Crosscreek presents a fully entitled multifamily development opportunity in the Summerville submarket of the Charleston MSA. The 6.18-acre site is approved for a 108-unit garden-style apartment community consisting of six residential buildings and one commercial building. Ownership has completed approximately four years of entitlement and predevelopment work, including annexation into the Town of Summerville, final Development Review Board approval, and receipt of an MS4 Land Disturbance Permit, allowing a purchaser to advance directly into the development phase.
The project benefits from established utility capacity and limited off-site improvement requirements, reducing development complexity and helping accelerate project delivery. The planned community features exclusively two-bedroom and three-bedroom floor plans, creating a differentiated product within the market. The development also includes a commercial component designed to provide an additional income stream.
Crosscreek is positioned within an established commercial, medical, and recreational corridor. The property is located approximately five minutes from HCA Healthcare Summerville Hospital, a recently expanded 174-bed regional healthcare facility, and directly adjacent to the new $12 million Oakbrook Sports Complex featuring athletic fields, courts, trails, playgrounds, and YMCA programming. Nearby retailers and services include Publix, Walmart, ALDI, Lowe's Foods, CVS, Cinemark, fitness facilities, and other daily-needs amenities.
The Summerville market continues to benefit from regional population growth, expanding employment opportunities, and improving multifamily fundamentals. With major entitlement milestones already achieved, utility capacity established, and key demand drivers nearby, Crosscreek offers investors and developers a substantially advanced multifamily development opportunity in one of the Charleston region's fastest-growing suburban markets.