Woodfield JV Opens Charleston Luxury Community
The property is part of a master-planned development.
A joint venture between Woodfield Development and Simpson Housing has opened The Henslow Daniel Island, a 163-unit upscale property in Charleston, S.C.
Simpson Housing also manages the property and oversees leasing, which began in July. The Henslow is currently 31 percent occupied.
The project is part of the Daniel Island master-planned community. Housing Studio, SeamonWhiteside and SHAH Architecture & Interiors, as well as S. Wilkins Interior Design, contributed to the designs of the property. CF Evans served as general contractor.
The joint venture broke ground on the project in September 2023, according to Yardi Matrix. A year before, the duo took out a $43.2 million construction note from Renasant Bank.
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Located at 350 Henslow Drive on a 10-acre site, the property is near Interstate 526 and 14 miles south of downtown Charleston. The Henslow is surrounded by several parks and close to Credit One Stadium, as well as a few retail options.
The community features one-, two- and three-bedroom apartments, as well as 12 two-story, three-bedroom townhomes, with floorplans ranging from 687 to 1,713 square feet. Shared amenities include a swimming pool with sundeck, clubhouse with kitchen, rooftop lounge, fitness center, coworking area with private stations and a dog park.
Charleston’s current pipeline includes 34,135 units across 174 projects in all stages of development, according to Yardi Matrix information. Out of the total number, 38 communities consisting of 8,180 units are under construction. Meanwhile, South Carolina continues to attract multifamily developers, with Columbia, S.C., ranking eighth in the top emerging housing markets across the U.S.
Woodfield’s recent South Carolina deals
The Henslow marks Woodfield’s 17th project in South Carolina. Over the past 20 years, the company has brought online more than 4,600 units in the state, amounting to north of $1 billion in investments.
One of Woodfield’s properties in South Carolina is The Ames, a 304-unit apartment community which opened in July 2024, in Charleston’s suburb of Summerville. The firm recently refinanced the asset with a loan from Mesa West Capital.
The company also owns more assets within the Daniel Island master plan. These communities include The Port House and Wharf 7, located within walking distance of The Henslow.
