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The buyer of the above Ryan’s restaurant armpit in West Ashley wants to annihilate the architecture to accomplish way for a new accommodation development with ground-floor retail space.
Gramling Brothers Real Estate and Development will ask the Charleston Design Review Board Oct. 19 for conceptual approval of a proposed mixed-used development at 829 St. Andrews Blvd.
The Charleston-based developer affairs to advance the armpit into multifamily units, according to Mikell Harper with Gramling Brothers.
The ambit of the activity has not been bent for the cardinal of units or floors, but it’s benumbed for bartering development with a acme absolute of 55 feet.
Units will be priced based on what the bazaar will bear, but Harper said they will be commensurable to added contempo developments in West Ashley.
Prices at 35 Folly Apartments on Folly Road abreast the Ashley River ambit from beneath $1,000 to added than $2,500, depending on cardinal of bedrooms and breadth of stay, according to the 35 Folly website.
Prices for units at The Ashley at 1871 Ashley River Road alpha at $1,178 and go to able-bodied over $2,000, according to the accommodation complex’s website.
Harper alleged the area ideal for new apartments.
“They will accept the adjacent advantage of Ackerman Park, and they will be absolutely abutting to downtown, but we won’t accept to get some of the crazy rents they are charging downtown,” Harper said.
San Antonio, Texas-based Ryan’s bankrupt the West Ashley restaurant in 2016, citation underperformance.
The vacant, abandoned architecture sits abutting to a above Food Lion bazaar that is now the armpit of Rogue Motion Baiter Sales and Storage. An associate of Gramling Brothers additionally owns the above grocery abundance acreage afterwards advantageous $5 actor in 2014 for the bindle area the above restaurant and baiter business are located.
Ryan’s has two added restaurants in South Carolina, in Summerville and North Myrtle Beach, according to its website.
Reach Warren L. Wise at 843-937-5524. Follow him on Twitter @warrenlancewise.
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