What’s New at Arnold Companies

 
 
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First Four-Star hotel coming to columbia’s Vista

COLUMBIA, S.C., August 13, 2019 -  Plans for Hotel Anthem, Columbia’s newest hotel that will be constructed in the entertainment district, were approved today by the Board of Zoning Appeals.

This project, sponsored by the Arnold Family Corporation, will be unlike anything Columbia has seen to date. The design intent will be musically inspired, thematic and will enhance the overall lifestyle and energy in the Downtown Vista district.

The Vista has seen a lot of change since the late 1980s, when it was dubiously featured on the pages of National Geographic for its distinction as one of the worst urban environments in the nation. Now, 30+ years later it is a growing hub for a variety of entertainment options in the heart of Columbia. The Vista is adjacent to the State Capitol building, minutes from the University of South Carolina’s campus and resides on the shore of the Congaree River.  This area is now known as the heartbeat of downtown Columbia and its’ growth in popularity is helping shape the future of the Midlands. 

The addition of Hotel Anthem will certainly enhance the existing ambience within the Vista. The 11-story “Boutique Inspired” Hilton Tapestry Hotel will boast rooms that will be among the largest in overall square footage in the city.  

As the first four-star hotel in Columbia, Hotel Anthem will be designed as a full-service upscale hotel and feature 150 spacious high-tech rooms in conjunction with a rooftop bar and a terrace, a lobby level restaurant and bar along with an underground speakeasy featuring a variety of cuisines and a unique top-shelf drink menu.

In addition to contributing to the quality of life in the Columbia area, the $40 million investment in the hotel will create construction jobs in the short-term and service-related jobs and occupancy taxes in the long-term for the community. Hotel Anthem will create approximately 300 jobs during the construction of the hotel. Upon completion of the project, there will be approximately 125 permanent jobs for the residents of the Midlands. Based on the current tax structure it is anticipated that the hotel will pay $500,000 a year over the next 30 years in property taxes.

“I’m excited about bringing this project of this quality and scope to my hometown. Columbia will always be my home, a special place with fond memories of my childhood. The city and its’ residents have been very good to me and my family over the years.  I am very excited about the opportunity to continue to re-invest here, to work with Hilton to bring this to fruition and to support a growing Columbia,” said Ben Arnold, CEO of Arnold Companies. “I know this project, which is situated in an underdeveloped area in the heart of the Vista, will contribute to the economy, the tax base and the overall quality of life in downtown Columbia,” Arnold added. “It will help make the Vista an even more vibrant destination for locals and travelers alike.”

 The Vista Guild, Vista Commercial Property Owners Association and Vista Neighborhood Association all are in support of the project.

 “The Vista Neighborhood Association (VNA) feels that this is a project that will positively enhance the Vista,” said the VNA in a letter to the Board of Zoning Appeals. All three Vista organizations have expressed support for the project.

Ben went on to add, “I firmly believe Hotel Anthem will further enhance the Vista with the hopes that it will be the catalyst for future developments that will add even more jobs, continue contributing to the tax base and make the Vista an even better place than it already is for both visitors and residents of the Midlands.”

Construction on the hotel is scheduled to commence in the second quarter of 2020, with an anticipated completion scheduled near the end of December 2021.

The hotel will be built behind the existing Depot and will feature pedestrian plazas and walkways to enhance the experience and ease of access through the area.


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Arnold Companies announces plans to build residential tower at the corner of assembly and lady streets

COLUMBIA, S.C., September 12, 2019 -  The Arnold Companies, a Columbia-based commercial development firm, is pleased to announce plans to build the first new residential tower in the central business district located at the corner of Lady and Assembly Streets in downtown Columbia.   This block, which previously housed Moe Levy’s and Howards Sports, will be converted into 83 urban residences known as The Palms on Lady.

The Palms on Lady will be Columbia’s newest sought-after address, offering the ultimate in urban living with convenient access to the central business district, the University of South Carolina, the Vista and the Statehouse.  The Art Deco design of the exterior will serve as an enhancement to Columbia’s modern skyline. 

The Palms on Lady will boast first class amenities including concierge services, covered parking for residents, a state-of-the-art fitness center, a Luxor package room, tropical pool, business center, and a luxurious top floor club lounge with a covered balcony.  In addition, there will be 2,801 square feet for future restaurant/retail space on the ground floor of the building.

The Palms developer, Ben Arnold says, “This project will offer all the modern conveniences of urban living, but when the residents step inside they will feel as if they escaped for a weekend at a regal resort. I am excited and proud to bring this type of project to downtown.”

The Palms on Lady offers a variety of floor plans with studio, one and two bedrooms, ranging in size from 466 to 1,172 square feet, with 10’ ceilings on the top floor. Each home has contemporary finishes, modern designer flooring and lighting, quartz countertops and energy efficient appliances. The building boasts wide corridors and elevator access to all floors with designer décor in all common areas.  Construction is scheduled to begin in the second quarter of 2020.

The Palms on Lady is an Arnold Companies signature development.  MB Kahn is the construction company working in conjunction with Arnold Companies, as the developer and Cline Design Associates as the architect and design company. 


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new event space opening in the vista in former jillian’s Junction 800 to be 16,000 feet of flexible space for events

COLUMBIA, S.C., September 27, 2019 -The Arnold Companies announced today the opening of Junction 800, a multi-purpose event venue in the former Jillian’s space.

The 16,000 square foot facility will have open floor space for maximum flexibility allowing each event to be customized as needed. Southern Way Hospitality Group will be the managing entity and caterer for all events.

The venue will seat over 500 guests, and can serve up to 1,000 people for cocktail receptions.

“We’re very excited to add this venue to the options in Columbia,” said COO Shelly Little. “Junction 800 will fill a need for space downtown as Columbia continues to grow and expand. We are looking forward to adding a facility like this in one of the liveliest places in the heart of the Vista adjacent to the convention center, the University of South Carolina and what is soon to be the only four-star hotel, Hotel Anthem, in Columbia.”

Junction 800 will have a large expansive parking lot with over 100 spaces available with easy access to the venue.

“This large flexible space full of history is needed, and will be a great addition to venue options in Columbia,” Southern Way Vice President Jesse Bullard added. “It is a great location for weddings, galas and fundraisers and almost any event you could imagine. We’re so excited to start booking.”

Junction 800 will be available for events beginning November 1, 2019 and has already started filling the calendar with Fall 2019 clients.

“The Vista is truly becoming a destination for residents and tourists alike, enhancing the vibrant and growing lifestyle of activities in downtown Columbia,” said CEO Ben Arnold. “This event space is another piece that will add to the attraction and development of the Vista.”