In 2015, Iron Bridge purchased a track of land in Mount Pleasant, South Carolina through a receivership process. The land had been on the market in various forms for several years, and a number of proposals, plans and ideas had been discussed for the site over its history.
The land is located on Hobcaw Creek, less than 2 miles from the Cooper River Bridge to downtown, and including wetlands and marshland, comprises over 70 acres of land. The property includes 66 live oaks, some dating back to the revolutionary war. The site is listed on the national register of historical places as the host of the largest shipbuilding operation in the Carolinas in the 1700s. Iron Bridge looked at the property, its trees, wildlife, and habitats and eschewed massive demolition and any plans for commercial development, but instead determined that saving and preserving the natural beauty of this historic property was a worthy endeavor.
Iron Bridge has elected to subdivide the property into 5 large estate lots to keep the density low and preserve the trees and habitat for the abundant wildlife that inhabits the land. Iron Bridge will create a small pocket park community space and several community access points to allow Shipyard residents to access the deep water creek and salt water lake and Iron Bridge’s co-founder will make the Shipyard home for years to come. Financing for the project was provided by Raymond James through a longstanding relationship with Iron Bridge.