A new $100-million hotel project is reportedly coming to Charleston's historic district. Bennett Hospitality is breaking ground on the hotel along King Street on Marion Square. As The Post & Courier writes, the project is believed to be the costliest private-sector real estate investment to date in Charleston.
The hotel is going up at the site where an old county library stood abandoned for years. The square is the venue for numerous Charleston events, including the weekly Charleston Farmer's Market and events for the annual BB&T Charleston Food and Wine Festival.
Sparse details have been released, but more should come at Monday's groundbreaking.
The full-service hotel was first proposed in 2004, but the deal was delayed for years by a zoning dispute.