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Land Sale Spurs $82M Remount Business Park

NORTH CHARLESTON, SC-The five buildings will consist of 400,000 sf of office flex space and 50,000 sf of retail. An Atlanta firm preleases 65,000 sf of office and office/integration space.

By Melissa Kress | Updated on July 30, 2007

NORTH CHARLESTON, SC-Locally based Remount Venture plans to develop an $82-million, mixed-use business park on 65 acres it recently purchased in North Charleston from Richmond, VA-based MeadWestvaco Corp. Remount Business Park will consist of 450,000 sf.

Set to rise at the southeast corner of Remount Road and North Rhett Avenue, the business park will have five buildings, including three single-story office, office/flex and office/integration buildings totaling 400,000 sf. The park will also have two retail/service buildings totaling 50,000 sf.

Remount Business Park will be located a half mile from the Port of North Charleston and three miles from Charleston International Airport. It will be adjacent to the entrance of the Space and Naval Warfare System Center, the space and weaponry procurement and development arm of the US military.Remount Venture execs add that construction on a partially leased 200,560-sf building will begin in August, with a target completion date in May. Atlanta-based Scientific Research Corp. has already preleased 65,000 sf of office and office/integration space in this first building.

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