Work is beginning on a new residential development near Park Circle in North Charleston. The 43-acre project uses the land and some former buildings of the old GARCO industrial plant.

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The developer, the Beach Company, expects it to be two years before any units are on the market, so it's still a question how much the downturned economy might still be impacting then.

Live 5 News has the story, go check it out. Charleston Real Estate Blog also has some details.

Perhaps most interesting is that a grocery store is proposed for the site -- and those are something sorely missing from the area.