Cainhoy Plantation - Major New Development Project
Developers broke ground this month on Cainhoy Plantation, a 9,000-acre tract of land (part of the Guggenheim holdings that included Daniel Island) with the construction of a 274-unit apartment complex ("The Village at Point Hope".
The master plan calls for a mix of residential, retail, recreational, educational and commercial uses. The Daniel Island Company is the developer. A new school has already been built, and a second school is expected to open in August. The developer is likely to announce a grocery-anchored shopping center in the community. The first residential neighborhoods will be introduced sometime in 2018.
The Cainhoy property is bordered by the Wando River, two creeks, and 22 miles of saltwater and marsh shoreline. It is permitted for as many as 18,000 homes, according to an article that appeared in Live5News. The development will likely take 40 to 50 years to complete.