Quarterra Multifamily Opens 303-Unit Cormac Mixed-Use Apartment Community in Charleston's Growing Upper Peninsula District

Quarterra Multifamily Opens 303-Unit Cormac Mixed-Use Apartment Community in Charleston's Growing Upper Peninsula District

CHARLESTON, SC - Quarterra Multifamily, a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer and asset manager, announced the opening of Cormac Apartments. Cormac is a mixed-use apartment community on Charleston's upper peninsula and represents the first joint venture between QMF and Cresset Partners and was capitalized in their Cresset Diversified Qualified Opportunity Zone (QOZ) Fund I.

Cormac, featuring 303 apartment homes and 13,068 square feet of retail space, as well as a pair of public ground level courtyards – offers an unprecedented level of modern living to the rapidly growing North Morrison "NoMo" district. The mid-rise community's unique and enviable location puts residents within easy reach of employment centers and dining options, as well as entertainment and sporting venues. It also provides prime access to Downtown Charleston, Mt. Pleasant, Park Circle in North Charleston, and West Ashley. 

"Cormac represents a significant step in the evolution of Charleston's Upper Peninsula district, bringing an element of sophistication through next-level living and retail opportunities," said Beach Corontzes, development manager for Quarterra. "The Upper Peninsula has become a destination dining and nightlife locale, not to mention a coveted neighborhood to call home. We're excited to welcome residents and help to accelerate the surging momentum in the neighborhood."

Situated at 1310 Meeting Street Road, Cormac is central to regional employment, shopping, dining and entertainment options. The retail shops at King Street, East Bay Street, Historic Charleston City Market, West Edge and Mt. Pleasant Town Center are all within a short drive. Local hot spots such as Butcher & Bee, Edmund's Oast Brewing Company, Home Team BBQ, Revelry Brewing and Brewlab Charleston are just blocks away. Cormac residents also find themselves in close proximity to several local attractions such as The Refinery, Pacific Box & Crate, and The Wonderer.

Cormac's location on Meeting Street Road (U.S. Highway 52), is less than a quarter mile from Interstate 26, and approximately 1 mile from Ravenel Bridge – which leads to Mt. Pleasant – creating exceptional connectivity to employment centers in Downtown, Mt. Pleasant and North Charleston. Residents have access to a controlled-access three-story above-grade parking facility, as well as on-street parking and 19 electric vehicle charging stations. 

The community features studio, one- and two-bedroom apartment homes, highlighted by Nest smart thermostats, keyless entry and stainless-steel Whirlpool appliances. Custom cabinetry, quartz or granite countertops, hardwood-inspired flooring and pendant lighting is featured in two distinct design schemes. Homes are equipped with tile backsplashes and under-cabinet lighting in kitchens, and baths come with oversized tubs or walk-in showers with full tile surrounds.

Residents also enjoy a full amenity lineup which includes an eighth-floor rooftop terrace complete with butler kitchen and spectacular views of Downtown Charleston and the Ravenel Bridge. The fourth-floor features three elevated courtyards – one of which is highlighted by a resort-style pool and clubhouse. The clubhouse is home to multiple coworking spaces. A state-of-the-art fitness center, a bike storage room, package lockers, rentable storage spaces are at residents' disposal, as well.

Source: Quarterra Multifamily

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