Midtown Condos are Coming Down to Street Level
Monday, June 28, 2010 at 9:56PM 
I have written several times about the development called Midtown in the "midtown uptown" part of the peninsula. I think it's time to revisit. The prices are now 21% to 27% off the original high water mark.
36 Cannon is a 3BR,2.5BA unit that has 2072 sq ft. The current price is $549,000, down from the original $699,000. This is alot of space for downtown Charleston. I'm still really keen on their contemporary architecture with great light and interesting stained cement floors.
Some snappy new restaurants have opened in the surrounding area, like "Closed for Business", owned by some savvy guys who already have several successful eateries. And two of my favorites in the entire city, Traitorria Lucca and Hominy Grill, are a nice walk from 36 Cannon. Certainly worth taking a look now!
Pros
Pricing is getting close to normal (whatever that is)
Location is very attractive
Streetscape in the works around there
Great feeling inside with lots of good lighting
Cons
Don't know where the bottom is, but I would think they're considering offers
Neighborhood still a little "mixed"
Factsheet
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