Buy a home at a reasonable rate with a VA loan in Nexton, SC

VA loans were established prior to the end of World War II and have since assisted numerous veterans, service members, and military families in fulfilling their dream of owning their a home. In recent times, the program has become increasingly significant, with VA loan volume skyrocketing and offering substantial financial advantages that enable countless veterans to purchase homes, thereby making homeownership a possibility for those who may not have qualified otherwise.

If you sacrificed comfort and security to help protect our great nation, Mission One Mortgage thanks you for your service. We believe that there's no greater honor than to serve those who have served our country. We're not afraid to go above and beyond for our veterans because that's exactly what they did for us.

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What is a VA Loan in Nexton, SC?

A VA loan is a mortgage option that is backed by the government and available to Veterans, service members, and surviving spouses. It is offered by private lenders such as banks and mortgage companies and not directly by the Department of Veterans Affairs.

VA home loans come with competitive interest rates and terms and can be used to purchase a variety of properties, including:

  • Single-Family Homes
  • Condominiums
  • Multi-Unit Properties
  • Manufactured Homes
  • New Construction Homes

One of the great benefits of VA loans is that eligible Veterans can buy a home with no down payment, no mortgage insurance, lenient credit requirements, and the lowest average fixed rates in the market.

Va Mortgages Nexton, SC

This program was created by the federal government to make it easier for those who have served our country to become homeowners, and it is widely considered the strongest benefit program available for this purpose.

What are the Biggest Benefits of Having a VA Loan in Nexton, SC?

At Mission One Mortgage, we work with many Veterans who know that VA loans exist but don't quite understand the full range of benefits they provide. If that sounds familiar, keep reading. This section was written especially for you.

01

Benefit:

No Down Payment Needed

One of the standout benefits of the VA Loan program is that qualified borrowers can purchase a home without having to make a down payment up to the conforming loan limit of their county. This is a significant advantage over conventional and FHA loans, which typically require minimum down payments of 5 percent and 3.5 percent, respectively.

For example, on a $400,000 mortgage, a conventional loan would require a $20,000 down payment, while an FHA loan would require $14,000. Saving up that kind of cash can take service members and veterans years, but with the VA Loan, they can pursue homeownership without having to scrape and stockpile for years on end.

03

Benefit:

Less Strict Credit Requirements

It's important for military buyers to stay informed about credit score requirements when considering home financing options. Although credit score requirements have eased up a bit, it's still necessary to meet certain benchmarks set by conventional and FHA lenders. However, even meeting these benchmarks can be a challenge for many buyers.

Most VA lenders require a credit score of at least 620, which falls in FICO's "Fair" credit score range. Borrowers will typically need to meet a higher threshold for conventional mortgages, particularly if they want to secure a low-interest rate. It's worth checking out VA Loan rates to learn more about financing options.

Despite common misconceptions, military buyers don't need a perfect credit score to obtain financing. While a higher credit score can certainly help, it's important to remember that VA loans in Nexton, SC are designed to help military members and veterans access affordable housing.

05

Benefit:

Help with Closing Costs

Closing costs are an inevitable part of the home-buying process, no matter what type of mortgage product you choose. However, if you're a veteran, you may be pleased to know that the VA places limits on the fees and costs you're required to pay at the time of closing. Additionally, homebuyers have the option to ask sellers to cover all loan-related closing costs, as well as up to 4 percent of the purchase price for other expenses like prepaid taxes, insurance, and collections.

02

Benefit:

No Need for Private Mortgage Insurance

Coming up with a down payment can be challenging for both conventional and FHA homebuyers. In addition, they are required to pay for mortgage insurance unless they can make a sizable down payment, usually 20% of the purchase price. For instance, on a $400,000 mortgage, this would be a staggering $80,000 in cash.

FHA loans carry an upfront mortgage insurance premium and annual mortgage insurance. The latter now lasts for the life of the loan. On the other hand, conventional homebuyers will pay this monthly cost until they have built up enough equity, which can take several years.

Fortunately, VA loans do not require any mortgage insurance. However, there is a mandatory funding fee that goes directly to the Department of Veterans Affairs. Borrowers with a service-connected disability are exempt from paying this fee, which helps keep the program going for future generations.

