A turn-of-the-century navy storehouse has been converted into 78 boutique live/work units, including studio and one-bedroom apartments ranging from 540 to 930 square feet. Called Storehouse 9, the 100-year-old, four-story brick building blends original industrial architecture with modern utilitarian design elements.

Exposed brick walls, concrete floors, original concrete mushroom columns, and historically replicated steel-frame windows run throughout the building. In keeping with its authenticity, historic details such as large window openings and original staircases and balustrades were carefully restored. 

Storehouse Nine is part of a broader redevelopment led by Jamestown and local Charleston real estate developers Weaver Capital Partners and WECCO Development. The multi-phase redevelopment will transform an 85-acre portion of the former naval base into a mixed-use neighborhood.

The building is positioned alongside Storehouse Eight, which will be reactivated in the coming months with office and an event venue, as well as additional retail, restaurants, and design showrooms. 

AGB Real Estate has made a habit of buying run-down hotels and turning them into serviceable, affordable housing developments. The company bought the HomeTown Studios hotel at 1210 Murfreesboro Pike in Nashville for $9.5 million and plans to convert it into a 117-unit permanent supportive housing project.

The Nashville Business Journal reports that the project is expected to take less than six months to renovate and will welcome residents in September. AGB has completed two similar projects: Hermitage Studios, a 108-unit workforce and attainable housing development that opened in May 2023, and Wallace Studios, a 132-unit permanent supportive housing project that opened in April.

On its website, the company touts its agility, “By transforming underutilized assets such as hotels, motels, and senior living facilities, we can bring housing units to market in less than 12 months, more quickly meeting the surging demand for affordable housing.”