07/31/2026
Big changes are coming to Charleston!
The former Pepsi plant has officially sold for $13.5 million, with plans for 300+ apartments and new retail space pending city approval.
Projects like this continue to reshape Charleston’s urban landscape, bringing new housing, businesses, and investment to the area. While redevelopment can create exciting opportunities, it also raises important questions about affordability, traffic, infrastructure, and preserving the character that makes Charleston unique.
What do you think? Is this the kind of growth Charleston needs, or should the city take a different approach?
If you’re considering buying, selling, or investing in the Charleston area, staying ahead of these developments can make a real difference in your real estate decisions.
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Another major piece of Charleston’s Upper Peninsula is preparing for redevelopment. 🏗️
The former Pepsi bottling property at 1450 Meeting Street has sold for $13.5 million to Atlanta-based Catalyst Development Partners, which plans to transform the industrial site into a new mixed-use development.
Current plans include:
🏠 More than 300 market-rate apartments
🛍️ Two one-story retail buildings facing Meeting Street
🏢 A five-story residential building behind the retail space
🌳 New pedestrian areas, landscaping and gathering spaces
Charleston’s Design Review Board granted the project conceptual approval on April 6, but requested additional study of the project’s size and design along Lemon Street, the retail buildings facing Meeting Street and separation between the development and the neighboring cemeteries. More review will be required before construction can move forward.
The sale adds to the rapid transformation of Upper Meeting Street, where former industrial properties are increasingly being replaced by apartments, restaurants, retail, offices and entertainment destinations.