Caroline

In March 2016, ELV joined two Atlanta-based development firms to develop Caroline, as a mixed-use project in the Innovation District of Charleston, South Carolina. Overlooking Brittlebank Park on the Ashley River and surrounded by the Medical University of South Carolina, the College of Charleston and the Citadel, West Edge is defined as the "live, learn, and earn" district of Charleston. Comprised of 237 rental apartments, 18,500 square feet of ground‐floor retail space, and a 1,009 space parking garage, Caroline is the first of three planned development phases within the 50‐acre West Edge Innovation District. Building amenities include a fitness center, club room and an elevated resort‐style pool/terrace with an outdoor fireplace and grilling stations overlooking the Ashley River. With construction completed and occupancy stabilization approaching, capital market options are being evaluated.