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Canalside Lofts gears up for third, final phase

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Developers of Canalside Lofts, a residential community in downtown Columbia, plan to offer an informational presentation at today’s meeting of the Design/Development  Review Commission. (Image/Provided)

By Chris Cox
ccox@scbiznews.com
Published Sept. 10, 2015

The Beach Company is preparing to embark on its third and final phase at Canalside Lofts, the residential development on the edge of the Vista.

The final piece of the 23-acre property will see the construction of six new buildings, including one structure slated for restaurant and retail use. The Taylor Street property, which has a mixture of townhouses and smaller apartments, currently has 374 units.

Ned Miller, the development and acquisition manager at The Beach Company, is slated to give an informational session on the project at this afternoon’s meeting of the city’s Design/Development Review Commission.

Developers have said they envision around 750 units for the waterfront area adjacent to the Columbia Canal. The complex first opened in 2008 and the city-owned Three Rivers Greenway Esplande, a long public walkway along the water, was unveiled in 2009.  A second phase to the apartment complex was completed in 2013

Each new building will feature the same contemporary style consistent throughout the Canalside neighborhood, according to city of Columbia documents. Four of the buildings will be three stories, another will be five and a final construction will be four.

The latter is programmed with active retail and commercial office space, documents show, providing storefront and entries along the street. A restaurant is shown at the corner, and there is an opportunity for a prominent entrance and outdoor dining, the developer wrote.

Canalside took over the site that was occupied for more than a century by the Central Correctional Institution, the prison which included South Carolina’s death row until 1990. The prison closed in 2004 and the site was sold to the city of Columbia for $3.2 million.

Reach Chris Cox at 803-726-7545 or on Twitter @chrisbcox.

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