I’m confused. Luxury condos across from the new cruise terminal?

Perhaps someone out there can shed some light on this for me. Why are luxury condos going to be built across the park from the new proposed cruise terminal?  I get the hotel. I get the restaurants and spa.  Makes complete sense near the SC Aquarium and the Maritime Center and frankly the area could use a little more activity.  I applaud it.  But condos? At $800/sq ft? There must be something I just don't know.  Help me out here. Here's an excerpt and rendering from the Post and Courier article "Downtown condo project moves forward" "The development is a rarity in today's real ...click to read more...
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One Response to I’m confused. Luxury condos across from the new cruise terminal?

  1. Agricola says:

    Because it is what Joe Riley wants. Because the developer is a supporter. Because this idea has been aborning long before the cruise terminal was even thought of, and before the cruise ships began to visit. It’s all about the benjamins…..

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