Monthly Archives: May 2014
Wal-Mart has announced plans to build two new Neighborhood Markets, its 40k SF grocery store, in Orangeburg, as part of its push to add nearly 300 Neighborhood Market stores nationwide by the end of 2014, nearly doubling the current inventory of stores in the U.S. There are no such stores in CHS and only a handful in the state – in Greenville, Greer in the Upstate, one in Columbia and one in Myrtle Beach. Here is the story from Orangeburg area’s The Times and Democrat newspaper.
U.S. Economy Nearly Back to Par (2008), assuming par was reality… From the US Bureau of Labor Statistics, and a presentation from Arizona State University’s Annual Economic Outlook, as reported by Craig Coppola, Lee & Associates in Phoenix.
And not shown, is 9 of the top 10 states leading the job growth (in % terms) are west of the Mississippi, with only Florida to the east. #1 – North Dakota, then Utah, then California, Colorado, Texas, Nevada, Idaho, Florida (#8), Washington state and Arizona. And 8 of the top 10 large (>1M) metro areas (% growth from 2012 to 2013) were out West – Riverside, SFO, Denver, Houston, Orlando, Seattle, Phoenix, Dallas, LA and Miami.
One of CHS’ biggest competitors, the Port of Savannah is adding 24 new cranes at a cost of $86.5M to move containers on and off ships and to transport cargo at their busy Garden City terminal. The Associated Press has the article as printed in The Post and Courier.
Following on the news of Bass Pro Shops coming to N CHS, Gander Mountain is coming too, taking the dark 40,000sf former Marshall’s space at Promeande at Northwoods, across from Northwoods Mall. This will be Gander’s first store in SC. Abigail Darlington of The Post and Courier has the story.
The Post and Courier announced the recent groundbreaking for a new 41-room boutique hotel, The Spectator Hotel, in the Historic District. The $16M project is at 67 State Street and owned by the same group that owns the French Quarter Inn and The Harbourview Inn downtown.
A mixed-use development, Sweetwater, that will include 324 apartments, single-family homes by Eastwood Homes, and an inn as well as a restaurant and water amenities all on a 46-acre site, is planned to start this Fall for the former Rebellion Farms estate off Clements Ferry Road in the Wando area north of I-526 and Daniel Island. Kassinger Development Group is developer. Tyrone Richardson of The Post and Courier has the story.
The Ohio-based gourmet ice cream shop, Jeni’s Splendid Ice Creams, will open soon with its first SC store, at 499 King Street. Abigail Darlington of The Post and Courier has the story.
Abigail Darlington brings us the groundbreaking story of the re-development by Ed Navarro and Grove Property Fund of the closed KMart in Mt. Pleasant that will include a Nordstrom Rack and a Dick’s Sporting Goods store among some other top-shelf names we suspect.
The expansion, renovation and modernization of the CHS International Airport is now up to over $200M. Warren Wise of The Post and Courier has the op-ed story on the airport’s makeover now set for completion in September 2015.
With a 3.4% growth, ranking it 95th in the nation, Berkeley County, delivered an estimated 2,472 homes in a little over four years, according to the U.S. Census Bureau. To the south, Jasper County ranked at #98, but with a much smaller base. The Post and Courier’s Tyrone Richardson has the brief story.