West Ashley experienced tremendous residential and commercial growth in the latter half of the 20th century largely due to increased accessibility with the construction of I-526 and other infrastructure improvements. Compared to neighboring submarkets, West Ashley has experienced limited redevelopment in the recent years. As a result, key commercial corridors are dotted with older underutilized retail centers.
These shopping centers have many tenant terms coming to an end in the near future, which provides a unique opportunity for extensive retenanting and redevelopment within West Ashley’s retail districts. This report aims to place West Ashley in context within the regional retail market and highlight key opportunities for growth.