Project 3500 Real Estate Acquisition and Morrison Drive Term Sheet
Charleston
Summary
The committee agreed to increase the purchase offer for 74 Stuart Street to $475,000 to acquire and demolish a boarded-up nuisance property for Project 3500. Officials highlighted that removing the property will eliminate a local hub for police reports and safety issues.
At a glance
- Total mentions
- 4
- Last 30 days
- 0
Last discussed Jun 15, 2026.
Impact analysis
The city will spend $475,000 to purchase the property.
Nearby residents who will no longer deal with a boarded-up nuisance property and criminal activity.
Mentions & discussions (4)
City of Charleston acquires Morrison Dr. site to develop 190 mixed-income homes
City of Charleston acquires Morrison Dr. site to develop 190 mixed-income homes WCBD News 2
City Council - Jun 15, 2026
The committee agreed to increase the purchase offer for 74 Stuart Street to $475,000 to acquire and demolish a boarded-up nuisance property for Project 3500. Officials highlighted that removing the property will eliminate a local hub for police reports and safety issues.
City Council - Mar 24, 2026
The city and Charleston County agreed on a term sheet to list county-owned property at 993/995 Morrison Drive as part of Project 3500, alongside purchase agreement amendments for 899 Morrison Drive.
Community Development - Mar 19, 2026
Charleston is partnering with Charleston County and acquiring key industrial sites along Morrison Drive for redevelopment and housing.
Related development
Project 3500 / Morrison Drive Properties
Facilitates coordinated affordable housing development and rezoning along the Morrison Drive corridor.
899 Morrison Drive Acquisition
Allows the city more time to complete due diligence and environmental clearances before purchasing the property.
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