CHARLESTON, S.C., (March 4, 2020) – The Spectrum Companies and Live Oak Contracting today celebrated the groundbreaking of one of greater Charleston’s most distinctive apartment communities, featuring 345 luxury apartment homes and amenities designed to deliver resort-style living at Nexton – a lifestyle, retail and residential community in Summerville, South Carolina.
In a ceremony with remarks from community and business leaders, Spectrum’s Chief Operating Officer Steve McClure called South Carolina’s Lowcountry one of the most exciting growth areas in the Southeast, with opportunities for families, workers and businesses alike.
“There’s no place like the Lowcountry for its combination of natural beauty, economic opportunity and smart growth – which provides an amazing quality of life,” McClure said. “We are particularly proud to be part of Nexton, with all of its commercial and residential offerings and amenities, and its extraordinary access to signature employers and all points Charleston. This apartment community will be a market leader for residents and investors.”
Located off I-26 at the new Exit 197 interchange, the apartment community is convenient to Nexton’s shopping, entertainment and dining destinations and walkable to its community park and trails.
The project will include townhomes with private garages, and five mid-rise buildings with a full range of apartments sizes, multiple finish options, designer kitchens with granite countertops and stainless-steel appliances, expansive balconies, and up to 10-foot ceilings. Construction is underway with the first apartments coming online in 2021 and full completion targeted for Spring 2022.
Community amenities are designed to bring residents together. Outdoor spaces include a salt-water pool and expansive sun deck with cabanas, hammocks and firepit, as well as an outdoor kitchen with bar and grill area. An 8,500-square-foot clubhouse will be equipped with a generous fitness and yoga studio, and a full kitchen with a private dining area and coffee bar. The mailroom will offer modern convenience, with a large package delivery center and refrigerated lockers. Residents will have secure access to buildings and private outdoor areas, including a large pet park.
“Live Oak Contracting is excited to partner with Spectrum on a community that will offer individuals and families the best in apartment living,” said Paul Bertozzi, Live Oak’s president and CEO. “From the design phase and now in construction, there has been a commitment to keeping residents’ needs and lifestyle at the forefront of everything we do.”
Nexton is an award-winning, 5,000-acre, master-planned community under development in the heart of Charleston’s I-26 growth corridor in Summerville. Key nearby employers include Google, Volvo, Mercedes Benz Vans and Boeing facilities. Nexton itself hosts popular retail attractions including Halls Chophouse, Poogan’s Southern Kitchen, Vicious Biscuit and Taco Boy.
“Expanding our housing options with high-quality apartment homes like this continues Nexton’s trajectory as one of the most compelling communities in the greater Charleston area,” said Brent Gibadlo, general manager and vice president of operations for Nexton. “With so much growth throughout this region, Nexton’s walkability and amenities – in the heart of a major employment corridor – appeals to people who want to work close to home and live in a place with all of the modern conveniences.”
About The Spectrum Companies
The Spectrum Companies is a commercial real estate firm that changes lives by creating special places. Spectrum owns, develops, leases, and manages commercial property across the Southeast. Spectrum has developed more than 4 million square feet of office space and 4,400 multifamily units. The company manages a portfolio valued at $2 billion. Learn more at www.spectrumcos.com.
About Live Oak
Live Oak Contracting is a full-service general contracting firm that specializes in multifamily and commercial construction, including development, design-build, renovation, rehab, and tenant improvement projects. Our team has an extensive portfolio, including over 50 years of construction experience, spanning the East Coast, and the full spectrum of skills and experience needed to deliver successful projects. Learn more at www.liveoakcontracting.com.
Nexton is located in the heart of Charleston’s vibrant I-26 growth corridor and is a 5,000-acre mixed-use community featuring three housing villages: Brighton Park Village, North Creek Village and Del Webb® at Nexton with homes ranging from the $200,000’s to the $500,000’s. Upon completion, Nexton is planned to have 6,500 single-family homes in addition to multifamily. Nexton is where innovation is fueled by South Carolina’s first community-wide, gigabit broadband service. Nexton will continue to grow, but today is a complete community where you can live, work, eat and shop all within walking or biking distance from your front door.
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