January in the Lowcountry

Posted By Kim Conger @ Jan 1st 2018 9:00pm In: Real Estate

2017 Real Estate Statistics

2017 will likely be the busiest year ever for Charleston real estate with close to 18k transactions. This post will be updated with the final numbers. The most current statistics can be found here. Reports are updated towards the middle of the month.

Lowcountry Businesses in the News

Around town, Thermo King, a temperature control and refrigeration systems manufacturer will open a manufacturing operation in Berkeley Co. to supply the new Mercedes Sprinter van being built at the new Mercedes plant. Mass hiring for the expanding Mercedes plant is slated for 2018. The new generation Sprinter vans debut in 2020.

Cypress Creek Renewables is building a $115M, 75- megawatt solar facility in Orangeburg County.

CARTA has installed a bus shelter at the airport to handle the ever increasing passenger load. The shelter which has seating and solar power will have express runs to the Visitors Center bus shed downtown and a Dorchester Road route.

Catawba Brewing has purchased SC’s first craft brewery, Palmetto Brewing Co.

Deytens Shipyard, a North Charleston ship repair company, has received the job of servicing the USNS Big Horn, a fleet replenishment oiler from the Navy. The contract is worth $7.8M.

Heatworks will create 60 jobs when it moves its tankless water heater facility to a larger plant in Mt Pleasant.

The Low Line is moving closer to reality. The plan is to purchase the land by 2017’s end and use the abandoned rail lines below I-26 as a 1.7- mile paved trail from Courtland Avenue to Woolfe Street.

Awards, Accolades and More. . .

Welcomemat Services has ranked Mt Pleasant the sixth best place for small businesses of the 375 neighborhoods it researched and scored. They looked at income, age, business density, workability and school district quality.

Folly Beach got a boost from a recent Trip Advisor poll. The local spot was named to the Most Charming East Coast Beach Vacations list.

In education news, the SC Dept of Commerce has established a $2M aerospace endowment at USC’s College of Engineering and Computing. The endowment is set up to enhance the College’s partnership with Boeing. CofC has received a grant to fund the Annual Charleston STEM Festival and to increase STEM education in the region.

January Events

4: Travis Tritt, Chas Music Hall
5: Henry Rollins, Chas Music Hall
5,6: Charleston Symphony Orchestra’s (CSO) Brahms’ Symphony #2, Gaillard
7: Chamber Music with violinist Karen Kim, Dock Street Theatre
9: River Dance 20th Anniversary World Tour, Gaillard
10-21: Charleston Restaurant Week
10,11: Charleston Health and Wellness Expo, Gaillard
12: Charleston Magic Parlor Dinner Theatre, 82 Queen
13,14: Beginner’s Beekeeping course, Gazes Auditorium MUSC
17: Dr Strangelove, Chas Music Hall
18: Nnenna Freelon, Chas Music Hall
18-21: Charleston Jazz Festival
18: CSO Gershwin and Bernstein Take New York, Gaillard
19: The 5 Browns, Gaillard
23: They Might be Giants, Chas Music Hall
23,24: Shen Yun, N Chas PAC
25: A Clockwork Orange, Chas Music Hall
25: Pink Martini, Gaillard
26: Del McCoury Band, Chas Music Hall
26: A Night in the Valley, 15th Annual Dinner and Auction, Trident Tech Culinary Institute
27: John Mulaney-Kid Gorgeous, Gaillard
28: Charleston Trees Oyster Roast, Lowndes Grove
28: Cabaret, Gaillard
28: Lowcountry Oyster Festival, Boone Hall
31: The Shining, Chas Music Hall