Groove to the Music with Dance Classes Near Ravenel, SC

RAVENEL, S.C. (WCSC) - A 350-unit housing development in the Town of Ravenel is one step closer to being built.

For some background, the proposed 350-unit development sits on 755 acres of land on Davidson Road, right across the street from Poplar Grove Equestrian Center.

According to the developer’s plans, 131 acres will be preserved as wetlands, 145 acres will be dedicated to green space and park and 25 acres will be for commercial use.

On Tuesday night, the town’s council unanimously approved the development during its first reading with contingencies, including adding a 100-foot buffer for residential areas and restricting gasoline sales, big box stores and boat stacking in the development’s commercial portion.

Some residents who attended Tuesday’s meeting said they are concerned about the impacts the development will have on the town’s infrastructure.

Angela Brown said she has lived in Ravenel her entire life. Brown said she’s not entirely against development in the town, but thinks 350 units will disturb the community.

“I’ve always known it as a rural area-- country. Walking bare feet on a dirt road, watching the birds in the trees, we used to play in the woods,” Brown said. “You’re coming through our village, this is our village, and you’re wanting to force something down our throats”

David Baird lives on Davidson Street-- the same street where the 350-unit development is proposed. He said people live and move to Ravenel for a reason, because it is rural.

“We’re not ready for that. It’s a rural area. It’s meant to be that way,” Baird said. “The road is small, there’s not really a way to expand the road without covering up current sewer lines.”

Mayor Stephen Tumbleston said the development will benefit the community financially and believes it will be noninvasive to the surrounding community.

“The entire Tri-County area is changing, and I don’t particularly like it. I grew up right down the road. I’ve seen the changes; we’re trying to manage that with the developments that we have approved,” Tumbleston said. “All the traffic that you see on Savannah Highway and all of our secondary roads, aren’t from anything that we’ve done in the last couple of years. It’s just the natural progression of the traffic that’s flowing through our town.”

The Costal Conservation League provided one of the comment letters that they sent to Mayor Tumbleston regarding the proposed development.

Although Tuesday’s approval was unanimous, it was just the first reading. The second reading will be held at next week’s town council meeting.

We’ve reached out to the developer for comment and have not heard back at this time.

Copyright 2023 WCSC. All rights reserved.

RAVENEL — This small town of 2,700 people southwest of Charleston could double in population within 10 years to the current size of neighboring Hollywood as more than 1,100 new homes are built in two previously annexed large tracts and another one vote away from being added.

At the same time, officials are considering annexing another parcel for more new residences, its fourth tract in two years.

Ravenel’s planning board will consider a request March 23 to annex 20 acres on New Road adjacent to a 24-acre parcel already in the town for a new housing development called The Stables on the combined 44-acre tract.

Homebuilder D.R. Horton plans to build 52 single-family houses on 19 acres, according to site plans. The company also wants to set aside just over 1 acre for commercial space, about 8 acres for a water feature and 16 acres for green space. Part of the property is undevelopable wetlands.

The development, south of U.S. Highway 17 at 5823 and 5827 New Road, would have public water but be served by septic systems.

The pending annexation comes as the town considers a proposal to annex 755 acres on Davison and County Line roads for a new housing project called The Preserve. Augusta-based developer Southeastern wants to build 350 homes and set aside 25 acres for commercial space across from the firm’s Poplar Grove development.

Charleston is better-positioned in the commercial real estate sector than much larger U.S. markets to stave off economic distress that could result from higher borrowing costs and the unsettled office sector after the pandemic.

That’s the assessment of industry experts who specialize in office, industrial and retail properties.

“There are more tailwinds than headwinds (for Charleston),” said Manus Clancy, senior managing director at Trepp, a New York City-based financial information service for the commercial real estate industry.

“Charleston is strong across all property types,” he said. “You are punching above your weight when it comes to the metrics.”

Clancy noted “a dramatic difference in geography” across the nation for areas affected by the fallout of the shift toward the hybrid model of in-person and remote office work policies.

Large cities, such as San Francisco, Baltimore and Seattle, where the quality-of-life quotient is offset by long commutes, are not faring well after the global health crisis.

