On the Charleston Peninsula, a Former Landfill Looks Like Prime Real Estate

Posted By Gracen Tilton @ Aug 19th 2020 10:28am In: Charleston SC Real Estate

As construction cranes march up the Charleston peninsula planting new apartment buildings, a 175-acre waterfront property just north of the Arthur Ravenel Jr. Bridge awaits their arrival.

Laurel Island has long been seen as a prime location where the peninsular city could grow, despite the island’s industrial past as a dredge spoil site + two municipal landfills. Beneath its grassy surface sits household garbage up to 19 feet deep, creating a methane gas as it decomposes. “Charleston has been building on landfill since the 1670s,” said Robert Clement III, the local consultant for Laurel Island owner Lubert-Adler of Philadelphia. “None of these are new problems.”

Laurel Island isn’t really an island. It sits at the east end of Romney Street behind Charleston County’s Recycling Center, just off the fast-growing Morrison Drive corridor that’s become home to trendy restaurants, tech businesses and new apartment buildings. Environmentally challenged properties like Laurel Island, known as brownfields, are common in the area and can be remedied, although that can be expensive and time-consuming.

Gracen Tilton | Marshall Walker Real Estate | 582 Rutledge Avenue | operations@marshallwalker.com | 803-549-6318

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