The approved initiative amends the Gregorie Ferry Landing PD to permit the construction of 42 workforce housing for-sale condominiums that will have a 75 year deed restriction. The new development will consist of 21 one-bedroom and 21 two-bedroom condominiums to be built, with prices ranging from $212,000 to $285,000.
“This is a great day for Mount Pleasant,” said Wendy Bauerschmidt, executive director, Housing For All - Mount Pleasant. “I am grateful to everyone on Town Council and to Mayor Haynie for their support of this much needed workforce housing development. This project is the result of months of outreach, education and a vision that was made possible thanks to great partners in The Berry Companies and Carolina One Real Estate. I look forward to continuing to work with both public and private partners as we join together to address this urgent need in our community.”
Currently, more than 70% of the Town’s workforce lives outside of town due to the high cost of living. This creates a commuter community and leads to lower quality service from childcare to retail for Mount Pleasant residents. Housing For All-Mount Pleasant is committed to bringing real solutions to address this crisis and create a closer, stronger community for all.
ABOUT HOUSING FOR ALL – MOUNT PLEASANT
Through fundraising, advocacy and awareness building, Housing For All – Mount Pleasant, a registered 501(c)(3) organization, seeks to create, encourage and support the development of attainable housing for those who work, live, or hope to live, in Mount Pleasant. For more information, visit www.housingforallmtp.com.