A ship that passed through the newly expanded Panama Canal has made it to Charleston, an 8,500 TEU vessel named the Hanover Bridge. According to the Ports Authority CEO, “We look forward to seeing this larger class of vessels more frequently in our harbor, which offers the depth and capacity...
Charleston's Planning Commission voted 5-2 against a new overlay district allowing the St. Jasper site to be primarily residential instead of mostly commercial. Read more here about the proposed overlay district here.
Publix Super Markets announces addition of first downtown peninsula location at the WestEdge Development in Charleston. The 45,800 SF store is expected to open in 2018 and will offer the full array of services. Read more here
With 11 mega developments approved in the Charleston metro area, imagine the effects on commercial real estate.... 11 locations, 78,000 homes, 200,000 people. Read more here.
Southend Brewery is set to become Lagunitas TapRoom & Beer Sanctuary, which will offer small batch beers brewed in the existing 10-barrel brewhouse. According to their website, the new TapRoom will make available the two floors of event space to local non-profits for their fundraising efforts.
The Terrace Plaza, home to James Island's Terrace Theatre, has been sold for $3.7M as an investment to a NY-based firm. The 20,000 SF center is home to Zia Taqueria, Crust Wood Fired Pizza, Studio Barre and How Art Thou. No changes currently planned for the center. Learn more here.
Charleston-based PeopleMatter announced today that it was being acquired by Virginia-based Snagajob. Snagajob connects hourly workers with businesses, while PeopleMatter provides employers with software that assists in hiring, training and scheduling. Seems like a perfect fit! Read more here.
Will Phillips' client, Charleston-based Critical Solutions International, was awarded a $33M contract to manufacture and supply 500 explosive systems to the Iraqi army to enable Iraqi soldiers to "effectively create safe passages through known and suspected danger areas and obstacles". Read more...
Although the buyer of the Ports Authority headquarters on Concord Street is not disclosing plans for the property, they have requested a rezoning to make the building taller. The new zoning would allow for construction of a rooftop feature, while adding a public space (ie; green space, park, vendor...
Calhoun County is picking up another 30 jobs with the third expansion of the Southeast Frozen Foods facility in Gaston. Overall the company has invested $20 million and created more than 100 jobs. Current expansion plans will grow the facility to over 200,000 SF.
Viva Holdings, a rubber manufacturer, plans to renovate a 177,000 SF industrial property in St. Stephen, creating up to 200 new jobs. Products manufactured will be sold in the US and exported to China. Learn more here.
Blackbaud was named to Forbes' 25 Fastest Growing Public Tech Companies list for 2016. The list evaluates the past three years of revenue growth, projected growth, and solid earnings quality score. The company has over 35,000 clients and its software is designed to support nonprofits'...
The owner of RiverTowne Country Club and Snee Farm Country Club purchased Dunes West Golf & River Club for $5.5M. The new owner plans to enhance memberships at all three clubs. Read more here.
The SC Department of Transportation has chosen a joint venture company, Fluor-Lane South Carolina, to build the new Port Access Road in North Charleston, connecting I-26 to the planned Hugh K. Leatherman Sr Terminal. The project will cost $220.7 million and will create a new interchange on I-26...
South Carolina has over 40 brewery locations throughout the state, occupying more than 200,000 SF. Breweries normally seek out smaller, older spaces with lower rents, while brewpubs are looking for visibility and high traffic counts. Softening legislation is helping more entrepreneurs enter the...
