After 5-year wait, work on tech-focused office begins under Opportunity Zones credits
A technology-focused office building on the upper peninsula broke ground Tuesday after six years of planning, making it one of the first major developments to be built under the new federal Opportunity Zones program.
Construction of the long-planned Charleston Tech Center, a 92,000-square-foot structure on Morrison Drive, is expected to be completed in late 2020. An 816-space parking garage also is part of the $54 million development.
The city of Charleston acquired land at 997 Morrison Drive in 2013. The Charleston Digital Corridor now holds a 99-year-long lease on the property. The tech center was originally expected to open in 2016, but has been held up by various delays.