The cost of renting an apartment continues to climb throughout the Charleston region, with Mount Pleasant charging the highest rates, according to ApartmentList.com.
The median price for a two-bedroom unit in the region is up to $1,130, up 1.8 percent over the past month and 3.6 percent higher year over year, the San Francisco-based rental unit service said in a new report.
Of the 250 largest metro areas in the nation, Charleston ranks 36th in rent growth year-over-year in May. The national rate in rent growth slowed to 1.5 percent, mainly because of the surge in new supply coming on the market.
In Mount Pleasant, a two-bedroom unit is going for $1,580 a month.
The regional median price is still cheaper than that of the nation's most expensive rental market: ApartmentList's hometown of San Francisco, where two-bedroom units average about $3,070 a month.
The company said rents rose in eight of the 10 largest cities in South Carolina it surveyed, with Charleston out in front.
The national median is $1,170 for a two-bedroom apartment, still higher than that in the Charleston region.
A new mixed-use development with a senior-living facility is being proposed for North Charleston.
Pearce Development LLC is seeking permission from state environmental regulators to fill freshwater wetlands at 8601 Dorchester Road near Coosaw Creek, where the development will rise.
The 13.4-acre wooded parcel sits next to Netherby Lane at the entrance to Whitehall subdivision. It's across from the Village at Coosaw Shopping Center.
The low-lying areas proposed to be filled are closer to Netherby Lane and Dorchester Road and not in Coosaw Creek.
The applicant plans to buy credits in the Congaree Carton Mitigation Bank to offset the loss of wetlands.
Women in Berkeley, Charleston and Dorchester counties who work in the construction industry can attend a pre-organizational meeting in North Charleston this month.
Hosted by the Columbia chapter of National Association of Women in Construction, the two informational sessions and a networking social event on June 28 will be at the Charleston Electrical Contractors Association Training Center at 2230 Technical Parkway.
The free event includes a noon-2 p.m. lunch meeting, a 3:30-5:30 p.m. informational session and a 5:30-7 p.m. catered networking social.
For more information, contact Nichole Kopenhaver at NKopenhaver@mccroryconstruction.com.
A Charleston-based contractor will oversee construction of a new senior-living facility near Rock Hill.
Frampton Construction Co. is building The Blake at Baxter Village, an 88,000-square-foot development in Fort Mill. It will include assisted living and memory care apartments as well as two-bedroom independent living cottages.
It's the fourth facility in South Carolina for Blake Management Group of Mississippi and its partner Capital Ventures Inc. Another, The Blake at Edgewater, opened in January less than 10 miles away in Indian Land. The new facility broke ground Wednesday and is slated to open in May 2019.
The company recently opened a similar facility in Goose Creek called The Blake at Carnes Crossroads. It has another facility in Elgin near Columbia called The Blake at Woodcreek Farms.