Around the Lowcountry

250 rental homes break ground in Summerville

The Crest Group, a developer based in Long Island, New York, broke ground on a $50 million rental community on a 17-acre Summerville site. The project covers 250 rental homes across 22 buildings: 46 three-bedroom townhomes, 136 two-bedroom units and 68 one-bedroom apartments. Construction financing comes from ConnectOne Bank, with phased completion running from the first quarter of 2028 into late 2028.

November 3, 20261 min read

The Crest Group, a developer based in Long Island, New York, broke ground on a $50 million rental community on a 17-acre Summerville site. The project covers 250 rental homes across 22 buildings: 46 three-bedroom townhomes, 136 two-bedroom units and 68 one-bedroom apartments. Construction financing comes from ConnectOne Bank, with phased completion running from the first quarter of 2028 into late 2028.

Why this matters here

Two hundred fifty new households is a new customer base arriving on a known schedule, and Summerville merchants can see it coming more than a year out. Move-in season is the single best moment to win a repeat customer, because people pick their coffee shop, their dry cleaner and their pizza place in the first few weeks and rarely change after that.

First reported by scbiz.com.

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