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Dunes West Golf Club Sold for $5.5M

Posted & filed under Local News.

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.

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SCDOT Selects Company to Build New Port Access Road

Posted & filed under Local News.

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...

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SC Commerce Dept Launches Tech Website

Posted & filed under Real Estate Tech.

The SC Commerce Department created a new website, www.scinnovationhub.com, as a platform for entrepreneurs and tech-related businesses to access resources, connect with one another, post news stories and job listings, and event information.

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SC Brewery Scene Continues Momentum

Posted & filed under Local News.

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...

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Summit Contracting to Begin $20.5M Apartment Construction

Posted & filed under Local News.

Summit Contracting was awarded a $20.5M contract to begin construction on Proximity Drive, a mixed use apartment community in West Ashley off Bees Ferry. They will start construction this month and are expected to be completed in May 2017. Read more here about the size of the project.

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United Community Bank Acquires Tidelands Bancshares

Posted & filed under Local News.

Tidelands Bank, headquartered in Mt. Pleasant, is set to be acquired by United Community Banks, which will enhance United's position in strategic growth markets in coastal South Carolina. The Boards on both companies unanimously approved the acquisition and is expected to close near the end of 2016...

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SC Moving Forward on Rail Access to New Volvo Facility

Posted & filed under Local News.

South Carolina agencies are beginning to move forward with plans to add 20 miles of railway between the new Volvo site and the existing railroad near Santee Cooper's Cross Generating Station. Completion is expected in the second quarter of 2019, but must first pass community approval.Read more here.

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