04

Benefit:

Bankruptcy and Foreclosure

If you've experienced a financial setback such as a foreclosure, short sale, or bankruptcy, you may be worried about your chances of securing a VA home loan. However, don't lose hope just yet. With VA loans, it's still possible to be eligible for a home loan just two years after a foreclosure, short sale, or bankruptcy. In some cases, veterans who file for Chapter 13 bankruptcy protection can be eligible for a VA loan just a year after the filing date.

It's worth noting that the waiting periods for conventional or FHA financing can be significantly longer than those for VA loans. Additionally, even if you've lost a VA-backed mortgage to foreclosure, you may still be eligible for another VA loan.

So, if you're a veteran who's experienced a financial setback but still dreams of owning a home, don't give up hope. Explore your options and see if a VA loan with Mission One Mortgage could be the solution you need.

06

Benefit:

DTI Ratio Flexibility

It's important to keep in mind that VA lenders typically prefer borrowers to spend no more than 41 percent of their gross monthly income on major debts, such as mortgage payments or student loans. However, it's possible to get a VA home loan even if you have a higher DTI ratio. Some lenders may offer up to 55 percent or more depending on your credit score and ability to meet additional income requirements. This can give homebuyers more flexibility and greater purchasing power when it comes to finding their dream home.

Remember - if you have any questions about the benefits you just read about - like what credit score Mission One Mortgage requires for a VA loan - contact our office today. It would be our pleasure to help you navigate the VA loan process, one step at a time.

How to Determine Your VA Loan Eligibility

One of the most common questions we get at Mission One Mortgage revolves around VA loan eligibility. Who is actually eligible for this type of loan? What are the requirements for getting a VA loan? If you meet the following requirements, chances are you'll be eligible for a VA loan.

  • If you have completed 90 days of service during wartime or 181 days of service during peacetime, you may qualify as an active-duty military member or veteran.
  • If you have served in the National Guard or Reserve for a minimum of six years, or have completed 90 days of active duty under Title 32 orders, with at least 30 of them being consecutive, you may be eligible for a VA loan in Nexton, SC.
  • If your spouse was a service member who passed away while on active duty or due to a service-connected disability, and you haven't remarried, you may be eligible for a VA loan. In some cases, surviving spouses who remarried after the age of 57 and after Dec. 16, 2003, may also be eligible. Spouses of prisoners of war or service members missing in action may also be eligible for VA loans, as well.
  • You meet the necessary requirements for credit and income to be eligible for a VA loan. It's important to note that while the VA doesn't set a minimum credit score for VA loans, individual lenders may have their own standards. In addition to credit, your lender will also evaluate your income and debts to assess your ability to repay the mortgage.
  • The property you're interested in purchasing complies with the necessary safety standards and building codes. It's also worth mentioning that in most cases, the borrower is required to make the residence their primary home within 60 days of purchase. However, there are certain circumstances in which this timeline can be extended up to 12 months.
 HomeReady Mortgages Nexton, SC

Follow These 5 Steps to Begin the VA Home Loan Process

Curious what the general steps are for purchasing a home with a VA loan? You're not alone. Keep reading to get a feel for what you have to do to enjoy the wonderful benefits of homeownership.

 Home Ready Mortgages Nexton, SC

When applying for a VA home loan benefit, the Certificate of Eligibility (COE) is an important document that verifies your eligibility to your lender. If you have already used your VA loan benefit in the past, a current COE can help you determine how much remaining entitlement you have. Additionally, it can ensure that your entitlement has been restored for previous VA-backed loans that were paid in full.

After you've applied for your COE, it's a good idea to examine your finances. We're talking about items such as income, expenses, credit profile, and your monthly budget. That way, you know for sure that you're ready to purchase a home.

As a veteran, you have the choice of going through a bank, credit union, or a private VA mortgage company like Mission One Mortgage. Most lenders will have different loan interest rates and fees, so it's important to shop around. Remember - Mission One specializes in VA loans in Nexton, SC. Other lenders, such as large corporations and banks, often can't match the expertise and attention to detail that Mission One provides to veterans.

