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Port Royal Site to be Auctioned Off

Posted & filed under Local News.

Residents and town officials want to see the former 300 acre Port Royal site in Beaufort County turned into commercial and residential developments with a marina. The latest deal to sell the property fell through and will now be auctioned off by the state. Read more here.

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Growth and Rising Rents on King Street

Posted & filed under Local News.

For decades, small, locally-owned businesses have been the economic, and even social, cornerstones for dozens of small businesses in Charleston. Recently, King Street has started to see rapidly-rising rents as portions of the area continue to go through major redevelopment. Tenants have...

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SC Launches International Strategy and Trade Division

Posted & filed under Local News.

The S.C. Commerce Department has launched an International Strategy and Trade Division to better recruit international companies to the state. The new division expects to strengthen relationships overseas, expand global connectivity and create new trade opportunities for the state’s existing...

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Rise in Container Imports at Port of Charleston

Posted & filed under Local News.

Container imports at the Port of Charleston have been on the rise as more cargo is entering the US then leaving. The port unloaded over 74,000 containers in the month of August, while only loading approximately 60,000. As major global regions, including China (the top consumer of South Carolina...

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Controversial Shem Creek Project Breaks Ground Today

Posted & filed under Local News.

Greenville developer, AVTEX Commercial Properties, broke ground on a new 42,500 SF building with 234 parking spaces at 101 Coleman Blvd in Mount Pleasant. The controversial project has divided Mount Pleasant with some residents fearing what future development could occur in the town. According...

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Palmetto Railways' Plans Expansion

Posted & filed under Local News.

Palmetto Railways has submitted to US Army Corps of Engineering plans for two connections to existing rail networks. The purpose of the proposed project is to provide a modern intermodal hub that will serve the Port of Charleston. The 100-acre container yard would also provide rail and road...

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