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Privacy, stunning scenery highlight Renaissance

A private, upscale condominium complex on the banks of the Cooper River with a swimming pool, ballroom, sweeping views and other perks is striking enough. But then tack on average values that some expect to rise 54 percent in three years, and you've got a solid investment, too.

Those are the advantages of the Renaissance on Charleston Harbor, the easily visible twin high-rises on the Patriot's Point access road east of the Cooper. The towers, which opened 18 months ago, are almost identical, with 50 units apiece. What few differences there are include palmetto frescoes on the north building's facade and crescents on the south building, and a gold paint scheme versus taupe paint on the interior walls.

It's almost too late to buy an original condo. As of this month, only two of the units have yet to sell.

But resales are already commonplace in a complex where the average price rose from $650,000 to $775,000 and is expected to hit $1 million in 2004, said Joseph Walker, project manager with developer Estates Inc. in Columbia.

"We do this premium product; the Charleston market basically sold itself," Walker said. In other words, if you build it, they will come. The list of occupants includes Estates Inc.'s owner, who combined two penthouse condos into a plush 4,400-square-foot home complete with a pool table, wet bar, home theater and three balconies.

The construction team included Estates Inc., a developer of trendy condos, town homes and apartments in the Southeast; Washington, D.C.-based Lessard Architectural Group, the international Bovis Lend Lease contractors; Mount Pleasant-based Seamon, Whiteside & Associates landscape architects and the Boudreaux Group interior designers.

The complex has 10 floor plans ranging from 2,044 square feet to 4,166 square feet and priced from $500,000 to $4 million.

Developers spared no expense: Esteemed local artist John Carroll Doyle painted two canvases with Lowcountry scenes that hang in the buildings' grand foyers, each topped with a bronze- and alabaster-toned geometric dome and manned 24 hours a day by a concierge. Standard condo trappings include gas log fireplaces; master baths with marble floors and jetted tubs; granite kitchen countertops, Sub-Zero refrigerators, Bosch dishwashers and Thermador ranges.

The buildings are seven stories, or eight, depending on which side you are facing. The high-rises have seven floors of condos on the west side facing a River Walk promenade, terraced garden, Italian Renaissance-style swimming pool and a "social compass" -- a raised circle on the pool deck with an engraved map of peninsular Charleston. The bottom floor is underground, connecting the two towers.

By contrast, the front side, which faces inland and overlooks the above-ground parking, has eight condo floors.

The below-ground level is more than just a long hallway. There's the 1,730-square-foot Grand Renaissance Club Room, which has a series of tables, chairs and couches; a wide-screened television, piano and kitchen. The Cardiovascular Exercise Theater has a decorative fountain wall and a half-dozen or more pieces of equipment. There are entrances to the parking garage, where each owner gets two spaces as well as a cubicle in a locked storage bin.

The complex has controlled access to just about everything by way of secret codes on keypads at doorways, elevators and when entering or exiting the clubhouse and garage. The hallway is invisible from the outside, located under the entrance to the swimming pool and a decorative, arched above-ground connector.

That's not all: The buildings have a series of high-speed elevators that can take the condo owner, in all but a few cases where exits are combined, straight into their digs. The second floor has a library and two guest suites where residents can reserve rooms for family or other guests.

The complex was constructed with safety in mind, from condo windows built to withstand winds of up to 130 miles an hour and 30 sprinkler heads per unit that would cascade down water in case of fire.

To visit the Renaissance on Charleston Harbor from downtown Charleston, take the Cooper River bridge to U.S. Highway 17 Business (Coleman Boulevard). Turn right at the first traffic light onto Patriots Point Boulevard. The complex is on the right.

 

The Post and Courier, 11/15/03, Jim Parker

 

  

 

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