Monthly Archives: June 2014

New Store Coming to King Street

Vineyard Vines, a store for the preppy set, will open its first SC store this fall at 275 King Street.  Abigail Darlington of The Post and Courier has the announcement.

Marina in Mt. Pleasant Sold

Magwood Marina, an 80-slip dry stack marina in Mt. Pleasant at Shem Creek, was sold recently, according to our friends at SCREnews.com.

More Jobs, Jobs, Jobs – 25,000 More over 5 years projected

The Post and Courier’s Tryone Richardson reports the Charleston Chamber of Commerce predicts the CHS region will add 25,000 more jobs over the next 5 years, or about 8% more than our current base of some 300,000.  (I bet the growth will be more than 25k).

Time To Trade In – CHS Is Getting a Rolls Royce Dealer!

Buick, GMC, Cadillac, and now Rolls Royce, will be part of the Baker Motor Co. family, one of 39 dealerships nationwide that fly the RR flag, and this one will be on Savannah Highway.  The Post Courier has the announcement.

Warehouse To Hire 60 with $1.2M Investment in Summerville

According to The Post and Courier, Coastal Logistics Group, a 3PL, has opened a 200,000SF facility in Summerville with 30 new hires and 30 more planned.

Ripple Effects of Boeing Bonuses A Multiplier to CHS Economy

Car and Boat Dealers Beware – Last week, Boeing handed out another bonus to its production workers equal to about 8% of their annual pay, as well as flat $2,500 bonuses to its white-collar employees here, per a recent article in The Post and Courier.

CHS Is A Leader in International Jobs

According to a recent study of the top 100 U.S. metro areas, CHS ranks at #9 at our proportion of international jobs (7.2%) versus the national average of 5%.  And the study was based on jobs as of three years ago; no doubt it is higher today.  John McDermott of The Post and Courier has the story.

Another Cold Storage Warehouse User Announced for CHS

For the second time this month, a large cold storage refrigerated warehouse user has been announced for the CHS region.  This time, Agro Merchants Group announced it has leased the former Pigg distribution center in Summerville for importers and exporters of meat and other fresh foods.  The 121,000 SF will be open for business in August after improvements of $8M.  They are also hiring 55 to 70 new workers.  This news is on the heels of Lineage Logistics announcing last week it will build a new cold storage warehouse in Palmetto Commerce Park.  The Post and Courier’s John McDermott has the full story.

State Ports Authority Approves $114M Capital Spending Plan

SPA, the State Ports Authority, approved a new $113.5M capital spending plan for the coming year in a continued effort to attract, longer and heavier vessels calling on CHS, including wharf improvements, new container cranes, and a $20M new terminal building on the old Navy Base in N CHS.   SPA forecasts about a 3.4% increase in container traffic in the coming hear and a nearly 10% increase in noncontainerized condo.  They also reported another (now seven) customers using the new Upstate Inland Port in Greer.  The Post and Courier’s Tyrone Richardson has the story.

JetBlue Adds Washington DC Route – And Fares Drop

Hello DC!  JetBlue, which started service in early 2013 out of CHS, has added Reagan National airport as a route with two flights a day.  Fares this week were $652 on a competitor; next week’s fares start at $278.  And you can watch live TV in the air!  Warren Wise has the story from The Post and Courier.