WEST ASHLEY, S.C. (WCBD) — New life will soon come to the old J.C. Penney location at Citadel Mall.
The Medical University of South Carolina signed a lease to occupy the space in West Ashley.
The rent for the space will amount to totaling $37.5 million for the 15-year lease. MUSC signed the lease back in October.
We’re told the 126,000-square-foot facility spans multiple floors and will include surgical procedures as well as radiology and therapy. One floor will be dedicated to physician offices and exam rooms.
Renovations are expected to cost $32.9 million. MUSC will split costs with Trademark Properties, which purchased the space in August 2016.
The new facility is expected to open in 18 to 24 months and serve as a more convenient location for ambulatory and outpatient care.
Four years ago, MUSC began its transition away from centralized locations downtown Charleston and has been moving locations closer to the neighborhoods where patients live; this most recent move will put an MUSC location in Citadel Mall in Charleston.