In a recent government meeting, officials discussed the redevelopment of the old SEAG property, now known as 141 Meeting Street, which was purchased by a private entity two years ago. The plan includes the sale of the historic E.B. White building to the Gibbs Museum for $3 million, with the city of Charleston contributing half of the cost. The remaining portion of the property will be transformed into a public park named American Gardens.
To facilitate the renovation of the E.B. White building, which has been unused for several years, the seller has agreed to provide an additional 23 feet of space at no extra cost. This expansion will allow for essential facilities such as restrooms and offices.
A significant hurdle for both the park and building projects is the relocation of transformers installed by SCE and Dominion, which currently obstruct the site. The city has arranged for the use of nonstandard service funds (NSSF) to cover the $480,000 cost of moving these transformers, with $240,000 coming from the city and an equal match from Dominion. This funding is already allocated, ensuring no additional costs for either the city or the Gibbs.
The timeline for the park's completion is set for next October, with the Gibbs Museum expected to align their renovations accordingly. The swift relocation of the transformers is crucial for the timely progression of both projects.