Bottom line
Key takeaway: The owners of Shore, a St. Armands Circle restaurant and retail store heavily damaged from storms in 2024, are looking to rebuild — bigger and taller — in a new location.
Core challenge: The project will need to comply with a FEMA rule that states if repairs or improvements to a building in a flood zone cost 50% or more of its pre-damage/pre-improvement market value, then the entire structure must be elevated and brought up to current flood-resistant construction standards — like new buildings…