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Park Circle Revitalization effort to begin Phase 2 - Live5News.com | Charleston, SC | News, Weather, Sports

Park Circle Revitalization effort to begin Phase 2

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Oak Terrace Preserve in Park Circle. Source: spectrumproperties.biz Oak Terrace Preserve in Park Circle. Source: spectrumproperties.biz
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NORTH CHARLESTON, SC (WCSC) -

Mayor Keith Summey and Councilman Bob King will speak at a press conference on February 8 to mark the beginning of Phase 2 of the Park Circle Revitalization project.

The conference will be held at the entrance of Oak Terrace Preserve neighborhood in Park Circle on Friday, Feb. 8 at 11 a.m. Speakers will discuss residential growth in the city since 2006, plans to revitalize sections of Rivers Avenue, and the opportunity for private developments in Park Circle resulting from redevelopment plans.

Phase 2 of the plan will include the construction of 52 single family housing units and 16 town homes over the next 18 months.

Mayor Summey credits the Park Circle Revitalization project with bringing residents back to the historic district.

"Until construction began on Phase 1, there had not been a new housing development in the Park Circle area for 50 years," said Summey. "Now, young families are coming back to the neighborhood, and private residential developments, like Mixson and Hunley Waters, are now gearing up with new construction as the recovery is gaining momentum after the national housing recession of 2008."

Oak Terrace Preserve has received national recognition since its inception. The neighborhood has been awarded the National League of Cities Award for Municipal Excellence, and has made the Green Building Magazine list for top ‘green' neighborhoods in the U.S.

"This notoriety is a product of public and private efforts to redevelop a neighborhood that could have easily been lost without careful planning and investment," adds Summey. "We've come a long way in six years, but I truly believe the best is yet to come."

The public is invited to celebrate the neighborhood's progress at a block party that will be held on Saturday, February 9 from 11 a.m. to 3 p.m. in Park Circle. The party will feature food, games, live music and much more.

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