During this phase, it's a good idea to meet with a range of real estate professionals. Try to choose an agent who has experience processing and overseeing VA loans. Once you select an agent, you can bring your lender's pre-approval letter to their office and begin shopping.

This is the best part of the VA loan process, other than getting the keys to your new home. When looking for a house, remember to look at homes within your price range and budget. Lean on your real estate agent, friends, and family for help in your search.

A Word of Advice from Mission One Mortgage

If you're thinking about buying a home, it's important to weigh the pros and cons of homeownership. While renting can provide flexibility and less responsibility for maintenance, it comes with the risk of rent increases, potential property sales, and uncertainty about security deposit refunds.

On the other hand, owning a home can offer relatively stable mortgage payments and an opportunity to build long-term wealth for you and your family. Before making a decision, it's crucial to determine your priorities, such as your monthly budget for mortgage payments and other expenses like transportation and childcare. Ultimately, only you can determine what's best for your housing and financial needs.

The Key to Homeownership Starts with a VA Loan in Nexton, SC

At Mission One Mortgage, we take immense pride in simplifying the mortgage process and ensuring that our clients experience minimal stress. We understand that navigating the world of mortgages can be daunting, which is why we are committed to making it as smooth as possible.

By choosing to work with us, you're not just getting a mortgage broker - you're selecting a partner who is devoted to your financial well-being and dedicated to helping you achieve your dream of homeownership. By working together, we can work through the VA loan process one step at a time.

That rings true for all of our clients, but especially the U.S. Veterans we serve. In fact, we specialize in VA mortgages and are proud to offer them to US Veterans, those on Active Duty, and their spouses. VA Loans are one of the best mortgages available, offering no down payment requirements, no PMI, and some of the most favorable rates and terms.

If you're ready to take the next big step in your life and provide stability for your family with a place to call home, contact our office today. You're closer to the dream of home ownership than you might think.

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Latest News in Nexton, SC

Charleston-area retail center with new Publix to include 6 restaurants, 7 other businesses

More than a dozen tenants are coming to a new grocery-anchored retail development near Summerville that's almost completely leased several months before construction is set to be completed.The One Nexton commercial node on Nexton Parkway will include ...

More than a dozen tenants are coming to a new grocery-anchored retail development near Summerville that's almost completely leased several months before construction is set to be completed.

The One Nexton commercial node on Nexton Parkway will include restaurants, service-industry providers, a bank and workout site in addition to a new 48,387-square-foot Publix supermarket.

Food-and-beverage offerings coming to the development include Catrina's Cantina, Jersey Mike's Subs, Woodhaven Pizza, Ruby's Bagels, Indian restaurant Naan Appetit, and Dulce Churros, Ice Cream and Cocktails.

The Packie Wine & Spirits retail shop will join service providers Roper St. Francis Healthcare, Heartland Dental, Noire Nails and insurance firm Swamp Fox Agency.

Workout site Basecamp Fitness and Fifth Third Bank round out the announced tenants coming to the site, which is still under construction.

"It's crazy that it's already leased, and we are months away from opening," said Jeff Yurfest, who is handling leasing for the site for The Shopping Center Group. "It shows strength of the market with the amount of people moving to Nexton."

One outparcel site remains to be leased next to the 351-unit Camellia One Nexton Apartments under development on the combined 23-acre One Nexton site, Yurfest said.

The multifamily project is expected to be completed in May or June, according to Nexton spokeswoman Cassie Cataline.

Opening dates have not been announced for any of the commercial tenants, but construction is expected to be completed by the fall on the retail center. It sits across Nexton Parkway from a developing Harris Teeter-anchored commercial site. Harris Teeter is tentatively set to open in the spring.

On the way

A rhyming round of slushy sweet adult beverages is on tap for Upper King this spring with the planned arrival of Zachary’s Daiquiris.

The bar, opening in the former Basil Thai restaurant site at 460 King St., is being touted as “Charleston’s Chic Daiquiri Destination.”

Zachary Elliott, a South Carolina entrepreneur, filed for a liquor license recently for the property, and his social media accounts tease the spring opening of the sing-songy locale.

