Planners examine proposal for Magnolia development

Planners examine proposal for Magnolia development

CHARLESTON, SC (WCSC) - Charleston city planners are discussing a proposed development for a 200-acre piece of land between I-26 and the Ashley River.

Developers hope the Magnolia project will be a modern, urban living area with loft-style apartments, store fronts and a waterfront park. It is a project they have been trying to get started for about a decade.

The area has been vacant for decades after former industrial buildings closed down and were demolished.

They say they are looking north to areas considered to be part of the "neck" of the peninsula as downtown Charleston continues to see growth. They hope to attract a growing number of young adults moving to Charleston for jobs in the tech industry.

If planners approve the design in Tuesday night's meeting, developers hope to break ground in the next year.

Copyright 2016 WCSC. All rights reserved.