511 Meeting Street is a mixed-use property with 221 units of multi-family rental apartments, adaptive reuse of existing building into retail, over 9,000 square feet of amenity space and two levels of structured parking. Located in Charleston’s Upper King district, 511 Meeting Street offers unique commuter access due to its proximity to major transit arteries. Our apartment community offers expansive studio, one and two bedroom homes with abundant natural light and many with views of the Ravenel Bridge and Ashley River. Amenities include: pool, outdoor fire pit, dog walk, structured parking, fitness center, wood cabinetry with granite countertops, wood flooring, stainless steel appliances and washer and dryers in every home.
Joint Venture Partners: Aspen Heights Partners and Northwestern Mutual
530 Meeting Street is a 114 unit, 361 bed mid-rise student-oriented apartment project located in Charleston’s Upper King district. The project boasts 5 levels of residences ranging from studios to 5 bedrooms, onsite parking and over and 6,000 square feet of amenity space. Building amenities include a large pool and courtyard, bike storage, state-of-the-art fitness center, conference rooms and onsite leasing and management.
Joint Venture Partner: Armada Hoffler Properties (NYSE: AHH)
595 King Street is a 74 unit, 258 bed mid-rise, mixed use, student-oriented apartment project at the epicenter of Charleston’s Upper King District. Prominently located at the corner of King and Spring streets, the project boasts 6 levels of residences over 12,000 square feet of retail with 150 feet King Street frontage, as well as a full level of subterranean parking. The building’s modern clubhouse with interior kitchenette flows seamlessly out to a common courtyard with pool, grills, and fire pit. Additional building amenities include bike storage, state-of-the-art fitness center, and onsite leasing and management.
Joint Venture Partner: Armada Hoffler Properties (NYSE: AHH)
28 Woolfe Street is a mixed-use property that consists of 2 levels of structured parking, 8 stories of residential units and ground floor retail in the booming Upper King Street district of Charleston, SC. The development was designed as a high-rise apartment complex, complete with premium finishes and amenities.
The new building is in the epicenter of the vibrant Upper King district of downtown Charleston and adjacent to the planned pedestrian greenway.
SDP successfully exited the investment in Spring 2014.
55 Gardner Drive is located on picturesque Hilton Head Island. The multifamily rental project, when completed, will consist of 260 residences ranging from Studio, One, Two, and Three Bedrooms. The project’s architectural detailing will be consistent with Hilton Head Island’s charm and 55 Gardner Drive will provide Class A Luxury living within each unit with features including wood inspired flooring, quartz countertops, stainless steel appliances and screened in balconies. Community amenities will include two pickleball courts, large communal greenspaces, a resort style saltwater pool with lap lanes, grills, state-of-the-art fitness facilities, and onsite leasing and management. The Property is located just a 15 minute bike ride away from the beach and less than a mile from two of Hilton Head’s forty-plus golf courses.
630 Indian Street is a mixed-use property with 275 units of multi-family rental apartments, 10,000 square feet of retail, and over 13,000 square feet of amenity space situated above structured parking. Located in Savannah’s Indian Street district, steps away from the Savannah River Walk and the high end boutiques and national retailers of Broughton Street, 630 Indian Street offers unique downtown living and access to it all. Our community shall offer expansive studio, one, and two bedroom homes. Amenities shall include: pool, outdoor fire pit, dog walk, indoor parking, fitness center, crafts space, co-working & media lounge, gourmet kitchen, two vegetated courtyards, and Savannah’s largest solar roof farm.
Joint Venture Partner: AllianceBernstein L.P. (NYSE: AB)
607 Drayton Street is a to-be-developed mixed-use property aligning the picturesque and renowned Forsyth park in Savannah, Georgia. SDP contracted for the property and subsequently completed an upzoning allowing for an increase in permitted density as well as potential use.
SDP successfully exited the investment in Winter 2017.
At over one million square feet and costing $450 million, One Brooklyn Bridge Park is the largest residential conversion in Brooklyn’s history. The building incorporates 438 residential condominium units, 75,000 square feet of retail space as well as a 500 car public managed parking facility and 132 for sale condominium spaces.
Detailed finishes include custom Italian kitchens, terrazzo-tiled baths and high end appliances to a full range of amenities including a 2,500-square foot Techno-Gym, outfitted fitness center, music room, children’s play room, yoga studio, game/billiard room, golf simulator and outdoor putting green.
270 Broadway was the conversion and restoration of the Arthur Levitt state office building at Broadway and Chambers Street in lower Manhattan into a combination of residential, office, and new street level retail space. Tower 270 encompasses class A retail space along Broadway and Chambers street, an office identity on floors two through seven and residential floors from eight through twenty seven. The residential build out was phased in conjunction with market demands with floors 8-15 being rental apartments and subsequently sold and floors 9-27 originally designed as residential condominium.
Completed in 1999, Franklin Tower immediately became one of the most successful developments in Tribeca. Comprised of 130,000 square feet and 25 full and half floor units, it set a new luxury standard for Tribeca conversion projects. Design features included custom Italian imported kitchens and closets imported hardwood floors, and spacious layouts.
Loft 25 was a unique adaptive reuse of a 1918 industrial loft building in conjunction with a newly constructed seven story addition all glass facade sliver building. Situated in the heart of Chelsea’s gallery district, Loft 25 was designed with open floor plans and high ceilings creating a true volume experience. Each residence features oversized windows, soaring ceilings and spacious layouts. Amenities include a gym, screening room, landscaped roof terrace, and a dramatic lobby that opens onto a Zen garden and reflecting pool.
An affordable luxury community of 39 units in Port Chester, New York, Brookchester Court offers one, two and three bedroom apartments in a transit oriented development. Designed with the ideal of garden apartments in mind, this project also incorporates conveniences normally associated only with larger residential complexes, such as underground parking garages, handicapped accessibility to all floors, and beautifully landscaped common recreation areas for its residents.