Elliott is also affiliated with Charleston’s Bourbon & Bubbles, Mesu and Republic Garden & Lounge, and is a partner with the Sweetberry Bowls franchise that has locations in the Carolinas, Georgia and New Jersey.

Elliott did not immediately respond for comment on the daiquiri venture.

The space at 460 King, a former bicycle shop and Huddle House, has been empty since spring 2021, when Basil closed its longtime downtown restaurant.

Gassing up

A Savannah-based convenience store chain is looking to add its first location in Mount Pleasant.

Parker's Kitchen plans to build a 5,175-square-foot shop on S.C. Highway 41 at Wood Park Drive, next to the Lowes Foods-anchored Market at Mill Creek Shopping Center.

Business

Site plans presented to the town show three options for the building's placement: with fueling stations parallel to the store facing the highway, with gas pumps in the rear, and with the store on the corner near the street and pumps set perpendicular to S.C. 41.

The 6-acre site where the store is planned near the entrance to The Gates at Dunes West subdivision is owned by Highway 41 LLC, an affiliate of auto supplier Oakwood Group of Dearborn, Mich. It bought the property for nearly $1.3 million 16 years ago.

Heads up

A new salon focusing on relaxation and rejuvenation of the scalp and hair is now open in West Ashley.

Charleston Head Spa at 1420 Ashley River Road offers a serene atmosphere and personalized treatments to improve scalp health, according to its website. The business, owned by Molly and Josh Smith, is open weekdays by appointment.

Dance steps

A new place to twirl and tumble is being proposed in Mount Pleasant.

The owners of Tapio School of Dance and Gymnastics want to build a 9,500-square-foot studio between existing buildings at 600 and 608 Seacoast Parkway, a frontage road next to the Mark Clark Expressway west of Long Point Road, according to site plans presented to the town.

The school is currently at 455 Long Point Road in a shared-use structure. The proposal is making its way through the town's review process.

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Nexton Highlights 2023 Achievements, Reveals Anticipated Additions for 2024

SUMMERVILLE, S.C. – Nexton, the most innovative and walkable community in South Carolina, reported a successful 2023 that includes the addition of cutting-edge commercial space as well as fresh amenities and housing options. As a new year begins, the community is poised for growth on all fronts, advancing its status as a national model for master-planned communities.“Nexton’s tenth year was filled with accomplishments. From celebrating 2,800 total home sales to welcoming a multitude of high-quality new businesses and...

SUMMERVILLE, S.C. – Nexton, the most innovative and walkable community in South Carolina, reported a successful 2023 that includes the addition of cutting-edge commercial space as well as fresh amenities and housing options. As a new year begins, the community is poised for growth on all fronts, advancing its status as a national model for master-planned communities.

“Nexton’s tenth year was filled with accomplishments. From celebrating 2,800 total home sales to welcoming a multitude of high-quality new businesses and housing choices, it was truly a remarkable year,” said Nexton’s Senior Vice President, Development Brent Gibadlo. “Each new year presents countless opportunities for Nexton, and we are excited to continue this momentum as a forward-thinking master-planned community and thriving economic hub in 2024.”

COMMERCIAL Nexton welcomed a collection of world-class retailers and commercial entities in 2023, including:

• The Hub at Nexton, developed by SL Shaw, added 88,000 square feet of office, retail, and restaurant space. It officially opened its doors in May, featuring local favorites such as The Co-Op and Derrington Dermatology. • Brighton Court: Two additional multi-tenant buildings were added adjacent to Coastal Fertility, offering new medical office and retail options. • Downtown Nexton: Sharbell Nexton LLC, the developer of Downtown Nexton, broke ground on Atelier Downtown Nexton office project in June and secured the first five tenants for the ground-floor retail in the Lofts Downtown Nexton apartments. Woodfield Development nears completion of The Ames, featuring 304 market rate apartments, and broke ground on The Radler, which includes 324 market-rate apartments. • Serendipity Labs, an established brand of co-working and flexible office facilities, celebrated the grand opening of its second Charleston location in Nexton in May. • The Pickle Bar: A new restaurant, retail and recreation concept that combines the growing popularity of pickleball with a bar and restaurant opened in November. • Dayfield Park, new commercial properties featuring office space and residential options, as well as retail and service providers broke ground in September. Tenants include The Goddard School daycare, HYLO Fitness, GoDog, Stretch Zone and Pinnacle Bank. • One Nexton, a Publix-anchored commercial center, broke ground with plans to include a bank and neighborhood-serving retail and dining.

