Plans to begin the multi-million dollar renovation project near the Old Naval Hospital and Shipwatch Square in North Charleston are moving forward.
Tuesday, members of North Charleston's City Council approved an amendment by a 7-3 vote, allowing the city to close on the sale of the Old Naval Hospital as early as Friday.
The buyer, Chicora Gardens Holdings, LLC. is set to deliver three million dollars to the city immediately, with an additional two million dollars being paid on or before September 30, 2014.
The September date is also the deadline for the development group to decide to close on the Shipwatch property at a cost of roughly $4.2 million.
The city is expected to attract a major grocer to the site.
Chip Lucas, owner of Auto Sound Specialists, an automotive business sandwiched between the Old Naval Hospital and the vacant lot at Shipwatch Square said the lack of nearby businesses has taken its toll on many in the North Charleston area.
"When I first came here the Navy was here and they used to pump like$ 2.3 million a month into this general area," Lucas said.
Lucas now operates the shop by himself, after downsizing from seven employees.
"Now we have a great big field that has lots of possibilities and I'd like to see something happen."