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$385M MUSC Children's Hospital Breaks Ground

Posted & filed under Local News.

The new MUSC women's and children's hospital broke ground this week and is expected to open in 2019. The hospital will be named after Shawn Jenkins, founder and CEO of Benefitfocus, who donated $25M toward the new hospital. MUSC President said of the hospital, "“Imagine what’s going to rise...

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Data-Derived Offices Are Changing the Way We Work

Posted & filed under Real Estate Tech.

"People just want to be able to be effective. Nobody likes going to work and being ineffective." Technology and data are allowing work spaces to change with the needs of employees, allowing them to dictate everything from traffic patterns, shared spaces, and room temperature. Read more here about...

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Charleston's CrowdReach Tech Company Expanding

Posted & filed under Real Estate Tech.

Charleston-based CrowdReach, a communications platform for small businesses, is growing out of its current location and expanding into a 3,500 SF space in 2017. The company launched in May of this year and already plans to hire 20 additional employees. Read more about their product here.

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Charleston Metro Records Largest Gain in Construction Workers

Posted & filed under Local News.

The Charleston MSA added 1,000 construction workers in the past 12 months, the largest percentage increase in South Carolina, up 6%. Officials of the Associated General Contractors of America say despite the current increases, "construction employment [is] becoming less widespread as more...

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CRE Thriving as SC's Economy Outpaces Nation

Posted & filed under Local News.

Anchored by Charleston and the upstate, South Carolina is projected to see a 3.6% economic growth this year, compared to the nation's 1.4% growth. Manufacturers' and distributors' demand for industrial and warehouse space is being propelled by the widening of the Panama Canal. Rents are...

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Developers of Laurel Island to Study City's Needs

Posted & filed under Local News.

The developers of the new Lorelei project on Laurel Island (near Romney St & Morrison Dr) are studying the needs of the city before they determine what to build on the former 160 acre landfill. It will most likely be a combination of retail, office, restaurants, hotel, meeting space...

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First Ship from Expanded Panama Canal Marks Milestone

Posted & filed under Local News.

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...

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Southend Brewery to Become Lagunitas TapRoom & Beer Sanctuary

Posted & filed under Local News.

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.

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