Charleston SC Archives - Carolina Services Inc

Oct 16

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

By Jennifer Iverson 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…

Jan 15

How Good is the Job Market in Charleston, SC?

By Jennifer Iverson Charleston SC

Who doesn’t like a good deal? No one, right? A good deal means a good value, a favorable opportunity, a positive situation, a pleasing outcome. You’ve got all of those in Charleston, SC. A wonderfully livable city and plenty of good jobs in Charleston make this a very desirable area in 2020. Charleston is a Good Deal For the past five years, SmartAsset, a financial technology company, has published a study about “undervalued cities,” meaning that real estate property values…

Dec 30

Charleston, SC, an Undervalued but Not Underrated City

By Jennifer Iverson Charleston

The term “undervalued” sounds negative, but in a real estate or financial sense, being undervalued is a very good thing, meaning that real estate property has greater value than its cost. In other words, a good deal; a bargain. On top of that, Charleston is highly regarded as a great place to buy a home and a delightful place to live. For four years running, SmartAsset, a financial technology company, has published a study about undervalued cities. For the last two…

Sep 19

Charleston Office Market Positioned for Continued Growth in 2019

By Carolina Services Charleston Office Market

Charleston’s office market is poised for sustained growth through the rest of 2019 according to the latest Collier’s Research and Forecast Report. Vacancy rates will tighten as tenants compete for available office space until new buildings become available. The Charleston suburban markets will see a rapid growth this year and will gain new office space as developments are completed. There are currently 832,819 square feet of office buildings undergoing construction or renovation in the Charleston metropolitan area. Charleston’s Upper Peninsula is Booming…

Aug 21

Charleston Ranked No. 1 U.S. City for the 7th Straight Year by Travel + Leisure

By Carolina Services Charleston SC, Tourism

Charleston has been ranked once again by Travel + Leisure readers as the number one U.S. city for the seventh year in a row. Charleston ranked 12th on the magazine’s list of 15 best cities in the world, one of just two U.S. cities to make the “World’s Best” award list. Furthermore, Charleston ranked at 10th last year and #1 in 2016 on the world rankings list. The magazine’s editor-in-chief, Jacqui Gifford said of Charleston’s showing, “it’s been exciting to…

Jan 28

89 Percent of New South Carolina Residents from Out of State

By Carolina Services SC

South Carolina continues to grow at a fast pace and is the 9th-fastest-growing state in the country. A flood of new residents, mostly from out of state, continue to move here. The population for the Palmetto State has nearly doubled since 1970 according to new U.S. Census Bureau estimates. This growth is due to new residents moving here rather than an increased birth rate. Nevada and Idaho were the fastest-growing states in the country with a 2.1 percent growth between…

Jan 08

Demand is Strong for Office Space in Charleston

By Carolina Services Charleston, Charleston SC, commercial construction, commercial development, commercial real estate, Commercial Space

The growth in the number of people who live and work in the area has increased demand for office space in Charleston according to research done by Marcus & Millichap, a California-based commercial real estate brokerage and research company. New business headquarters and centers are interested in renting office space in Charleston as a result of increased employment and population gains in the Lowcountry. Charleston Employment and Vacancy Rates Charleston increased total employment by 1.5 percent since last year with…

Oct 17

Sgt. Jasper Apartments Finally Breaks Ground

Sergeant JasperApartments Finally Breaks Ground

By Carolina Services Charleston SC, commercial construction, commercial development

Developers finally broke ground recently to build a 12-story 219-unit multifamily housing and commercial complex at the former Sergeant Jasper site on Broad Street in Charleston. Construction of the multimillion-dollar buildings, called The Jasper, should be completed by 2020. The Beach Co. is the developer of the upscale project near Colonial Lake. The large commercial building is one of the largest buildings the city’s Board of Architectural Review (BAR) has ever approved. The space will include 25,000 square feet of…

Aug 15

Housing Development Plans Approved in Tri-County Area for up to 267,000 More People

By Carolina Services Charleston SC, Construction

New housing development approvals will allow 105,000 new homes with the capacity to house 267,000 more people in the Charleston, Berkeley, and Dorchester counties. Experts predict that this will push the number of people living in the tri-county area to over 1 million people. The Post & Courier examined the number of homes approved for new construction in the metropolitan area by gathering information from local governments and reviewing development agreements. The new housing construction will economically benefit the area…

Jul 30

South Carolina in Top Ten Most Popular Places for New Residents

By Carolina Services Charleston SC, Economic Growth, SC

South Carolina continues to attract new residents, remaining in the top 10 most popular places to move and settle. As of 2017 the state ranks at number 7, a drop of two spots from the previous 12 months according to United Van Lines annual survey of inbound relocations. Who is Moving to South Carolina? United Van Lines said that 57 percent of their customers in South Carolina are new residents. This puts our state in the nation’s top destinations for…