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Project: Isle of Palms Connector (SC 517)

Summary:

The Isle of Palms Connector (SC 517) is a 3.84 mile fixed span bridge connecting the mainland town of Mount Pleasant, SC with the island on the Charleston, Carolina coast which created opportunities for commercial development along US 17.

Characteristics and Setting:

Classification/Type
Bridge
Transportation Mode
Highway
Average Annual Daily Traffic
23,600
Length (mi)
4.00
Economic Distress
1.09
Population Density (ppl/sq mi)
371
Population Growth Rate (%)
0.02
Employment Growth Rate (%)
0.03
Market Size
228,216
Airport Travel Distance (mi)
13.0000
Topography
1

Geography

Region
Southeast
State
SC
County
Mt Pleasant (Isle of Palms). Charleston County, SC
City
Mt Pleasant, Isle of Palms
Urban/Class Level
Metro
Local Area
N/A
Impact Area
County
Transportation System
None

Timing

Initial Study Date
N/A
Post Construction Study Date
1998
Construction Start Date
1990
Construction End Date
1993
Months Duration
N/A

Costs

Project Year of Expenditure (YOE)
N/A
Planned Cost (YOE $)
N/A
Actual Cost (YOE $)
35,000,000
Actual Cost (current $)
57,655,738

Pre/Post Conditions:

NOTE: All pre/post dollar values are in 2013$

Select a region to display the conditions for that region:

Local

Measure Pre project Post project Change % Change
Personal Income Per Capita 31,185.20 38,538.20 7,353 0.24%
Economic Distress 1.10 1 -0.10 -0.09%
Number of Jobs 4,966 16,966 12,000 2.42%
Business Sales (in $M's) 0 0 0 N/A
Tax Revenue (in $M's) 0 0 0 N/A
Population 30,108 47,609 17,501 0.58%
Property Value (median house value) 159,624 231,932 72,308 0.45%
Density (ppl/sq mi) 0 0 0 N/A

County(ies)

Measure Pre project Post project Change % Change
Personal Income Per Capita 38,425.10 33,342.90 -5,082.20 -0.13%
Economic Distress 0.54 0.62 0.08 0.15%
Number of Jobs 215,022 232,998 17,976 0.08%
Business Sales (in $M's) 0 0 0 N/A
Tax Revenue (in $M's) 0 0 0 N/A
Population 289,588 307,174 17,586 0.06%
Property Value (median house value) 134,314 162,790 28,476 0.21%
Density (ppl/sq mi) 315.28 334.43 19.15 0.06%

State

Measure Pre project Post project Change % Change
Personal Income Per Capita 34,916.20 29,272 -5,644.20 -0.16%
Economic Distress 0.84 0.80 -0.04 -0.05%
Number of Jobs 1,820,450 2,208,530 388,080 0.21%
Business Sales (in $M's) 0 0 0 N/A
Tax Revenue (in $M's) 0 0 0 N/A
Population 3,412,100 3,919,240 507,140 0.15%
Property Value (median house value) 111,200 0 -111,200 -1%
Density (ppl/sq mi) 113.32 130.17 16.85 0.15%

County Impacts

NOTE: All impact dollar values are in 2013$

Measure Direct Indirect Total
Jobs 2,856.00 2,048.00 4,904.00
Income (in $M's) 136.02 97.56 233.58
Output (in $M's) 331.64 237.86 569.50

Case Location:

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Narrative:

ISLE OF PALMS CONNECTOR CHARLESTON, SC

1.0 Synopsis

The Isle of Palms Connector is a 3.84 mile fixed span bridge connecting the mainland town of Mount Pleasant, SC with the island on the Charleston, Carolina coast. The Isle of Palms is a resort community with a mix of seasonal and year-round suburban residents. The new bridge had a limited impact on land use on the island. It did, however, create opportunities for commercial development along US 17 in the mainland town of Mount Pleasant. The $35 million Bridge opened up new sites for commercial development here, producing an estimated 1,150,000 square feet of commercial floor space and 2,856 jobs.

2.0 Background

2.1 Location & Transportation Connections

The Isle of Palms is about 12 miles (20 minutes) from historic Charleston, SC. Interstate 26 connects with Columbia (125 miles) and Greenville, SC (225 miles) to the northwest. Interstate 526, Charleston's outer beltway, provides access to the International Airport, a 30 minute drive northwest of Isle of Palms. I-526 connects with US 17, providing access to the town of Mount Pleasant, on the mainland.

