CONTRACTPENDING

City Mulls Option Amendment for Affordable Housing Deal

Disclosed value: $1,000,000; From agendapacket
Document date: Aug 15, 2026

What it covers

The City of Charleston is considering a First Amendment to its Option Agreement with America Street Ventures LLC for the purchase of three City-owned parcels on Aiken and America Streets for a mixed-use project with up to 52 affordable and workforce housing units. The amendment extends the option to September 30, 2026, sets a $1,000,000 purchase price, recognizes a $400,000 City contribution tied to affordable units, and imposes restrictive covenants and potential additional price if fewer affordable units are delivered.

Who holds it

America Street Ventures LLC holds this facilities contract with City of Charleston city.

What happens next

Term as filed: Option period extended to September 30, 2026.

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Contract details

Contract type: Facilities
Amount: $1,000,000
Document date: August 15, 2026
Term: Option period extended to September 30, 2026
Vendor: America Street Ventures LLC
Agency: City of Charleston city
Source document: City of Charleston Committee on Real Estate Agenda Packet 2026-08-17 (AgendaPacket)

America Street Ventures LLC's other public contracts

City of Charleston city, South CarolinaAmerica Street Ventures Option Amendment Withdrawn · Aug 18, 2026Undisclosed City of Charleston city, South CarolinaAmerica Street Ventures Option Amendment Considered · Aug 18, 2026Undisclosed City of Charleston city, South CarolinaCharleston Amends America Street Ventures Option · Aug 17, 2026 City of Charleston city, South CarolinaCity Amends Option for Affordable Housing Development · Aug 15, 2026Undisclosed City of Charleston city, South CarolinaOption Agreement Amended for America Street Ventures · Aug 15, 2026Undisclosed All America Street Ventures LLC contractsVendor profile

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Questions about this contract

Who was awarded the facilities contract by City of Charleston city?

America Street Ventures LLC was awarded this facilities contract by City of Charleston city, as recorded on August 15, 2026. The contract value is $1,000,000.

How much is the America Street Ventures LLC contract with City of Charleston city worth?

The America Street Ventures LLC contract with City of Charleston city is valued at $1,000,000, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Charleston Committee on Real Estate Agenda Packet 2026-08-17 (AgendaPacket), dated August 15, 2026 from City of Charleston city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does America Street Ventures LLC hold?

America Street Ventures LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Charleston city currently buying?

Explore City of Charleston city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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