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new construction

New Construction, Remodeling, or Renovation: Which Is Right For You?

By Uncategorized

The average person often uses the terms “new construction”, “renovating”, and “remodeling” interchangeably. But did you know that they have very different meanings when you’re talking to professional contractors? What’s the difference between each type of project, and which category does your next project fall under? Let Carolina Services, Inc. answer your questions: New Construction With a new construction project, you’re typically starting from nothing to create a new, original space perfectly tailored to your needs. It may seem like…

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CharlesCharleston, South Carolina, USA historic French Quarter skyline.otn South

Charleston’s Historic Optimism Shows in New Building Projects

By Charleston, Charleston Office Market, Charleston SC, Commercial Space, Construction, Economic Growth

The past year has been anything but ordinary for the country and the residents of South Carolina. But, that doesn’t mean progress has come to a halt. In fact, many new building projects have been announced in the past year, including some exciting commercial space expansions. One such project in the downtown Charleston area is well underway.  Office & Retail Project in Progress – 741 Meeting Street A project at 741 Meeting Street has broken ground and will bring plenty of new…

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Construction Starts on $54M Charleston Tech Center

Construction Starts on $54M Charleston Tech Center

By Charleston SC, commercial construction, Construction

Construction recently started on the Charleston Tech Center. The architecturally modern six-story office building will be located on the upper peninsula of Charleston, SC.  The Charleston Tech Center (CTC) has been in the planning stages for the last five years and finally got the go-ahead by Charleston City Council to break ground under the new federal Opportunity Zones program.  Construction of the long-awaited Charleston Tech Center will be a 92,000 square foot structure of tech-focused office space on Morrison Drive,…

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Vacancy Rates Go Up with New Construction of Office Buildings

Vacancy Rates Go Up with New Construction of Office Buildings

By Charleston SC, commercial construction, Commercial Space, Construction, Economic Growth, Uncategorized

As demand for new construction continues to grow in the Charleston market, vacancy rates continue to rise according to Colliers International Research & Forecast Q4 2018 Report.  The expectation is that the vacancy rate will continue this trend into the first few quarters of 2019.  This vacancy rate is on the rise primarily due to 11 new office buildings delivered in 2018, totaling 433,024 square feet of new construction. The Charleston office market has a total of 13,185,388 square feet…

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