US 17 is a major coastal route through the State of South Carolina, linking with Myrtle Beach (93 miles north) and Savannah (150 miles south). The 3.84 mile IOP Connector Bridge spans the Atlantic Intracoastal Waterway and marshes between US 17 and the City of Isle of Palms. Before the bridge was completed in 1993, the sole access to the Isle of Palms was via the Ben Sawyer Bridge (SC 703), which connects to Sullivan's Island, 5.5 miles south of the City of Isle of Palms. Figure?1.0 below provides an overview of the area's transportation connections.

2.2 Community Character & Project Context

The Isle of Palms is a seven-mile long barrier island, ranging in width from 0.35 miles to 1.6 miles. The total area of the island is 5.5 square miles. The approximate year round population is over 4,000; but during the summer season, the population rises to 12,000 and peaks at roughly 20,000 over major summer holiday weekends.

With a median income of nearly $90,000 in 2000, Mount Pleasant is a fairly affluent community. Much of the development on the island consists of condominiums and rental homes used for seasonal occupancy. Of the estimated 4,000 dwelling units on the island, approximately 40% are owner-occupied, year-round residential units occupied by commuters to the mainland. The island is largely residential. There is relatively little commercial development, outside of the resorts and two convenience shopping centers, and there are few jobs.

In 1975, the Isle of Palms approved plans for the development of a resort community and authorized a zoning district, known as Planned Development District (PDD), for the northern end of the island. Much of this area is known as Wild Dunes, a gated resort community that offers a major resort and amenities, including conference services, golf and tennis facilities as well as single-family and multifamily owner-occupied and seasonal rental dwelling units. Wild Dunes is a popular site for sports events, particularly amateur golf and tennis tournaments. At present, the Isle of Palms is 85% built out and has limited potential for new commercial development.

The Town of Mount Pleasant, on the mainland side of the new bridge, is an exploding outer suburb of 65,000 people. It is the fifth largest municipality in South Carolina, and for several years ago it was one of the State's fastest growing areas, doubling in population size between 1990 and 2000. Most housing units are single-family and owner-occupied. Housing permits issued peaked in 1999 and, since then, the number of new permits has remained steady. Year-round tourism to the town supports 26 retail centers of over 30,000 square feet.

With 9.9 million square feet of office development lining the US 17 corridor, Mount Pleasant offers a diverse range of job opportunities in professional, management, tourism, and health-care industries. Land development in Mount Pleasant is not constrained as it is in the Isle of Palms. The Town's inventory of commercial sites, which total 4 square miles, is only 60% built-out, indicating significant scope for future growth.

3.0 Project Description & Motives

The IOP Connector is a two-lane fixed span bridge over the Atlantic Intracoastal Waterway linking US 17 in the mainland Town of Mount Pleasant with the City of Isle of Palms, on the south side of the island. South Carolina DOT championed the project and funded it using money designated for special projects and other State funds. The project cost approximately $35 million (in 1990 dollars).

The main objective in constructing the IOP Connector Bridge was to improve access to island for existing residents and tourists. Construction commenced in 1990, with much pre-planning and engineering and right-of-way acquisition already underway before Hugo. Although Hugo was not the impetus for the project, the absence of an evacuation route during Hugo bolstered justification for the project.

4.0 Project Impacts

4.1 Transportation Impacts
4.2 Demographic, Economic & Land Use Impacts

Since the 1970s, Wild Dunes has expanded its resort facilities on the northern side of the island to occupy 1,600 acres of private, oceanfront property. Over time Wild Dunes residential accommodations have grown to include The Boardwalk Inn (93 rooms), Villas and Private Homes (more than 350), and The Village at Wild Dunes (120 rooms). Future residential units are planned and some Wild Dunes development opportunities remain, however, capacity for continued resort expansion is limited.

There are two small shopping centers, Island Center (1959) and Ocean Park (1992), located on the IOP. These were built prior to the new bridge. The Island's four-block commercial area consists of tourist-oriented businesses and restaurants. Capacity for new development on the IOP is limited, with approximately 85% of the Island built out prior to the IOP Connector. Over time these development activities would have likely occurred even if the IOP Connector had not been built.

