March 13, 2006

Capitol Places Tapps Into New Apartment Venture

COLUMBIA, S.C. – Capitol Places, one of Columbia’s most successful downtown real estate development companies, is proud to announce a partnership with Main Street Lofts for the marketing and management of the 42 apartments in Columbia’s Tapps Building. The Tapps building is located at 1644 Main Street in the City Center.

Capitol Places will manage the process needed to convert the apartments into condominiums in the fall of 2007. Meanwhile, new fitness centers called The Factory at Tapps and The Firm have opened on the ground floor of the Tapps building.

“The Tapps building is a Columbia landmark. This is a great opportunity to partner with a well respected real estate development and management company for a successful transition to condominiums,” said John O'Donnell, Partner of Main Street Lofts.

Madeline Prioreschi, Marketing Director for Capitol Places went on to say that the partnership further solidifies our dedication to make City Center a vibrant part of Columbia. “We’re very excited to be working with Main Street Lofts. The conversion of the Tapps building represented an important step toward bringing more luxury apartments to this fast growing neighborhood of Main Street. With a rooftop deck, loft design, and historic feel, they will be wonderful condominiums."

“With Capitol Places assuming the management and marketing of The Tapps building , we will offer current and future residents the higher standard of living that we strive to maintain in all of our properties,” says Chris Chessick, Director of Operations for Capitol Places. According to Chessick, that higher standard of living means not just living in an upscale residence, but also having entertainment, fine dining and shopping all within walking distance of your doorstep as well as no daily rush hour commutes.

Over the next several years, Capitol Places will continue to build and renovate in downtown Columbia with current plans to exceed 500 residencies. Currently, Capitol Places operates or has under construction 168 unique, city-center apartments, 47 condominiums and seventeen commercial spaces, each with its own distinct character and style.

Capitol Places was formed in 1998 to develop, rent and manage properties in downtown Columbia, South Carolina with a focus on historic buildings. After the successful renovation of some of Columbia’s most historic but vacant buildings, all on Main St., Capitol Places began developing and selling residential condominiums. The main office is located at 1217A Hampton Street.

Capitol Places is a proud recipient of the Ainsley Hall Award from the Historic Columbia Organization for outstanding corporate contribution in the promotion of the history of Columbia.

 

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For More Information: Please visit www.capitolplaces.com

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1530 Main Street
Columbia, SC 29201
Phone 803.779.5171    Fax 803.254.5681

***All information on website is subject to change***