Nexton Highlights 2023 Achievements, Reveals Anticipated Additions for 2024

SUMMERVILLE, S.C. – January 22, 2024 – Nexton, the most innovative and walkable community in South Carolina, reported a successful 2023 that includes the addition of cutting-edge commercial space as well as fresh amenities and housing options. As a new year begins, the community is poised for growth on all fronts, advancing its status as a national model for master-planned communities.

“Nexton’s tenth year was filled with accomplishments. From celebrating 2,800 total home sales to welcoming a multitude of high-quality new businesses and housing choices, it was truly a remarkable year,” said Nexton’s Senior Vice President, Development Brent Gibadlo. “Each new year presents countless opportunities for Nexton, and we are excited to continue this momentum as a forward-thinking master-planned community and thriving economic hub in 2024.”

COMMERCIAL
Nexton welcomed a collection of world-class retailers and commercial entities in 2023, including:

• The Hub at Nexton, developed by SL Shaw, added 88,000 square feet of office, retail, and restaurant space. It officially opened its doors in May, featuring local favorites such as The Co-Op and Derrington Dermatology.
• Brighton Court: Two additional multi-tenant buildings were added adjacent to Coastal Fertility, offering new medical office and retail options.
• Downtown Nexton: Sharbell Nexton LLC, the developer of Downtown Nexton, broke ground on Atelier Downtown Nexton office project in June and secured the first five tenants for the ground-floor retail in the Lofts Downtown Nexton apartments. Woodfield Development nears completion of The Ames, featuring 304 market rate apartments, and broke ground on The Radler, which includes 324 market-rate apartments.
• Serendipity Labs, an established brand of co-working and flexible office facilities, celebrated the grand opening of its second Charleston location in Nexton in May.
• The Pickle Bar: A new restaurant, retail and recreation concept that combines the growing popularity of pickleball with a bar and restaurant opened in November.
• Dayfield Park, new commercial properties featuring office space and residential options, as well as retail and service providers broke ground in September. Tenants include The Goddard School daycare, HYLO Fitness, GoDog, Stretch Zone and Pinnacle Bank.
• One Nexton, a Publix-anchored commercial center, broke ground with plans to include a bank and neighborhood-serving retail and dining.

RESIDENTIAL
Nexton continued to provide a variety residential offerings and amenities to cater to all lifestyles and preferences, including:

• 492 homes sold in four residential villages including Del Webb Charleston, North Creek Village, Brighton Park Village and Midtown.
• Nexton celebrated the 2,800 total home sale milestone.
• Brookfield Residential was added to the community’s builder program and introduced their new townhome collection.
• Builder Ashton Woods unveiled a new 55+ neighborhood of homes called Hammock Walk, featuring 100 villa-style homes in its first phase. The neighborhood celebrated the grand opening of its first homes and model home in December.

CIVIC
• Nexton Middle School, a new fifth through eighth grade Berkeley County middle school, broke ground in December with a planned opening in 2026.

AWARDS + ACCOLADES
Nexton received several national and regional accolades for demonstrating its commitment to forward-thinking design and innovation:

• Awarded the Grand Aurora Award in the category Residential Housing Community of the Year – Masterplan.
• Awarded the Multi-Housing News Excellence Award in the category Development & Design: Mixed-Use.
• Awarded a 2023 Best in American Living Award by The National Home Builders Design Committee for The Villas at Nexton in the category Single-Family Community For Rent.
• Recognized as #38 of the 50 top-selling master-planned communities in the U.S. by RCLCO Real Estate Advisors, based on year-end 2023 home sales.

LOOKING AHEAD
As Nexton closes another successful chapter, the community continues to set the industry standard for master-planned communities across the U.S. The following can be expected from the Nexton in 2024:

• Page’s Okra Grill opened in January 2024.
• Additional homebuilder, Stanley Martin will join the Nexton community as well as new with a new collection of townhomes and condos to Brighton Park. Existing builders are adding new floor plans to Nexton’s Midtown neighborhood.
• Brookfield Residential’s model townhome and first homes will open to the public in February.
• Del Webb Nexton will break ground on its expanded amenity package with the addition of indoor and outdoor pickleball courts, a large gymnasium and restaurant.
• Harris Teeter and Publix grocery stores will open.
• Dayfield Park, a new commercial property featuring office space and residential options, as well as retail and service providers, will open.
• Downtown Nexton: The first phase of the Lofts and Atelier Downtown Nexton will be completed in 2024.
• Berkeley County Park will open in the summer of 2024.

For media inquiries, email nexton@louhammond.com

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About Nexton
Nexton is owned by a subsidiary of North America Sekisui House, LLC (NASH), and is managed by Brookfield Properties as part of the Newland communities portfolio. These partners share a deep commitment to sustainable development practices and apply these core values to the vision, planning and development of their communities. Nexton is one of more than 20 communities this partnership manages together across the U.S. Recognized as the No.1 master-planned community in the U.S. by the National Association of Home Builders (NAHB), Nexton is currently one of the Top 30 best-selling communities in the nation. For more information, visit nexton.com.

About Brookfield Properties
Brookfield Properties is a leading global developer and operator of high-quality real estate assets. We are active in nearly all real estate sectors, including office, retail, multifamily, hospitality, and logistics, operating more than 800 properties and over 380 million square feet of real estate in gateway markets on behalf of Brookfield Asset Management, one of the largest asset managers in the world. With a focus on sustainability, a commitment to excellence, and the drive for relentless innovation in the planning, development, and management of buildings and their surroundings, Brookfield Properties is reimagining real estate from the ground up. For more information, visit www.brookfieldproperties.com.