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Transactions - MARCH 29, 2021

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Jamestown forms JV to reposition North Charleston Navy Yard

by Released

Jamestown has partnered with local Charleston, S.C., real estate developers William Cogswell and Jay Weaver to reposition the 45-acre North Charleston Navy Yard into a mixed-use neighborhood. Called Navy Yard Charleston, the development will bring more than 1.2 million square feet of new office space, residences, shopping and dining to the nearby Park Circle neighborhood, as well as new green spaces, a concert hall and an outdoor events venue.

The team expects to break ground and begin renovations this year and is currently in the design phase, exploring how the buildings on the site will be repurposed. While Navy Yard Charleston will go through extensive renovations, the team has made a commitment to preserve the area’s local character, architectural detail, and history and bring new amenities to the community along the Cooper River.

“This project will improve connectivity and serve as a catalyst for more innovation in the neighborhood,” said Michael Phillips, p

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