 7 inches. Some locals seized that opportunity to use the old Cooper River Bridge as a ski slope.

The winter of 1784 proved to be a particularly bizarre set of weather anomalies. Due to the El Nino effect ushering in unusually cold temperatures to eastern North America coupled with the effects of an atmospheric low caused by a volcanic eruption in Iceland, frigid water temperatures froze up Charleston Harbor. It was reported at the time that some daring local residents ice skated on the surface of the harbor. Hard to imagine, but fact or fiction, it does allude to an extreme weather event.

Snow and icicles adorning the Palmetto State’s namesake trees might make for an interesting holiday photo replacing the iconic images of snow that appear on commercially produced Christmas cards – scenes that Lowcountry residents have never been able to relate to anyway. But when Old Man Winter pays a visit to our area, it’s not exactly picture-perfect. So this holiday season, just be careful what you wish for!

By Mary Coy

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