Abandoned Building Tax Credit up for review — 1822 Meeting Street Rd
Reviewed Jul 14 · outcome not yet confirmed
Every project links to the city packet it came from.
City Council approved a resolution certifying the property at 1822 Meeting Street Road as containing abandoned buildings, allowing the applicant to pursue a 25% State Income Tax Credit for redevelopment.
Historic restorationCommercial / industrial electricalRoofingFire sprinklerCommercial GCCommercial HVAC
- What happened
- City Council approved a resolution for 1822 Meeting Street Road, certifying it for the SC Abandoned Buildings Revitalization Act, which enables a 25% State Income Tax Credit for redevelopment.
- Why it matters
- This approval significantly incentivizes the redevelopment of an abandoned building. This project will likely involve extensive restoration, renovation, and possibly demolition work. Contractors specializing in historical restoration, general construction, and various sub-trades should anticipate opportunities.
- Timing
- The tax credit certification has been approved. The applicant can now proceed with plans, designs, and seeking financing, with construction activity likely within 6-12 months.
Who to call
No contractor selected yet — the applicant/owner is the contact.
Named contact in the filing — locked
UnlockSource: charleston-sc.gov