Like elsewhere in the country, property values appreciated significantly on the Isle of Palms and one nearby Sullivan's Island throughout the 2000s. The City has experienced extensive redevelopment of smaller homes into ?monster? scale houses and has established ordinances to limit the size and width of houses on the island.

The most significant development impact occurred on the mainland side of the bridge in the town on Mount Pleasant near the junction of US 17 and the IOP Connector. Development of this area occurred between the mid-1990s and the early 2000s, when shopping centers and hotels were built on sites near US 17 just south of the IOP Connector. An estimated l.4 million sq. ft. of commercial floorspace has been developed in the area near the IOP Connector in Mount Pleasant. There are four hotels with 399 rooms to accommodate tourist activity. Four major malls provide retail and entertainment options:

  • Mount Pleasant Towne Centre has ~500,000 square feet of retail space and was built in the late 1990s. It is billed as an upscale shopping experience in classic southern style, with over 65 national and local tenants, including: banana republic, Gap, Bath & Body Works, Cach?, Men's Wearhouse Old Navy, J.Jill, Coldwater Creek and Francesca's and a 16 screen cinema.
  • Shoppes at Seaside Farms, has ~300,000 square feet and was built in the late 1990s. This is a mixed use development with condominiums, box retail, and a Homewood Suites hotel (107 rooms). A planning application was recently submitted for a 395,000 square feet expansion to this development.
  • Sweetgrass, built in the early 1990s with ~250,000 square feet of retail space and restaurants as well as two hotels, the Hampton Inn (121 rooms) and the Residence Inn (90 rooms).
  • Iron Gate Plaza built in the early 2000s has ~100,000 square feet of shops and restaurants and a Comfort Suites (81 rooms).

An estimated 2,856 jobs (300 hotel jobs, 2,556 retail jobs) have been created since the IOP Connector opened up new sites for commercial development here. Traditional residential subdivisions were built in Mount. Pleasant in the area near US 17 and the IOP Connector throughout the 1990s, but it is likely that these would have occurred without the new bridge.

As previously noted, given the Island's size and pre-existing development prior to the IOP Connector, there was limited potential for new commercial development. Any future new development around the IOP Connector is likely to be more infill in nature. Since being built, it is estimated that the IOP Connector has generated revenues (e.g., impact fees, business licensing fees, building permits, franchise fees for eclectic services) in excess of $50 million for the town.

5.0 Non-Transportation Factors

When Hurricane Hugo hit the Charleston Coast September 1989, vehicular access to and evacuation from Sullivan's Island and the Isle of Palms was affected because the force of the storm rotated the Ben Sawyer swing span bridge, leaving it tilted at a 45-degree angle. There was also millions of dollars in property damages to the area. Following the hurricane, the affected communities received substantial insurance proceeds, disaster grants, and loans for rebuilding. As a result, it is difficult to distinguish the economic impacts of the IOP Connector from those due to redevelopment and recovery efforts.

Other factors influencing the growth of the project area were the rapid growth of Charleston Metro Area over the past twenty years. This has driven tourism and second home development on the IOP. . The Charleston metropolitan area grew by 27% between 1990 and 2008. This area has long been a tourist destination, with the annual number of visitors to the area increasing by 270,000 between 2005 and 2007. More recently, however, the tourism industry has been impacted by the national economic downturn, and visitation to the island, as elsewhere, declined in 2008-2009.

6.0 Resources

6.1 Citations

Amended Comprehensive Plan for the City of Isle of Palms, South Carolina, Prepared by the Isle of Palms Planning Commission, Revised August 12, 2009

Demographics for the Town of Mount Pleasant 2009, Prepared by The Town of Mount Pleasant Planning & Development Department

Town of Mount Pleasant Comprehensive Plan 2009-2019, Prepared by EDAW/AECOM, October 22, 2009

http://www.bensawyerbridge.com/history.shtml

http://www.dot.state.sc.us/i526/default.shtml

6.2 Interviews

Organization

City of Isle of Palms, Building & Planning City of Isle of Palms, Police Chief SCDOT District Six Town of Mount Pleasant, Traffic Department. Town of Mt. Pleasant, Planning Department Town of Mt. Pleasant, Town Administrator's Office Town of Sullivan Island
Footnotes
Case Study Developed by Cambridge Systematics, Inc.

Attachments:

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