►
Description
City of Charleston Committee on Real Estate 7/27/20 - resumed
A
D
Councilmember,
it's
my
understanding
that,
yes,
we
should
have
some
specific
language.
We
could
add
it
as
a
new
paragraph,
eight
to
the
agreement.
We
have
to
correct
the
agreement
in
any
event,
to
change
the
owner
to
developer
language
and
submit
a
new
agreement
to
council.
So
I
think
the
language
that
might
be
proposed
is
along
the
lines
of
this.
Agreement
shall
expire
within
one
year
of
it's
in
its
ratification
or
approval,
unless
otherwise
extended
by
agreement
of
the
parties.
C
E
A
A
A
Yeah,
yes,
so
as
long
as
we're
all
clear
on
the
amended
motion
and
as
as
proposed
in
this
understanding
is
therefore
any
further
discussion
on
approving
the
memorandum
of
understanding
before
us,
with
the
two
changes
to
change.
The
very
first
word,
I'm
in
the
opening
paragraph
from
owner
to
developer
and
then
adding
the
paragraph
number
eight
on
the
last
page
of
the
document
regarding
a
sunset
clause,
all
those
in
favor,
please
signify
by
saying
aye.
E
A
Any
opposed,
okay
guys
have
it
all
right.
That
was
very
good.
Thank
you
all
so
much.
Hopefully,
this
is
the
another
rail
being
laid
down
on
this
train
track
to
get
the
epic
center
on
track
and
do
some
positive
steps
forward.
We
appreciate
the
davises
hanging
in
there
and
being
patient
with
us,
and
we
see
executive
session
and
all
those
other
interested
parties.
A
Thank
you.
Thank
you,
everybody.
I
can
hear
you
richard,
but
I
can't
see
you
so
thank
you
for
hanging
in
there
and
we're
always
glad
to
have
y'all
participate
in
these
these
discussions
with
us
and
to
be
our
partners
so
and
mr
destroyer,
thank
you
so
much
for
your
your
legal
advice
and
guidance
along
with
our
wonderful
susan,
herdina
and
her
staff.
You
all
done
a
marvelous
job
with
all
of
that
and
thanks
city
staff,
for
working
on
this
memorandum.
A
A
C
Thank
you
very
much,
mr
chairman.
I
think
this
can
be
a
very
brief
basic
preview
of
an
item
that
hopefully
would
come
to
the
real
estate
committee.
As
this
idea
moves
forward.
I
I'm
I'm
basically
representing
myself
as
a
friend
of
local
development
corporation.
I
see
that
their
ceo,
steve
saltzman
is
on
the
on
the
call
with
us
and
one
of
his
favorite
board.
C
So
the
ldc
right
now
and
it's
it's
very
much
on
the
drawing
board
ideas.
I
understand
they
haven't
really.
You
know
begin
to
look
for
financing
sources
other
than
to
know
that
they
might
want
to
tap
into
the
hud
202
financing
program.
For
senior
housing,
but
right
now
ldc
owns
their
headquarters,
property
on
the
corner
of
race
and
king
street,
dressed
as
two-way
street.
It's
a
one-level,
very
low-rise
building.
C
Affordability
in
that
whole
district,
so
they're,
they're,
working
with
jacob
lindsey,
our
planning
director
and
johnson,
who
I
also
see,
is
on
the
call
to
brainstorm
about
the
best
way
of
redeveloping
their
property
for
a
mixed
use.
Opportunity
to
have
senior
housing
and
some
sort
of
commercial
office
space
that
I
think
would
continue
to
be,
or
now
be
able
to
be
an
incubator
for
the
kinds
of
businesses
that
ldc
has
been
very
successful
at
helping
to
finance,
and
I
really
think
that's
all.
We
need
to
know
right
now.
B
B
B
G
G
Hello,
this
is
steve
saltzman.
