city-of-charleston-ways-means-committee-agenda-september-9-2025_375.pdf
Lease Option for Grove on Johns Island Extended
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Description
Charleston will execute a Third Amendment to the Option to Lease with The Grove on Johns Island, LP, extending the Phase I Option Period to October 1, 2025 to allow the developer to secure financing. Ways and Means approval and first reading are requested, with later readings contingent on Real Estate Committee approval.
Contract Details
Vendor
GROVE ON JOHNS ISLAND LP
Agency
City of Charleston city, SC
Contract Type
FACILITIES
Document Date
September 9, 2025
Contract Term
Phase I Option Period extended to October 1, 2025
Renewal Date
2025-10-01
Renewal Info
Third amendment specifically extends the Phase I Option Period to a new fixed date; further extensions would require additional amendments or council action.
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Related Contracts
city_council_minutes_october_14_2025.pdf
EXTENDEDcity-of-charleston-committee-on-real-estate-meeting-agenda-september-22-2025_1ea.pdf
APPROVEDcity-of-charleston-city-council-meeting-agenda-september-9-2025_4f3.pdf
AMENDEDcity-of-charleston-city-council-meeting-agenda-september-9-2025_4f3.pdf
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