Stay updated with breaking news from Jana koebrick. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
After 27 years of continuous local ownership, an iconic downtown hotel and its signature restaurant have been sold. The Planters Inn and its Peninsula Grill at Market and Meeting streets are now under the ownership of Northwood Investors, a privately held real estate investment and management firm. The deal was finalized Thursday. The sale price was not disclosed. Former investment banker and Charleston native Hank Holliday has owned the property for nearly three decades. He led its restoration, founded the Peninsula Grill and helped to transform the City Market area. In recent years, Holliday has downsized. In 2015, he sold the ground lease to the nearby DoubleTree Hotel, which in July was reopened after a full makeover as the boutique concept Emeline, to an Ohio real estate firm for an undisclosed price. That deal included Hank s Seafood restaurant on Hayne Street. ....