“This puts cities like Charleston, Greenville, Austin and Salt Lake City in the driver’s seat to attract more industries,” Clancy said.

He pointed out housing costs are higher in Charleston than most of the rest of South Carolina, but compared to many large metro areas it’s more affordable and the quality of life is attractive in the Lowcountry.

He also noted the area’s labor force is strong and increasingly better educated.

“People want to flock to places where their students can be educated,” Clancy said. “In Charleston, you have the ability to make that case.”

Clancy added the financial industry has not fully recovered from the spring scare instigated by several high-profile bank failures, and credit, especially for the office sector, is going to be harder to come by.

Still, he noted borrowing continues in the commercial real estate market, but at roughly half the pace as last year.

Cubicle command

The office market is showing the most stress, with delinquencies of commercial mortgage-backed securities more than doubling from less than 2 percent in December to about 5.5 percent nine months later.

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In the Charleston area, vacancy rates for office space average just under 12 percent, based on composite local market reports for the July-September period from the commercial real estate firms of Avison Young, Colliers and Lee & Associates.

The latter firm said it sees an uptick in office occupancy in 2024 as more employers require staffers to show up in person more often. Avison Young echoed the move next year to the hybrid arrangement.

Colliers cited the updated working environments and ease of access as the drivers of the office market, and the firm projected a flattening of vacancies by the first quarter of next year.

Lee Allen, executive managing director for commercial real estate firm JLL in Charleston, said the local office sector never got overbuilt and the risk is lower for newer, more creative offerings.

“What we have seen in the market is a flight to quality,” Allen said.

Business and other employers that are set on bringing workers back to the office two to three days a week want to elevate their experience with a top-notch working environment to keep top talent from jumping ship.

RAVENEL — For the third time in less than two years, this small suburban Charleston County town is poised to annex another sizable tract and expand its residential and commercial base.

Ravenel’s Planning Commission will hold the first of two public hearings Feb. 23 to consider adding 755 acres along County Line Road for the creation of The Preserve at Ravenel where Augusta-based Southeastern plans to build up to 350 residences across the street from its Poplar Grove development.

An affiliate of the Georgia builder bought the land in 2004 from MeadWestvaco Forestry LLC for $2.04 million, according to Charleston County property records.

Construction on houses and townhomes in The Preserve is planned to occur over five to 10 years on nearly 300 acres, according to Vic Mills, Southeastern’s CEO. Roughly half of that acreage is slated for parks, trails and open space around the planned residences.

Another 25 acres near a bend of Davison and County Line roads is set aside as a business node. About 130 acres, or 17 percent of the larger tract, is undevelopable wetlands.

Nearly half of the land set to be annexed, about 336 acres along the backside of The Preserve tract, is designated as agricultural land and not slated for development, according to Mills.

Ravenel Mayor Steve Tumbleston said he’s in favor of “some version” of the planned development, but he wants more input from the Planning Commission and the public.

“I think there is going to be some negotiations,” he said.

He noted the biggest concern he hears from residents is that the annexation will lead to an explosion of growth within the town’s limits.

“That just can’t happen,” Tumbleston said. “We don’t have the sewer capacity.”

The town has a new sewer system with a limit of about 2,000 taps for residential and commercial development. More than half of the taps have been set aside for already-approved ventures. The rest is committed to commercial projects, future affordable housing and infill development along U.S. Highway 17.

Charleston is better-positioned in the commercial real estate sector than much larger U.S. markets to stave off economic distress that could result from higher borrowing costs and the unsettled office sector after the pandemic.

That’s the assessment of industry experts who specialize in office, industrial and retail properties.

“There are more tailwinds than headwinds (for Charleston),” said Manus Clancy, senior managing director at Trepp, a New York City-based financial information service for the commercial real estate industry.

“Charleston is strong across all property types,” he said. “You are punching above your weight when it comes to the metrics.”

Clancy noted “a dramatic difference in geography” across the nation for areas affected by the fallout of the shift toward the hybrid model of in-person and remote office work policies.

Large cities, such as San Francisco, Baltimore and Seattle, where the quality-of-life quotient is offset by long commutes, are not faring well after the global health crisis.

