Plans have been submitted for a luxury apartment complex in the Carolina Park planned community in the north end of Mount Pleasant.
Atlanta-based development firm SWH Residential Partners is seeking to construct The Grove at Carolina Park. The 280-unit luxury apartment community is planned to be constructed on 20 acres of land on Park Avenue Boulevard, across from a retail center and Roper St. Francis' Mount Pleasant Hospital.
SWH Residential recently filed paperwork seeking a coastal zone consistency certificate from the S.C. Department of Health and Environmental Control.
John Tirrill, a managing partner at the firm, was not immediately available for comment this afternoon.
This marks the latest development in the 1,700-acre planned community, which is off U.S. Highway 17.
The Carolina Park project has been approved for 2,030 homes to be constructed over several years. So far, hundreds of homes have been constructed in the community.
The proposed apartment project comes as several other multi-family development are in various stages of completion in the Lowcountry, a response to an improving economy and an uptick in population, officials have said.
A recent report by multifamily website ApartmentGuide.com projects that the Charleston region will see an 8 percent growth in new rental construction this year from 2013.
That's stronger than any other part of the nation, including Boston and Birmingham, Ala., which are expected to see 5 percent growth each, according to the website's data.