Real Estate Development Outlook – North and South Carolina – Carolina Business Review
North and South Carolina are booming when it comes to commercial and residential development. As a relative newcomer here in the Upstate, it’s incredible to see the amount of investment companies are making to expand their operations or to establish and build new facilities in South Carolina. Many people are just picking up and moving here as well regardless of their employment situation. The growth here was happening before Covid, but now seems to be accelerating.
The Carolina Business Review is an excellent show produced by PBS and covers business, development and public policy affecting North and South Carolina. The video provided below is a good episode interviewing several individuals involved in various aspects of development in the Carolinas. It is a very bullish outlook and it does seem that bullishness prevails throughout the region. Areas that might cause a hiccup in the outlook include lack of skilled labor, materials cost / supply and the inability or unwillingness of local juristictions to either keep up or get ahead when it comes to infrastructure – roads, bridges, water, sewer, schools etc.
Host: Chris William
Guests include: Pat Rodgers, Rodgers Builders, Inc; Andy Andrews of Dominion Realty Partners, LLC; Dale Stigamier of LCK; Morris Lyles from SC Realtors
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.