City, County Align 993/995 Morrison with Project 3500
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Description
City Council approved a term sheet and authorized an agreement with Charleston County to include 993/995 Morrison Drive in Project 3500 for one year, tying future rezoning to the MU-3 district and requiring affordable housing covenants if no sale occurs. The agreement also allows the County to execute a temporary ground lease for parking while preserving the project’s long-term housing goals.
Contract Details
Vendor
CHARLESTON COUNTY
Agency
City of Charleston city, SC
Contract Type
OTHER
Document Date
March 24, 2026
Contract Term
1 year from effective date of agreement
Renewal Info
One-year exclusive listing-style arrangement; if no bona fide offer is secured within the term, a permanent affordable housing restrictive covenant must be added to the County’s deed.
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City of Charleston Real Estate Committee Meeting Agenda Packet May 2026
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City of Charleston Real Estate Committee Meeting Agenda Packet May 2026
City of Charleston Real Estate Committee Meeting Agenda Packet May 2026
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