Greenville County Sees Record Capital Investment in 2020 Despite Covid-19
I think we can mark Greenville County as one of the beneficiaries of the changes sweeping across the country given the Covid-19 pandemic.
Greenville County saw a record capital investment commitment of $631 million in 2020 according to the Greenville Area Development Corporation (GADC). This blew away the previous record of $476 million in 2014. The investment is coming from a broad range of companies in various industries. The biggest investments are coming from manufacturing and distribution which remains huge here in the Upstate. But we are also seeing other investments starting to percolate from other industries such as information technology.
It’s becoming increasingly clear that Greenville, SC is going to be hitting a lot of peoples’ radars over the next decade. It certainly has come a long way but it’s time to shine is here.
I know people get tired of growth of Greenville, but you are either growing or dying. You can’t have it both ways. Greenville stands to benefit both in terms of manufacturing growth but also in the transition to work from home (WFH). The area is beautiful. The weather is better than much of the rest of the U.S. Cost of living is still relatively low and there are lots of amenities…shopping, the arts, sports etc. I think the schools are still seen as a bit of a weakness but they are working on that. There are plenty of private school options in the area as well. Living here so close to the mountains and just 3.5 hours drive to the beach…it’s just a great place to be…and many others are coming to find that as well.
If you’re thinking of moving here, don’t hesitate to reach out. I’d be happy to talk. If you want to look for homes, please check out my site at GVLHomesandLand. — John Murphy, Broker Associate, eXp Realty 864-276-1448.
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About The Author
John Murphy
Husband of 34 years to my college sweetheart, Janet Murphy (@janetmurphydesign on Instagram). Together we have 6 wonderful children from ages 15-31 and 5 grandchildren. I’ve been a licensed REALTOR since 2003 and broker since 2007. I also am a cost segregation specialist helping building owners and real estate investors maximize their tax deductions, save thousands on their income taxes and increase their cash flow. If you’re a building owner you probably haven’t done a study…let’s connect. There is no obligation. We can run an estimate for you and really every building should be evaluated if the basis is over $150,000. I can work all over the country and not just here in the Upstate. We relocated to Greenville, SC for the lifestyle, lower cost of living, amazing amenities in the area and the growth opportunity for business and real estate. We absolutely love it here!
All opinions are expressly my own and do not represent either eXp Realty LLC, Cost Segregation Services, Inc. or any other company, organization or group that I might be affiliated with.