RESIDENTIAL Nexton continued to provide a variety residential offerings and amenities to cater to all lifestyles and preferences, including:

• 492 homes sold in four residential villages including Del Webb Charleston, North Creek Village, Brighton Park Village and Midtown. • Nexton celebrated the 2,800 total home sale milestone. • Brookfield Residential was added to the community’s builder program and introduced their new townhome collection. • Builder Ashton Woods unveiled a new 55+ neighborhood of homes called Hammock Walk, featuring 100 villa-style homes in its first phase. The neighborhood celebrated the grand opening of its first homes and model home in December.

CIVIC • Nexton Middle School, a new fifth through eighth grade Berkeley County middle school, broke ground in December with a planned opening in 2026.

AWARDS + ACCOLADES Nexton received several national and regional accolades for demonstrating its commitment to forward-thinking design and innovation:

• Awarded the Grand Aurora Award in the category Residential Housing Community of the Year – Masterplan. • Awarded the Multi-Housing News Excellence Award in the category Development & Design: Mixed-Use. • Awarded a 2023 Best in American Living Award by The National Home Builders Design Committee for The Villas at Nexton in the category Single-Family Community For Rent. • Recognized as #38 of the 50 top-selling master-planned communities in the U.S. by RCLCO Real Estate Advisors, based on year-end 2023 home sales.

LOOKING AHEAD As Nexton closes another successful chapter, the community continues to set the industry standard for master-planned communities across the U.S. The following can be expected from the Nexton in 2024:

• Page’s Okra Grill opened in January 2024. • Additional homebuilder, Stanley Martin will join the Nexton community as well as new with a new collection of townhomes and condos to Brighton Park. Existing builders are adding new floor plans to Nexton’s Midtown neighborhood. • Brookfield Residential’s model townhome and first homes will open to the public in February. • Del Webb Nexton will break ground on its expanded amenity package with the addition of indoor and outdoor pickleball courts, a large gymnasium and restaurant. • Harris Teeter and Publix grocery stores will open. • Dayfield Park, a new commercial property featuring office space and residential options, as well as retail and service providers, will open. • Downtown Nexton: The first phase of the Lofts and Atelier Downtown Nexton will be completed in 2024. • Berkeley County Park will open in the summer of 2024.

Several new restaurants, other businesses coming to Charleston-area development

Several new commercial tenants are coming to a large housing development on the edge of Summerville.Lombardi's Pizza Kitchen, The Co-op Frosé & Eatery, The Backyard Biergarten, Lowcountry Yoga and children's gym KidStrong ...

Several new commercial tenants are coming to a large housing development on the edge of Summerville.

Lombardi's Pizza Kitchen, The Co-op Frosé & Eatery, The Backyard Biergarten, Lowcountry Yoga and children's gym KidStrong are all lined up to be a part of The Hub in Nexton.

The restaurants and fitness sites are expected to move in by late June or early July, according to Nexton spokeswoman Cassie Cataline.

The Hub is a collection of office and commercial buildings under development on Nexton Parkway and Brighton Park Boulevard near Home Telecom and Refuel convenience store.

Real Estate

Office tenants include Coastal Vascular & Vein Center, Charleston Wound Care, Palmetto Primary and Specialty Care Physicians, Derrington Dermatology and Holliday Ingram law firm.

A new pair of two-story office buildings is expected to be completed in 2024 and 2025. They will be 30,000 square feet and 20,000 square feet, respectively, and be built beside Nexton Parkway.

Nexton is a 5,000-acre, mixed-use development next to Summerville between Interstate 26 and U.S. Highway 176 in Berkeley County. With more than 2,500 homes already sold, the development is expected to have 7,500 residential units at full build-out.

It also could house as many residents as the current populations of Clemson, North Myrtle Beach or West Columbia, roughly between 16,000 and 20,000. That would make it as big as Moncks Corner and Georgetown combined.

