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| The $100 million Kline City Center project won approval of the city’s Design/Development Review Commission at Thursday’s meeting. (Image/Provided) |
Staff Report
colanews@scbiznews.com
Published Feb. 12, 2016
The city of Columbia’s Design/Development Review Commission on Thursday unanimously granted final approval of plans for two downtown projects representing an estimated $158 million in investment and some 700 living units, plus a hotel and office space.
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| The $58 million CanalSide Lofts project will bring more than 300 units and 30,000 square feet of commercial space to property along Taylor Street near the Columbia Canal. (Image/Provided) |
The developer, The Beach Co. of Charleston, expects to break ground late in the summer quarter with a 24-month construction cycle.
Greenville-based Homes Urban followed, winning the panel’s OK to move forward on a $100 million mixed-use project at the corner of Huger and Gervais streets, one of the few remaining large, undeveloped parcels in downtown Columbia.
The four-building project includes a 140-room hotel, office, retail space and up to 350 condos or apartments.
The project will be done in two phases. The first phase will involve the construction of two 50,000-square-foot buildings, parking garages and infrastructure for the overall development.
One of the Phase I buildings, located at the corner of Huger and Washington streets, would include residential and restaurant-retail space on the first floor, with parking to the west of the building adjacent to the S.C. Electric & Gas substation. The second building, a five- to six-story structure, would be built on Gervais, along the western edge of the property. The other two buildings would be built at the corner of Gervais and Huger.
The second phase would include a hotel and a 50,000-square-foot residential-commercial building.
Kline Iron & Steel, a Columbia-based manufacturer of broadcast towers, moved onto the site in 1923. The company was acquired by American Tower Corp. in 2003 and a year later sold to SPX Corp. In 2004, the company left the Columbia site and the last building was razed in 2006.
That year the Kline family offered a plan to develop a complex with more than 400 condos, 60,000 square feet of retail, an office building and a hotel. But the $120 million plan was scrapped once the economic downturn hit.
Homes Urban plans to begin construction this spring.