“This puts cities like Charleston, Greenville, Austin and Salt Lake City in the driver’s seat to attract more industries,” Clancy said.

He pointed out housing costs are higher in Charleston than most of the rest of South Carolina, but compared to many large metro areas it’s more affordable and the quality of life is attractive in the Lowcountry.

He also noted the area’s labor force is strong and increasingly better educated.

“People want to flock to places where their students can be educated,” Clancy said. “In Charleston, you have the ability to make that case.”

Clancy added the financial industry has not fully recovered from the spring scare instigated by several high-profile bank failures, and credit, especially for the office sector, is going to be harder to come by.

Still, he noted borrowing continues in the commercial real estate market, but at roughly half the pace as last year.

Cubicle command

The office market is showing the most stress, with delinquencies of commercial mortgage-backed securities more than doubling from less than 2 percent in December to about 5.5 percent nine months later.

Get the best of the Post and Courier’s Real Estate news, handpicked and delivered to your inbox each Saturday.

Email

In the Charleston area, vacancy rates for office space average just under 12 percent, based on composite local market reports for the July-September period from the commercial real estate firms of Avison Young, Colliers and Lee & Associates.

The latter firm said it sees an uptick in office occupancy in 2024 as more employers require staffers to show up in person more often. Avison Young echoed the move next year to the hybrid arrangement.

Colliers cited the updated working environments and ease of access as the drivers of the office market, and the firm projected a flattening of vacancies by the first quarter of next year.

Lee Allen, executive managing director for commercial real estate firm JLL in Charleston, said the local office sector never got overbuilt and the risk is lower for newer, more creative offerings.

“What we have seen in the market is a flight to quality,” Allen said.

Business and other employers that are set on bringing workers back to the office two to three days a week want to elevate their experience with a top-notch working environment to keep top talent from jumping ship.

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The growing metropolitan Charleston area continues to spread farther into what was once the rural countryside.

The town of Ravenel in southwestern Charleston County is the latest to experience the region’s growing pains as it contemplates growing by 755 acres and adding 350 more houses. Just what the final development will look like has not been decided.

Town Council voted 6-1 Feb. 28 for initial approval to annex the acreage at the bend of Davison and County Line roads in Charleston County. A second majority vote is needed before the property becomes part of the small town of about 2,700 residents.

Real Estate

Vic Mills of Augusta-based development firm Southeastern​​​​​​​ wants to build the homes in a new development called The Preserve at Ravenel across from his Poplar Grove community. He also wants 25 acres for commercial use. Much of the parcel, which includes some wetlands, is set aside as agricultural land, where Mills does not currently plan to build houses.

At two recent public hearings, residents raised concerns over the number of homes, increased traffic on the two-lane road, the type of businesses that would be allowed in the commercial node and whether the agricultural land can be placed in a conservation easement to prevent or restrict further development.

Real Estate

The town’s leaders are expected to address many of those issues before signing off on a development agreement that will dictate what goes on the acreage.

Mayor Steve Tumbleston said another meeting may be scheduled before the next regular Town Council meeting on March 28 to iron out the details. A date and time have not been set.

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Beezer Molten of Charleston founded the outdoor gear chain in 1993 in a small shop on North Market Street. Half-Moon Outfitters​​​​​​​ now has eight locations across two states with another shop on the way in Summerville. Shoe Show Inc. of Concord, N.C., recently bought the business Molten started.

Charleston is better-positioned in the commercial real estate sector than much larger U.S. markets to stave off economic distress that could result from higher borrowing costs and the unsettled office sector after the pandemic.

That’s the assessment of industry experts who specialize in office, industrial and retail properties.

“There are more tailwinds than headwinds (for Charleston),” said Manus Clancy, senior managing director at Trepp, a New York City-based financial information service for the commercial real estate industry.

“Charleston is strong across all property types,” he said. “You are punching above your weight when it comes to the metrics.”

Clancy noted “a dramatic difference in geography” across the nation for areas affected by the fallout of the shift toward the hybrid model of in-person and remote office work policies.

