News yesterday that retail giant Target will become lower King Street’s biggest new tenant prompted quick mental calculations among downtown residents, workers and visitors. Target? On King Street? To some, Target will provide a walkable outlet for essentials in an area spotted with restaurants, antique shops and clothing retailers the King and Market space […]
The South Carolina Department of Health and Environmental Control (DHEC) announced in a press release on Thursday that the state has given out 2,034,077 doses of available vaccines. This announcement comes just one day after general vaccine eligibility opens to all S.C. residents ages 16 and up. Though more residents are getting vaccinated, health officials […]
After 27 years of continuous local ownership, an iconic downtown hotel and its signature restaurant have been sold.Â
The Planters Inn and its Peninsula Grill at Market and Meeting streets are now under the ownership of Northwood Investors, a privately held real estate investment and management firm.Â
The deal was finalized Thursday. The sale price was not disclosed.Â
Former investment banker and Charleston native Hank Holliday has owned the property for nearly three decades. He led its restoration, founded the Peninsula Grill and helped to transform the City Market area.
In recent years, Holliday has downsized.
In 2015, he sold the ground lease to the nearby DoubleTree Hotel, which in July was reopened after a full makeover as the boutique concept Emeline, to an Ohio real estate firm for an undisclosed price. That deal included Hank s Seafood restaurant on Hayne Street.