Developer Finds Charleston to be Real Estate Dream Locale
By Tim Cotroneo
National residential and commercial developer, East West Partners, found the city of Charleston, SC, to be a real estate match made in heaven. The company discovered that the attributes that draw tourists from around the world, also make the destination a wonderful place to call home. Over the past year, these qualities translated into East West’s three Charleston area projects selling out in a matter of months.
After hitting three consecutive Charleston real estate homeruns, the 20 employees devoted to creating and managing these thriving residential retreats feel like they are just getting started. The truth is, this community-minded team doesn’t rest … even after clients move into their luxury residences featuring amazing views, walking distance convenience, and high-end amenities.
The Cape on Kiawah, 71 Wentworth, and The Waterfront on Daniel Island showcase an irresistible allure of last-of-their-kind buildouts, historical architectural perspectives, and vacation-style appeal. Let’s look at East West’s vision for these amazing developments and what led to these residential gems being purchased in the blink of an eye.
Charleston – Timing is Everything
To understand East West’s current success, it’s helpful to flashback to the company’s history in Charleston. East West Partners nationwide real estate development company
found their way to Charleston in 2000. Their love where you work approach to Charleston echoes their previous developments in Colorado, Hawaii, and Utah. East West’s underlying passion for their portfolio comes with a caveat. Their development selection process targets the cornerstone of living like you’re on vacation.
A handful of East West employees, now based in Charleston, already had deep South Carolina roots. Before opening their local office, the team noted Charleston’s wonderful sense of community, and they began digging into the city’s real estate upside.
Their initial projects in Charleston’s historic downtown, and in neighboring Mount Pleasant, were rousing success stories. Coincidentally aligning with this early success were Charleston’s surging tourism, employment, and restaurant industry numbers. East West’s vision for the Charleston real estate market seemed poised for a breakthrough.
New Meets Old
Everywhere you look in Charleston you’ll find beautifully maintained businesses and residences that are actually hundreds of years old. Coexisting with streets and neighborhoods dripping in history are entire blocks and communities undergoing new construction or restoration.
East West Partners real estate plan fits seamlessly into the Charleston culture. In fact, East West’s current trio of projects are two parts new and one-part historical marvel.
Representing the new, The Cape on Kiawah’s is a last-of-its kind oceanfront development on prestigious Kiawah Island. Another East West fresh take is The Waterfront on Daniel Island. This development, perched on the Wando River, features a best-in-class boating environment as well as direct access to a 25-mile mix of walking and biking trails.
For those who love Charleston’s amazing historical story, there is 71 Wentworth, located in the heart of downtown. With a past life dating back 150 years, this historic residence has the architectural world perched on the edge of its seat while awaiting its 2023 opening.
The Cape on Kiawah
Kiawah Island is Charleston’s premier luxury beach resort. Located just 21 miles south of downtown Charleston, Kiawah is a private island community known for its world-class golf, top-tier tennis, 10 miles of beach, and luxury residences.
With that description, imagine the response to a new development described as “a last of its kind oceanfront setting on Kiawah Island.” You’d be imagining The Cape on Kiawah, a retreat of just 78 residences that offer year-round lock and leave convenience.
These oceanfront residences and penthouses lasted just a handful of months before being devoured by eager buyers seeking a first or second residence on Kiawah’s last bastion of luxury. Residents awaken to a footprints-in-the-sand Atlantic Ocean address, the new beachfront Cape Club, an infinity pool, rooftop owners lounge for entertaining, access to the freshest seafood, some of the best golf in America, and after the sale attention by the East West Partners property management team.
71 Wentworth – An 1872 Renewal
Architectural buffs find this 12-unit luxury property to be magical, especially when you consider its prime location in the heart of downtown Charleston. Originally built in a Tudor Gothic Revival style, the buyer’s new interior includes molded and arched windows soaring up to 18 feet tall and a cathedral ceiling with heights up to 25 feet.
This old meets new residential alliance honors centuries old brick, timber trusses, and heart pine beams. When handed the keys, owners will luxuriate amidst open floor plans, contemporary finishes, state-of-the-art conveniences, and a master suite featuring an abundance of natural light. New homeowners will also enjoy a stunning sheltered loggia for quiet reflection and relaxation.
Interior Designer Cortney Bishop describes 71 Wentworth as a cultural renaissance happening on one of Charleston’s most legendary downtown intersections. Owners of the 12 unique residences calling 71 Wentworth home will appreciate the easy walking convenience of downtown Charleston’s vibrant restaurant, history, and shopping scene.
The Waterfront on Daniel Island
Much like their Kiawah development discovery, East West Partners offers a second last of its kind real estate prize. The Waterfront is the final remaining piece of Daniel Island riverfront.
How special is this 22-acre playground intersecting River Landing Drive and the Wando River? After the addition of a second dock, an interactive fountain, an on-site market/coffee shop, and an acclaimed restaurant, the first phase of The Waterfront sold out in a matter of months.
Included in the plethora of resident fingertip amenities are outdoor terraces, ferry service to downtown Charleston, easy access to the Wando River, and walking to the award-winning Kingstide Restaurant. The construction phase on the second collection of one, two, and three-bedroom condominiums has already begun. Limited opportunities to own are remaining.
Charleston Can’t Wait for Tomorrow
What is in the real estate future for bustling Charleston? “The success of each of our projects has been incredible thus far, and we see continued high demand for Lowcountry luxury living long-term,” Miller Harper, Managing Partner for East West Partners said.
Some developers build where they see things going. East West Partners design where they believe a new community should be. “Our ethos has always been to create places we ourselves want to live. Our goal is to build a true sense of community within each of our developments,” Harper said.
What is the vision for Charleston’s next best residential community? If East West’s upcoming development is anything like the last three, interested buyers may be living a real estate dream. https://www.ewpartners.com/