Large cities, such as San Francisco, Baltimore and Seattle, where the quality-of-life quotient is offset by long commutes, are not faring well after the global health crisis.

“This puts cities like Charleston, Greenville, Austin and Salt Lake City in the driver’s seat to attract more industries,” Clancy said.

He pointed out housing costs are higher in Charleston than most of the rest of South Carolina, but compared to many large metro areas it’s more affordable and the quality of life is attractive in the Lowcountry.

He also noted the area’s labor force is strong and increasingly better educated.

“People want to flock to places where their students can be educated,” Clancy said. “In Charleston, you have the ability to make that case.”

Clancy added the financial industry has not fully recovered from the spring scare instigated by several high-profile bank failures, and credit, especially for the office sector, is going to be harder to come by.

Still, he noted borrowing continues in the commercial real estate market, but at roughly half the pace as last year.

Cubicle command

The office market is showing the most stress, with delinquencies of commercial mortgage-backed securities more than doubling from less than 2 percent in December to about 5.5 percent nine months later.

Get the best of the Post and Courier’s Real Estate news, handpicked and delivered to your inbox each Saturday.

Email

In the Charleston area, vacancy rates for office space average just under 12 percent, based on composite local market reports for the July-September period from the commercial real estate firms of Avison Young, Colliers and Lee & Associates.

The latter firm said it sees an uptick in office occupancy in 2024 as more employers require staffers to show up in person more often. Avison Young echoed the move next year to the hybrid arrangement.

Colliers cited the updated working environments and ease of access as the drivers of the office market, and the firm projected a flattening of vacancies by the first quarter of next year.

Lee Allen, executive managing director for commercial real estate firm JLL in Charleston, said the local office sector never got overbuilt and the risk is lower for newer, more creative offerings.

“What we have seen in the market is a flight to quality,” Allen said.

Business and other employers that are set on bringing workers back to the office two to three days a week want to elevate their experience with a top-notch working environment to keep top talent from jumping ship.

RAVENEL, S.C. (WCBD) – Ravenel leaders discussed Tuesday night plans for a proposed development that has some community members upset.

The proposed development is the Preserve at Ravenel, and community members voiced their opinions on the development before town council voted on the first reading.

Ravenel neighbors gathered in front of Ravenel Town Hall prior to Tuesday’s council meeting to discuss the proposed Preserve at Ravenel development.

“It’s been a very confusing process to all of us as concerned citizens,” Ravenel resident Melissa Barfield said. “So, now we’re just trying to figure out exactly what is going to happen.”

Some residents worry that the 755-acre development that would be located on Davison Road, and include 350 dwelling units and 25 acres of commercial space, would overwhelm the town’s roads.

“It’s traffic,” Barfield said. “Its traffic is what it is, and that’s our concern. We travel this road every day, not just me, but everybody who lives off or on Davison Road travel it every day and we see the traffic we sit in every morning. And it’s just going to create more.”

For neighbors like Angela Brown who grew up in Ravenel, she fears this development could be the start of transforming her home into a place seemingly unrecognizable.

“We have a history there,” Brown said. “I want to know, ‘What’s in it for us?’ You’re coming through our village. This is our village, and you’re just wanting to force something down our throats. I’m very disappointed that this is happening.”

During the meeting, council voted on the project’s first reading, and it passed unanimously.

After residents received a letter from Ravenel Mayor Stephen Tumbleston early Tuesday stating they would not be allowed to comment on the development at the meeting, they were permitted to do so.

“I just think there’s so many little things that can be changed to make this more palatable to the community,” one Ravenel resident said. “And we would probably say, ‘Yes, okay,’ if some of those changes were implemented. Otherwise, I think it’s a terrible idea.”

Mayor Tumbleston says the town has seen steady growth through the years, and he’s confident if this development is approved, it will be a major benefit to the community.

“Dorchester County using 165 now as a beltway around has had a huge impact on the traffic in our town,” Tumbleston said. “So, why can’t we grow a little bit, too? To reap some of the benefits, where we’re not just a speed bump for everybody else traveling through.”

The second reading will be voted on at next Tuesday’s (3/28) town council meeting.