google-site-verification: google5ae98130f18ad244.html

Tuesday, November 20, 2018
   
Text Size

Construction & Building

Oct. 25 - Development Team and Elected Leaders Break Ground on Eastern Wharf

Savannah Business Journal Staff Report

October 25, 2018 - The development joint venture comprised of Mariner Group and Regent Partners and their investment partner, ELV, together with Savannah public officials, broke ground for the first phase of the $600M Eastern Wharf project earlier this week. 

The team closed on the landmark deal in September of 2017. Since that time, the team has worked with local leadership, planners and architects to plan a mixed-use development that includes retail, office, hospitality, and a significant residential component. The plan outlines nearly 7 acres of public open space including public squares and a substantial park along the Savannah River. Current plans devote a majority of the total build-out square footage to residential uses, increasing the mix of available housing inventory adjacent to the highly sought after Landmark Historic District.

“Today has been a long time in the making and is the culmination of a lot of hard work between our team and our partners at the City of Savannah. Eastern Wharf will forever change the landscape of this community. We appreciate the significance and the responsibility that comes with a project of this scale,” said Trent Germano, a principal with Mariner Group. 

The groundbreaking kicked off the first phase of the project, which will include: 

  • 306 luxury apartments with a full amenity package
  • An 1100 space parking garage including a 700 space city-owned garage
  • 40,000 SF of food, beverage, entertainment and service-oriented retail uses
  • Approximately 80,000 SF of Class A office space
  • A 196 room lifestyle boutique hotel
  • A linear park and a programmable 2-acre riverfront park

Representing approximately a $225M investment, the team estimates that Phase I will be complete in the fall of 2020. 

“It is a tremendous point of pride to be able to work on a project of this scale in Savannah. We look forward to our continued partnership with the City, the residents and future residents and tenants at Eastern Wharf. Savannah’s past continues to inspire us and our vision this project,” added Reid Freeman, president of Regent Partners.

Patrick Malloy, who has been selected as the residential developer, is already underway with the first building on the eastern side of the project which will be the future home of the single-family townhomes and residential stacked flats.  

The 54-acre site sits adjacent to the Landmark Historic District in Downtown Savannah and will have vehicular access from General McIntosh Blvd and President Street. The site has excellent pedestrian connectivity to downtown via the river walk that was extended as part of the infrastructure work already in place around the site. The total project value is estimated at more than $600 Million and will take approximately 8 years to complete the full build-out. 

For more information, visit www.EasternWharf.com 

Comment (0) Hits: 347

More Articles...

  1. Oct. 25 - Collins Construction Awarded Projects at Ft. Gordon
  2. Oct. 17 - Pond Opens New Office in Savannah
  3. Oct. 16 - Arya Hospitality Breaks Ground on New Retail Center in Savannah
  4. Oct. 2 - The Nine Line Foundation Veteran’s Village Commences Initial Construction
  5. Sept. 28 - South Coast Contracting Group Announces Commercial Property Maintenance & Inspection Division
  6. Aug. 9 - Collins Construction Licensed In North Carolina
  7. Aug. 2 - TideWater Landscape Management Announces New Hires; DeLoach Reducing Daily Oversight
  8. Aug. 1 - Chesterfield $100 Million Under Development Near Savannah Port
  9. FEATURE: Family Lawn Care Awarded City of Savannah’s first ‘Small Business Enterprise’ Contract
  10. July 10 - Waterways Launches Part Two of Neighborhood Expansion
  11. June 29 - LS3P Climbs in Architectural Record Rankings
  12. June 19 - Capital Development Partners Breaks Ground on Savannah Port Logistics Center
  13. May 18 - Ellsworth Design Build Marks New Phase of Award-Winning Renovation and Construction Company
  14. April 30 - The Crossings at Godley Station Coming Soon to Pooler
  15. April 16 - DPR Construction Celebrates the Topping Out of the New GBI Coastal Regional Crime Lab in Pooler, Georgia
  16. April 3 - Felder & Associates Adapts Historic Home for Savannah African Art Museum
  17. Mar. 30 - JE Dunn Construction Selected to Build Georgia Southern University’s Center for Engineering and Research
  18. March 22 - West Construction Company Recognized by Associated General Contractors of Georgia
  19. March 22 - Bethesda Academy Cuts Ribbon for Newly Renovated Pavilion by the Barnbuilders
  20. Feb. 22 - The Dewitt Tilton Group Breaks Ground on New Livingood’s Location

Page 1 of 220

CLICK to SUBSCRIBE and Support Great Journalism!

Follow Us!

TwitterFacebook

Komento Activities

Guest - Maria Johnson Pleming - Commented on Oct. 25 - Department of Biolog... in Joomla Article
So happy to know the Millen Fish Hatchery will be recognized for the incredible system. Mr uncle Dav...
Guest - Karin Mcgruder - Commented on June 4 - Foram Group Announces... in Joomla Article
Are there any updates on this project?and when will the first apartments be available?
Guest - Hart Williford - Commented on June 28 - Savannah Music Festi... in Joomla Article
Rob will be missed by the entire Savannah Community, he built the Savannah Music Festival to worldwi...
Guest - Daryl Stair - Commented on Oct. 16 - Sonesta Resort Hilto... in Joomla Article
Do you have to be a paying guest to use the Tesla charger?
Guest - JR Lee - Commented on MPC approves plan for new Walm... in Joomla Article
Great, another complex to attract Savannah's finest entitlement minded individuals. Another complex ...
Guest - Jack - Commented on Aug. 23 - Phelps on Politics -... in Joomla Article
"Goose that laid the golden EYE? You're right, that is hard to argue with.
Guest - Robin Sherman - Commented on Jan. 4 – COMMENTARY: New Year... in Joomla Article
Excellent post, Ms. Phelps. Effective government can only occur when the public is informed. Transpa...
Guest - Tao of Me - Commented on Why is Memorial Hospital Being... in Joomla Article
They aren't telling Memorial employees anything about this. A recent survey of the facilities by Nic...
Guest - Genie Brazzeal - Commented on Feb. 24 – Lawyer and former Al... in Joomla Article
Thank you, Mr. Bordeaux! Bring some honesty to this court. No more winking like I experienced.
Guest - Karl - Commented on Feb. 25 - Memorial Hospital’s ... in Joomla Article
Good article. Has a lot of information that is very difficult for "team members"(employees) to find....
Guest - Susan Worthington - Commented on May 13 – UPDATED 11:39 a.m. HC... in Joomla Article
In 1953 there was not such a thing as a trauma or neonatal program. The need for Neonatal Services ...
Guest - Linda Dominy - Commented on June 8 – EDITORIAL: Immediate ... in Joomla Article
As a clinical team member this makes me sad and it would never happen. We can argue politics all day...
Guest - Judy - Commented on Savannah’s Title Max Bankruptc... in Joomla Article
How Tracy Young was allowed to file for bankruptcy or chapter 11 is amazing. Title Max should be ch...
Guest - Samantha Claar - Commented on Aug. 7 - COMMENTARY: Je suis “... in Joomla Article
Pertinent questions that deserve real answers. If upper management - appointed and elected - can't ...
Guest - Ken - Commented on Aug. 6 - Dept. of Labor propos... in Joomla Article
Is this state or federal?
MY ACCOUNT
CONTACT
SOCIAL
MORE
ADVERTISE
Coastal Empire News
Headquarters: 35 Barnard St., Suite 300, Savannah, GA. 31401.
Tel: 912-388-4692 | Hours: 8:30 a.m. to 5:00 p.m.