Developers buy entire block in Scott’s Addition for $8.6M
December 22, 2020 7
A rendering of Greystar’s proposed five-story, mixed-use building featuring 350 apartments and 10,000 square feet of ground-floor retail space. (
Courtesy of Divaris Real Estate)
Scott’s Addition is set to get another major mixed-use project after an entire city block in the neighborhood changed hands last week.
Greystar, a South Carolina-based developer, paid $8.6 million for the 2.4-acre parcel at 1601 Roseneath Road, where it is planning a five-story, mixed-use building featuring 350 apartments and 10,000 square feet of ground-floor retail space. Local real estate firm Capital Square 1031 is the co-developer on the project.