Now open

A new pizza restaurant is now open in Mount Pleasant.

BarPizza opened May 12 at 656-G Long Point Road in the revamped former Kiki & Rye space.

It's part of Free Reign Restaurants owned by Ryan and Kelleanne Jones. They also operate the recently opened Southbound on the Charleston peninsula and Community Table in Mount Pleasant.

Stepping in

A new retail shop that incorporates a clothing item in all of its wares is close to opening in downtown Charleston.

Respoke hopes to open by the weekend at 377 King St. in the former location of Simply J Boutique.

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The shop will offer shoes, clothing and other items that are made in part by repurposing different sections of scarves. Hours will be 10 a.m.-6 p.m. daily, but they could change after the shop opens, according to store manager Joseph Fennell.

New threads

Also, coming to downtown Charleston is a new women's clothing store, now with a shop in Asheville.

Hazel Twenty owner Lexi DiYeso plans to open in August at 73 Wentworth St., formerly part of 269 King St. that was used as back-of-house storage for the former Gap store. The front section houses Aerie, also a clothing shop.

Real Estate

The 3,641-square-foot space is currently under construction behind clothing store Collared Greens and next to The Port Mercantile, part of The Restoration Hotel, according to Blair Hines Gearhart of Oswald Cooke & Associates, who represented the tenant. Charles Constant with Constant Properties represented the landlord.

Fresh return

Ruke’s Produce Stand returns to Mount Pleasant on May 24. Operated by Arthur Brown, the vegetable and fruit vendor will operate 10 a.m. to 5 p.m. Monday through Saturday through Dec. 31. It’s at 378 Mathis Ferry Road next to Holy Trinity AME Church.

Book it

That Big Book Sale returns for its 41st run May 19-21 at Omar Shrine Auditorium at 176 Patriots Point Road in Mount Pleasant.

More than 60,000 books in all categories will be on sale, starting at $1. Sponsored by Charleston Friends of the Library, the event helps support Charleston County Public Library System.

A pre-sale event for members is 5-8 p.m. May 18. The event is open to the public 9 a.m.-7 p.m. May 19, 9 a.m.-5 p.m. May 20, and 10 a.m-3 p.m. May 21.

Checks, cash, major credit cards and electronic payments, such as ApplePay, will be accepted.

Real Estate

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New residential neighborhood planned for Nexton community

The homes by Ashton Woods will be located in the North Creek area of the master-planned community, according to an Ashton Woods news release. Presales are now underway at Hammock Walk, a 55-plus community that will feature over 100 villa-style homes in its first phase.“Ashton Woods has a successful history of delivering exceptional floorplans and innovative designs to Nexton, and we are excited to see Hammock Walk come to...

The homes by Ashton Woods will be located in the North Creek area of the master-planned community, according to an Ashton Woods news release. Presales are now underway at Hammock Walk, a 55-plus community that will feature over 100 villa-style homes in its first phase.

“Ashton Woods has a successful history of delivering exceptional floorplans and innovative designs to Nexton, and we are excited to see Hammock Walk come to life,” said Cassie Cataline, marketing director at Nexton, in the release. “As part of Nexton’s esteemed builder program, Ashton Woods is one of 10 builders providing a diverse array of homes to complement the community’s dynamic blend of businesses, recreation and restaurants throughout the community.”

Related content: HOT PROPERTIES: Downtown Nexton secures first tenants

Related content: New-to-market homebuilder coming to Nexton community in Summerville

Hammock Walk will include a collection of ranch-style villas featuring two- and three-bedroom plans, with outdoor living spaces and one-car garages starting in the $300,000s, the release stated. Located within Nexton’s North Creek neighborhood on Nexton Parkway less than one mile from U.S. 176, Hammock Walk will offer amenities including pickleball courts, walking trails, ponds and green spaces.

Ashton Woods, named 2023 Builder of the Year by Builder Magazine, has been building design-forward homes in thoughtfully selected communities across the country since 1989, the release stated. With an emphasis on honored design principles, Ashton Woods builds and sells homes in Atlanta, Austin, Charleston, Dallas, Houston, Orlando, Phoenix, Raleigh and San Antonio.

