Seven regional membership and business organizations are voicing concerns about Mt. Pleasant’s Growth Management Plan that was initially approved April 14.
The Town Council voted 8-1 to approve the plan, but the regional organizations have requested that changes be made to the plan.
The plan, if implemented, will increase recreation and development fees, end bonus densities and stop the increased density commonly used in planned development.
The organizations are concerned that the plan will harm business and economic growth, encourage a sprawling community and make the region even more expensive, which would drive away first-time homebuyers and young professionals. The organizations are also encouraging the Town Council to take advice from outside experts.
In light of the concerns, the Town Council has decided to stall the plan’s second reading. During the next four to six months, the Town Council and stakeholders will work together to discuss the concerns.
The concerned organizations are the Charleston Trident Association of Realtors, Charleston Home Builders Association, Lowcountry Local First, Charleston Metro Chamber of Commerce, Coastal Conservation League, Urban Land Institute and SC Community Loan Fund.
“Our major concerns center around the elimination of bonus densities,” President and CEO of the Charleston Metro Chamber of Commerce Bryan Derreberry said. “With this proposal, the town is eliminating the ability to construct the types of housing and development that young professionals are telling us they want. The town will become even more expensive and further promote sprawl.”
Also expressing concern was Lowcountry Local First Executive Director Jamee Haley.
“Local business is an integral part of the economy and plays a significant role in what makes Mt. Pleasant unique,” Haley said. “These one-of-a-kind businesses add to the desirability of the location. Being able to hire employees that are within close proximity to where they work, and locating affordable housing near commercial property is key to insuring their success and the success of Mt. Pleasant.”