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šŸŽ† Fireworks on the 4th, a new brewery, & Cinebarre Pt. 2

Short week next week? šŸ˜

Good morning! Isnā€™t it great to know we live in the Southā€™s friendliest city? šŸ˜

In todayā€™s newsletter:

  • Charleston just loves its fireworks. Hereā€™s where to see them in town šŸŽ†

  • ICYMI stories. That would be ā€œIn Case You Missed Itā€ šŸ˜³

  • Part 2 of ā€œWhatā€™s going into the old Cinebarre theater in Mount Pleasant?ā€: If you missed Part 1, start here šŸ¢

Friday 88Ā° / 77Ā° šŸŒ¦ļø šŸ’§49%

Saturday 89Ā° / 78Ā° šŸŒ¦ļø šŸ’§36%

Sunday 91Ā° / 77Ā° ā›… šŸ’§38%

Friday, June 28

  • Carolina Day Concert I 12:00 PM - 1:00 PM I White Point Gardens at The Battery (map) I Join Charleston Concert Band for the annual commemoration of the Battle of Sullivanā€™s Island.

  • Charleston Battery vs. North Carolina FC I 7:30 I Patriots Point Athletic Complex (map) I Itā€™s Red, White & Blue Night, and fireworks follow the match.

Saturday, June 29

  • Charleston Farmers Market I 8:00 AM - 2:00 PM I Marion Square (map) I Enjoy fresh local produce, food and beverage vendors, art, live music and more.

  • Picnic at Merci I 9:00 AM until treats are sold out I Merci at 28 Pitt Street (map) I Pastries, sweets, breads and a delicious list of morning bevs.

Sunday, June 30

  • Hatha & Hops I Two Blokes Brewing (map) I 11:00 AM - 11:45 AM I Join beertender and certified Hatha Yoga instructor, Kristen, for 45 minutes of feel-good stretching.

  • Full STEAM Ahead I Childrenā€™s Museum Of The Lowcountry (map) I Children are invited to explore STEM (science, technology, engineering & math) concepts through art.

HOLIDAY WEEK NEXT WEEK!

Where to see fireworks on the 4th of July

Charlestonians love fireworks. Our pups, not so much

STAT OF THE DAY

šŸŽ‡ $2.3 billion. Thatā€™s how much the US fireworks industry collected in ā€œconsumer revenueā€ in 2022. You know, the sparklers and snakes and bottle rockets YOU buy. Contrast that with a paltry $400 million in ā€œdisplay fireworksā€, which are the ones the pros use.

RESTAURANTS

Not Sure Iā€™d Want To Lie In A Crooked Hammock

Mount Pleasant may get its own Crooked Hammock Brewery

Itā€™s at the local Design Review Board meetings I like to spend my Thursday evening (said no one ever).

A Rehoboth Beach, Delaware-based hospitality company is planning to develop a brewery concept called Crooked Hammock Brewery at the corner of Midtown Avenue and Hungryneck Boulevard in Mount Pleasant.

La Vida Hospitality, and a representative that lives locally, presented its plans to the Town of Mount Pleasant Design Review Board on May 29.

La Vida Hospitality plans to develop an 8,600 square foot brewery

Iā€™ve spoken to a close friend who has a home in Lewes, DE, and frequents this companyā€™s concepts. He had good things to say, and says they offer an excellent combination of food, beer and relaxed times.

This is just a step in the process, and La Vida Hospitality has a ways to go before they get final approval from TOMP. But the fact they own the property, and operate a Crooked Hammock Brewery in North Myrtle Beach, bodes well for their commitment to Charleston.

REAL ESTATE

Part 2 Of ā€œWhatā€™s Gonna Happen To The Old Cinebarre Theater?ā€

As I mentioned above, there was a Part 1 to this story and you can read that here.

Real estate development can take a really long time. Cinebarre closed close to 3 years ago. And in my estimation, itā€™ll be another 3+ years before we see anything meaningful happening on the site.

What to do with this building?

The current building is 35,000 square feet on 7 acres.

Nobody was ever going to re-lease a 35,000 square foot single-purpose movie theater building. The developer didnā€™t pay a big number for the site and say ā€œI think Iā€™ll hire a great commercial real estate broker to find another theater!ā€

We all know the trends in the movie theater business, theyā€™re not good.

The Future

Collett Capital plans a 100,000 SF office building

When I spoke with a principal at Collett Capital a few weeks ago, he told me they wanted to deliver a high-quality office building to Mount Pleasant.

Theyā€™re out in the market trying to find a tenant sizable enough to allow them to move forward on the project.

They have a challenge in front of them, one acknowledged by the Collett Capital representative.

The tepid office building market is detailed pretty well in this recent article, and it doesnā€™t make for pretty reading.

Bob Nuttall, Managing Principal of the Charleston office of Lee & Associates, stated ā€œif a new office building gets approved to be built, itā€™s about three years minimum until itā€™s ready to be occupied and lenders are wary of the future of office spaceā€.

GRAB BAG

In case you missed it

The former Haroldā€™s Cabin will become a restaurant named ā€œLillianā€™sā€.

šŸ½ļø That didnā€™t take long. Haroldā€™s Cabin, the beloved eatery owned by Bill Murray, closed on February 24. A new restaurant named after the wife of ā€œHaroldā€ is opening in its place.

ā›±ļø Plans to convert the shuttered Sand Dunes Club are no more. What was to be a $30 million investment to convert the Sullivans Island beach club have been scuttled. Hereā€™s the new plan.

šŸ‘— King Street snares another international retailer. PAIGE, an apparel brand with 23 stores offering menā€™s and womenā€™s clothing, will open this summer at 369 King Street. It will be their biggest store.

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