Metro Charleston real estate pro lines up managers to oversee development of Sweetwater neighborhood in Berkeley County
Headquartered in the Charleston area, the fairly new Kassinger Development Group has etched its mark framing apartment home villages in nearby states.
Yet, the company hadn't disclosed a project in South Carolina until late 2013. That's when it revealed the Sweetwater mixed-use community planned for Berkeley County.
Now it's late spring, and Kassinger Development is moving forward with the 46-acre project on Clements Ferry Road, naming the people in charge of early-stage, construction and marketing aspects.
"The breadth and depth of talent and expertise joining the team exceed our expectations," says Wade H. Thompson, partner, Kassinger Development Group. "The expansion of the team is crucial to resource and scale our business to support the Sweetwater project and beyond," he says.
Slated for the former estate of the Detyens shipyard family, the "distinctive coastal site" calls for garden style apartment homes, Charleston single-style homes, an inn for guests and events, restaurant, snack shop, sundries store and top-notch amenities on and off water. Sweetwater will begin construction in the fall, development marketers say.
Kassinger Development Group has decades of experience and is "excited" to have formulated teams focused on Sweetwater - specializing in management, marketing and construction.
The Project Management team heads up various efforts, such as coordinating with architects, engineers and budgets.
Team members are:
- Carl Carlson IV, who is overseeing the project now and will stay on until completion. Formerly with Higgins Benjamin PLLC law firm, Carlson graduated from UNC Chapel Hill and the Charleston School of Law.
- Creighton Kassinger, who brings experience as project coordinator on several Kassinger Development Group properties. Recently, he's focused on the group's development The Retreat at West Creek in Richmond, Va. Before that, he worked with Estates Management Company. He graduated from the University of South Carolina with a degree in political science and third world development.
- Jay Bernstein, who oversees all financial matters for Sweetwater and other Kassinger Development Group projects. Prior to the partnership, he worked as a development consultant for affordable and market rate multifamily properties. Bernstein, a University of Georgia graduate, "has extensive experience with project financing." Areas include tax credit financing, private equity placements and construction lending.
The Marketing team zeroes in on crafting a community brand; pre-leasing apartment efforts; handling details of the inn, restaurant and store; and developing the website.
- Tyler Kassinger, who's involved in all of the company's multifamily projects. Prior to joining the group, Kassinger spent close to 10 years in property management, construction, maintenance, commercial retail leasing and marketing while at Centex Construction, Merryland, Edens & Avant and Greystar. He graduated from the University of Georgia with a science degree in applied economics.
- Deborah Kaufman, who joined the group on the marketing team "to focus on Sweetwater and future projects." Before that, she worked as a marketing, development, event and public relations consultant. She was also an analyst in the Private Wealth group at Goldman Sachs. Kaufman graduated from Hunter College with a focus on political science and economics.
Sweetwater Construction, meanwhile, focuses on pre-development, construction and design features. Team members are:
- John Turner, president of Sweetwater Construction. He began his career in Jackson, Miss., as a design/build general contractor on commercial construction projects. Turner will direct the day-to-day operations of the Sweetwater apartments.
- Jason Hile, who joins as a project manager for Sweetwater Construction. Previously, he was general contractor for his company, Viking Contractors Inc. Hile focuses on high-end interior trim as well as building custom homes, "many of which are in the I'On neighborhood." He will use his craftsmanship on the apartments, inn and store.
The company says it will rely on Sweetwater Construction to design and build the store, inn, apartment homes and amenities to "Energy Star" standards. Pegasus Residential will manage the apartment homes. The group has partnered with Eastwood Homes to construct the Charleston single homes.
Along with the Sweetwater project, Kassinger Development Group has "several new projects" in early phases in the Southeast.
The group in the past few years completed Weirbridge Village and Audubon Place in Asheville, N.C., and The Retreat at West Creek in Richmond. The Retreat at Hunt Hill is set to open in Asheville in 2015.
For more information, call Kaufman at 843-608-0758 or e-mail her at firstname.lastname@example.org.
Reach Jim Parker at 937-5542 or email@example.com.