Growth: Southeast News

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June 01, 2021

 

An 80-year-old abandoned ice processing plant on Spruill Avenue in North Charleston is getting new life as developers have broken ground to redevelop it into a modern and flexible office park.

Located just one mile away from Park Circle, the complete buildout of The Ice House at Park Circle development will add 46,000 square feet of adaptable use office space among three, two-story buildings — a renovation of the former ice processing building and two new buildings that will be added to the property.
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Three buildings on the site will be demolished to make way for the contemporary office buildings. Developers are using state tax credits through the S.C. Abandoned Buildings Revitalization Act for the renovation of the ice house processing facility.

Pat Marr of Cobalt Property Group and Kevin Klemm of Paragon Commercial Development are partnering on this venture. The project is being designed by The Middleton Group architecture firm, which has designed projects including Blue Acorn, the Lumberyard, The Refinery and The Morris.

“It was a big move for a commercial real estate company to come off the peninsula,” said Jim Garret, market leader at Colliers, which will lease space in the new development. “We are committed to Marr’s vision, and what he’s doing with the property, and committed to Park Circle’s growth and all the dynamics going on down there. We just think it’s the right place, right time.”


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