Now,
thanks
for
letting
me
speak,
and
I
promise
to
keep
it
brief
and
thank
you
councilwoman
jackson,
for
the
introduction.
We
just
think
it's
an
underutilized
opportunity
and
there
are
a
lot
of
persistent
themes.
I've
heard
since
I've
moved
into
charleston,
madam
director
johnson.
One
of
the
things
she
keeps
harping
on
is
that
we,
whenever
we
have
affordable
housing
when
the
life
period
expires,
that
people
convert
it
to
market
rate
and
we're
really
looking
to
see.
G
A
H
Yes,
sir
councilmember
shade,
I
also
serve
as
a
member
of
the
board
of
the
charleston
redevelopment
corporation,
so
mr
saltzman
and
his
team
are
utilizing
some
of
the
former
udag
funds
to
facilitate
pre-development
activities
around
this
idea.
We
think
it's
a
fabulous
idea,
because
it
certainly
incorporates
an
answer
to
providing
affordable
housing
for
seniors
in
our
community.
H
B
I
B
Okay,
the
last
thing
I
have
to
say,
mr
chairman,
is
that
I
think
the
issue.
The
problem
is
currently
zone
gb
and,
as
ms
jackson
said,
I
think
you
want
to
go
to
mu1,
which
gives
them
great
flexibility,
and
the
second
issue
is
that
one
of
height,
because
then
the
two
and
a
half
story-
height
district,
and
so
it's
a
corner
location.
It's
a
marquee
location,
it's
opportunity
to
put
in
part
a
canterbury
house.
B
If
you
will,
on
this
end
of
town,
you
have
commercial
on
the
first
floor,
general
office
on
the
second
and
affordable
housing
on
the
third
or
fourth
level.
So
that's
one
reason.
I
guess
this
was
elevated
for
this
discussion,
so
we
could
send
it
back
to
planning
with
the
idea
of
having
a
marquee
location
on
that
corner,
and
hopefully
at
least
four
stories.
B
B
A
B
Early
80s
early
80s,
but
there
were
clients
of
mine,
those
doctors.
They
built
that
and
if
you
remember
mr
miller
was
surrounded
by
the
old
white
swan
cleaners
that
had
fallen
in
and
right
and
now
that's
since
been
replaced
with
affordable
housing.
That's
around
it!
It's
about
three
stories,
so
this
kind
of
sits
in
a
nice
location
and
can
that
has
opportunity
for
something
called
new
market
tax
credits.
Mr
mayor,
you
for
me
that
the
international
african-american
museum
qualified
for
that
which
is
a
complicated
process,
but
they've
done.
B
A
A
I
A
J
Well,
yes,
sir
hi,
this
is
jason
cronsberg
here
so
yeah.
This
was.
This
was
a
project
that
we
had
started
on
about
two
years
ago
with
the
rotary
club
and
there
was
lots
of
planning
and
discussion
and
they
ended
up
gifting
all
of
the
sculpture
work
that
was
created
by
a
local
artist
and
we
worked
with
them
and
had
it
installed
into
the
rotary
fountain
down
at
marion
square.
J
And
it's
it's
a
series
of
local
and
native
fauna.
There
are
a
number
of
different
birds
and
animals,
and
it's
it's
a
nice
whimsical.
If
you
will
addition
to
the
corner
and
the
streetscape
and
it's
it
was
determined
at
some
point
in
time
that
these
sculptures
would
be
gifted
to
the
city.
So
this
is
the
formality
of
receiving
that
gift
from
the
rotary
club
international.
A
C
K
E
A
Nice,
so
all
those
all
those
in
favor,
please
signify
by
saying
aye
aye
any
any
opposed
the
eyes
have
it.
Thank
you
all
very
much
for
the
wonderful
discussions
we've
had
on
the
epic
center
and
the
other
two
issues
that
we
just
took
out
all
very
important
and
there's
any
further
business.
I
mean
I'll.
Take
it
into
motion
it'll,
be
adjourned.