The Charleston market is exploding with fast growth and population expansion — and for understandable reasons. With beaches in close proximity, the rich historical culture of the South and unmatched quality of life, it’s no wonder why so many people and businesses want to be in the area.
Charleston stands ready with a workforce of over 500,000, including young, skilled and seasoned employees. Plus, more than 40,000 students are enrolled in 24 colleges, universities and technical schools that are located within easy reach.
A number of surrounding, established towns —as well as new master-planned residential communities — support this growth and provide plenty of room to grow.
The number of housing permits in the Charleston Region has increased from 2,949 permits in 2009 to 7,267 permits in 2017
Nexton is a 4,500 mixed-use development with a planned 6,500 homes just 10 minutes from Camp Hall. It already has several hundred homes, as well as hotels, office buildings, recreation space, walking paths, an elementary school and a grocery story.
The Charleston region has the 16th best economy in the nation, and strong population increases will support future growth, according to Milken Institute (Jan. 2019). Some 23 newcomers move to the region each day.
The Charleston regional labor force has grown 10.1%, 2012-2017.
More than $2.7 billion earmarked for road improvement projects around Charleston region,: major Berkeley projects include widening I-26 and improving Jedburg Road interchange, widening SC Hwy 176 at Cane Bay Boulevard and widening Henry Brown Blvd.
The Charleston region’s well-established infrastructure, including railways and the Port, make it popular for export-oriented industries, according to Milken Institute (Jan. 2019).
Several new hospitals are in the works for Berkeley County: Roper St. Francis, 50-bed hospital near Carnes Crossroads; Trident Health, 50-bed acute-care hospital in Moncks Corner; MUSC, 128-bed hospital in Nexton; MUSC, freestanding emergency department, Berkeley County; MUSC/Roper, 43-bed rehabilitation hospital, Carnes Crossroads.