Core Spaces Breaks Ground on SC Mixed-Use with Rentals, Student Housing
Chicago-based Core Spaces has closed on construction financing for ōLiv Columbia and officially broken ground on the 2,352-bed mixed-use development, located at 1401 Main St. in Columbia, SC. Affiliates of Apollo provided construction financing; Newmark assisted in the debt financing and Juneau Construction Company serves as general contractor. Summer 2028 delivery is projected.
ōLiv Columbia will feature two towers: a 26-story market-rate apartment tower and a 22-story student housing tower, with a total of 723 units and 2,352 beds. The project will also offer more than 2,140 square feet of retail space and a 1,600-stall parking garage to enhance street-level activity and support
Columbia’s long-term vision for a dynamic Main Street District.
“This is an exciting milestone for ōLiv Columbia, a development that will not only bring more housing downtown but also revitalize the Main Street corridor,” said Austin Pagnotta, director of acquisitions at Core Spaces. The project marks Core’s second development in Columbia, following Hub Columbia at 1426 Main St. in 2014.
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout