Beaufort renters will soon have a new upscale apartment option with Broad River views.
The Parc at Broad River will feature 246 luxury apartments, according to developer Dick Edwards.
"We felt there is a market there," said Edwards, who is based in Georgia.
One-, two- and three-bedroom units will be available to rent, said Willie Wade of Centre Marc Construction, the complex's general contractor.
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The project is estimated to cost $30 million.
The complex is just off the Broad River Bridge on Savannah Highway, with 1,200 feet of water frontage, said architect David English. Amenities include a clubhouse with an "upscale" swimming pool area, a pavilion with a firepit, a fitness center, a cyber cafe, a media center and a drive-through mail center, in addition to on-site garages and boat storage.
The units will feature open-concept kitchens, granite countertops, crown molding, and screened and unscreened porches with views of the Broad River, English said. The units will be housed in 12 three- and four-story buildings.
Wade said a one-bedroom apartment will be about 800 square feet, a two-bedroom will be about 1,200 square feet and a three-bedroom unit will be about 1,350 square feet. Edwards estimated the project would take 14 months, with a tentative completion of October 2016.
"This (complex) is more upscale than what exists in the market now," English said.
Equity Resources LLC, the real-estate investment corporation behind The Parc at Broad River, owns high-end multifamily communities in central and southern U.S., according to its website.
Luxury apartments are on the rise in Beaufort County. Last week, a Blanchard & Calhoun Commercial plan revealed high-end apartments planned for Bluffton's Hampton Lake. Blanchard & Calhoun is also developing luxury apartments at Shelter Cove Towne Centre on Hilton Head Island in addition to a mixed-used development in Bluffton at Buckwalter Place, which is expected to include residential space.
Follow reporter Ashley Fahey at twitter.com/IPBG_Ashley.
- Apartments coming to Hampton Lake in Bluffton, August 7, 2015
- Shelter Cove switching up plans for once-debated apartment building, June 9, 2015
- Kroger to anchor new Buckwalter Place open-air mall, April 2, 2015