In February 2017, East West broke ground on its latest luxury residential community – The Gadsden, Charleston’s first new condominium development to be constructed on the Peninsula in more than a decade.
Located on the recently completed Gadsdenboro Park, The Gadsden will feature 76, one-, two-, and three-bedroom units with prices ranging from $400,000 to $1 million-plus. The five story condominium community will offer a private rooftop club for residents and guests, featuring a pool, outdoor kitchen and stunning views of Charleston Harbor and the park below.
“The Gadsden is a bold and exciting next step for East West Partners in Charleston,” said Miller Harper, East West’s partner-in-charge in South Carolina. “The development will deliver a living experience unlike anything currently available on the Peninsula. It perfectly encapsulates our ‘urban resort’ concept, allowing for luxurious living among everything that historic downtown Charleston has to offer.”
With more than 35 people moving to the Charleston metro area each day and nearly 5 million visitors arriving annually, East West is building to meet pent-up demand for a new, modern residence within one of the country’s most classical cities. The Gadsden is located in a thriving part of the Charleston Peninsula and is a short walk from the world-class Gaillard Center, the South Carolina Aquarium and nationally renowned restaurants such as 167 Raw, FIG and more.
The new community is the latest of several high-profile East West efforts in Charleston. In late 2016, the company completed construction of Tides IV, a 54-residence marsh-front luxury condominium project in Mount Pleasant. Previous efforts include One Vendue Range and the City Gallery at Waterfront Park.
“East West Partners has deep roots and a tremendous track record in Charleston, and The Gadsden will continue that tradition,” said Harry Frampton, East West Partners’ Founder and Chairman, and a South Carolina native. “The wonderful location of this project in a vibrant neighborhood that includes nationally acclaimed entertainment options, pristine public spaces and connectivity to all of the city’s offerings makes it a special proposition in Charleston living.”
Around the corner from The Gadsden, East West Partners has acquired 299 East Bay Street to serve as its Charleston headquarters and sales center. Construction work on The Gadsden is expected to take 20 months with completion scheduled for Q4 2018.
The Gadsden project team includes Trident Construction – with whom EWP partnered to build the acclaimed One Vendue Range condominiums – Atlanta-headquartered architects Cooper Carry and interior design by Charleston-based Cortney Bishop Design Group. Patterson Real Estate Advisory Group arranged financing for the project with Bank of the Ozarks.
Keep up to date on Charleston’s most exciting new community at TheGadsden.com.