Isle of Palms Marina Restaurant

Milestone timeline:

City Council approved a contract with Hill Construction to conduct an assessment of the restaurant building
Completed: Nov 27, 2018
Nov 27 2018
City Council approved a contract with Lee & Associates to assist and advise the City through the Request for Proposals process for the Isle of Palms Marina restaurant lease
Completed: Apr 24, 2019
Apr 24 2019
Hill Construction presents building assessment report to the Real Property Committee
Completed: May 1, 2019
May 1 2019
City advertises a Call for Offers to seek proposals to lease the marina restaurant building and dock space
Completed: Jun 12, 2019
Jun 12 2019
Deadline for submission of proposals. The City received three (3) proposals
Completed: Aug 30, 2019
Aug 30 2019
City Council holds a Special City Council meeting to allow a public presentation of the three (3) proposals received
Completed: Sep 26, 2019
Sep 26 2019
City Council voted for the City to enter into exclusive negotiations with the IOP Families Group (Lorenz & Bushnell) and begin the due diligence period
Completed: Dec 10, 2019
Dec 10 2019
City grants extension request to the restaurant's due diligence period
Completed: Apr 1, 2020
Apr 1 2020
City Council engaged Haynsworth Sinkler Boyd as real estate attorneys to assist in the development of the new marina restaurant lease document
Completed: Jul 27, 2020
Jul 27 2020
City presented the first draft of the lease to the IOP Families Group for their review
Completed: Aug 21, 2020
Aug 21 2020
IOP Families Group returns draft lease agreement with comments and revisions for City's consideration
Completed: Sep 8, 2020
Sep 8 2020
City reviews comments from IOP Families and presents revised version of lease agreement to the restaurant group
Completed: Sep 21, 2020
Sep 21 2020
City staff and IOP Families Group along with the respective attorneys meet to discuss revisions to the second draft of lease agreement
Completed: Sep 29, 2020
Sep 29 2020
IOP Families to return final lease agreement document to the City by Thursday, October 1, 2020
Completed: Oct 1, 2020
Oct 1 2020
City Council unanimously approves lease agreement with the IOP Families Group
Completed: Oct 27, 2020
Oct 27 2020
City Council holds a Special Meeting to further discuss the proposed lease with the IOP Families Group
Completed: Nov 3, 2020
Nov 3, 2020
City Council holds a Special Council meeting approves second reading of proposed lease with IOP Families Group
Completed: Nov 10, 2020
Nov 10 2020
City executes lease agreement with IOP Families Group
Completed: Nov 12, 2020
Nov 12 2020
IOP Families Group presents a Special Exception request to the Board of Zoning Appeals to serve outdoor food and beverages. BOZA grants exception.
Completed: Jan 5, 2021
Jan 5 2021
City Council approves the design of the Restaurant
Completed: Feb 23, 2021
Feb 23 2021
Restaurant Tenants submit plans and specifications to the Building Department to obtain construction permit
Completed: Apr 29, 2021
April 21 2021
Interior demolition complete
Completed: May 4, 2021
May 4, 2021
Building Department issues construction permit
Completed: May 7, 2021
May 7 2021
Stay up to date with the building renovation under "Project Updates" below
Jun 8 2021

The City of Isle of Palms owns the Isle of Palms Marina located on 80 41st Avenue. The site includes a waterfront restaurant on the Intracoastal Waterway, one of the best breathtaking public restaurant sites in the Lowcountry. The restaurant site includes a dedicated dock space along the Intracoastal Waterway and is adjacent to the Isle of Palms Marina and Market Store. 

The City is eager to welcome a partner to create a family friendly restaurant for residents and visitors to enjoy. 

After a comprehensive negotiation process, City Council approved a lease with the IOP Families Group, "Marker 116 LLC" for the operation of the IOP Marina Restaurant. The new tenants will renovate the building and plan to open a new restaurant early 2022.