A large office building with a retail component and a five-story parking deck is in the works for Charleston’s upper peninsula. Developers Ross Cowan and Thomas Nakios plan to build a three-story office building in front of a 350-space parking garage at 1074 Morrison Drive.
In May, the developers, affiliates of Cowan Nakios Group LLC, paid $6 million for the tract across from Butcher & Bee and Edmund’s Oast and also bought a small corner parcel at Morrison Drive and Brigade Street at the same time for $1.275 million. The corner site houses two small businesses in separate structures that are slated to be demolished. They include housewares and gift shop Indigo Market and disaster clean-up business ServPro.
For the office structure, developers plan to build two stories along Morrison Drive with a third floor set back. All floors will have 16-foot ceilings. Nakios said the office structure’s height is meant to mask the garage planned behind the two buildings. Parking will be accessible from both Morrison Drive and Brigade Street.
The office structures, divided by a central core, will include about 100,000 square feet of leasable space. Private rooftop decks will be available for office tenants, and a terrace overlooking an outdoor patio area may also be offered.
The outdoor patio will sit between the main office structures and another 8,000-square-foot, two-story building planned at Brigade and Morrison streets. The first floor will be set aside for retail while the second level can be used for retail or office space, Nakios said.
In the main office structures, other ground-floor space will be set aside for retail as well. Customer parking will be provided in the parking deck, he said. Nakios hopes demolition on the current structures can begin by late summer with construction starting by late fall. “We want to have shovels in the ground by the end of the year,” he said.
Source: Post and Courier