Celebrating the 10th anniversary of the community’s 2013 opening, Nexton is a lifestyle-driven destination that blends live, work and play by offering conveniences such as state-of-the-art schools, modern infrastructure, 20 miles of trails and 2,000 acres of green space, the release stated. The community’s four residential neighborhoods include apartments, built-for-rent homes, townhomes and a variety of for-sale single-family homes that cater to first-time buyers, executives and 55+ retirees. Nexton has currently sold over 2,600 homes.

In addition to Ashton Woods, Nexton’s builder program features nine other prominent builders, including newly added Brookfield Residential, Centex, David Weekley Homes, Del Webb, Homes by Dickerson, New Leaf Builders, Pulte Homes, Saussy Burbank and True Homes.

Business development in Carnes Crossroads, Nexton and Cane Bay

While Charleston's population is booming with new transplants, the Summerville and Goose Creek areas are developing just as quickly to accommodate the area's growth.Summerville is located roughly 45 minutes from Downtown Charleston, serving as the ideal location for folks who want to move close to the city without being directly in the middle of the excitement.Goose Creek is only 35 minutes from Downtown Charleston and is seeing a demographic of young families who hope to live near the city while finding affordable housing and ...

While Charleston's population is booming with new transplants, the Summerville and Goose Creek areas are developing just as quickly to accommodate the area's growth.

Summerville is located roughly 45 minutes from Downtown Charleston, serving as the ideal location for folks who want to move close to the city without being directly in the middle of the excitement.

Goose Creek is only 35 minutes from Downtown Charleston and is seeing a demographic of young families who hope to live near the city while finding affordable housing and nearby employment.

In recent years, both Summerville and Goose Creek have expanded with the development of several master-planned communities that offer housing, lifestyle, retail, dining, outdoor recreation and so much more. These areas have also developed several new businesses, restaurants, workspaces and corporate offices.

As Goose Creek's economy grows and thrives, many new projects and ventures are on the horizon in this Charleston community, specifically in Carnes Crossroads.

According to Post & Courier writer Barry Waldman's piece about new development in Carnes Crossroads, Carnes is now co-owned by Lennar Builders and Boston-based Freehold Communities, with approval to build about 4,500 homes.

This community is technically only a quarter built, with new projects on the way, such as the concept of "agrihood," a working farm and community gardens. Professional farmers will grow and supply produce, herbs and flowers to the community.

In September 2022, the city of Goose Creek announced a plan for growth in the community, including a walkable space for restaurants, offices and a green lawn for town events. Soon, this multi-planned community that is currently primarily residential with some outdoor amenities will expand to be more similar to larger communities like Cane Bay and Nexton.

While there are currently a few dining options available, like East Bay Deli, Steel City Pizza Co., and Mi Fiesta, plenty more options will be coming soon as well.

As for business development in Summerville's large Nexton community, according to Warren L. Wise for the Post & Courier, Atelier Downtown Nexton is a new project coming soon to Nexton, planned by an affiliate of New Jersey-based Sharbell Development on 7.5 acres on Brighton Park Boulevard off of U.S. Highway 17A.

Located in the Nexton community, the project will include multiple two-story buildings up to 18,000 square feet. Office, service and commercial space will be for sale or lease.

In addition, The Hub in Nexton is expanding. This project is a collection of office and commercial buildings under development on Nexton Parkway and Brighton Park Boulevard, and new expansions will include commercial tenants Lombardi's Pizza Kitchen, The Co-op Frosé & Eatery, The Backyard Biergarten, Lowcountry Yoga and children's gym KidStrong.

Big things are also happening over at Cane Bay Plantation in Summerville. Buck Investments, led by Eddie Buck, recently paid $13 million for nearly 45 acres on the northwest corner of the future Fair Winds Boulevard intersection at U.S. Highway 176. The buildout of this section will happen over the next four years.

Cane Bay has also been selling multiple large parcels of land for new housing developments as it expands, and the community is now roughly the size of Spartanburg, South Carolina.

More growth and business developments are coming quickly for these three large, multi-planned communities that are shaping up to be more like cities in their own right.

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