Public hearing set for $60M Forest Acres development

cardinal newman

 

The Beach Co. plans to bring nearly 300 apartments and 52,000 square feet of commercial use to former Cardinal Newman campus. The proposed $60 million project has drawn the ire of some residents who believe traffic would only get worse along the already-busy Forest Drive.

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Demand for warehouse space drives industrial real estate market

The Columbia Industrial market saw positive absorption in all four quarters in 2015, NAI Avant said in its recent report. Vacancy rates shrank to 10% by Dec. 31 while net absorption spiked at 257,643 square feet in the fourth quarter.  Read More...

State workforce board OKs $200,000 for apprenticeship initiative

apprenticeshipThe initiative aims to provide more training and employment opportunities for “priority” populations such as individuals with disabilities, ex-offenders, youth and others, according to the S.C. Department of Employment and Workforce.  Read More...

City of Columbia launches small business recovery loan program

The program aims to help small businesses that have suffered losses caused by October’s historic floods that are not covered by other insurance. Interest-free loans of up to $10,000 can be used for inventory, equipment, clean-up and repair, payroll, and working capital. Read More...

S.C. business recruitment effort tops $4.2B in capital investment

The S.C. Department of Commerce reported the Palmetto State landed 150 economic development projects in 2015, resulting in more than 17,280 new jobs. Foreign-based companies accounted for 56% of capital investment recruited last year and 37% of new jobs, the department added.  Read More...


Renown insurance expert to join Moore School faculty

bob_hartwig2Robert Hartwig has announced plans to step down as president of the Insurance Information Institute and teach courses in risk management, insurance and corporate finance at the University of South Carolina’s Darla Moore School of Business. He also will become co-director of the Moore School’s Risk and Uncertainty Management Center. Read More...

Army re-ups for clinic space in northeast Columbia

The Moncrief Medical Home, a unit of the Army hospital at Fort Jackson, occupies more than 11,220 square feet at Pinnacle Point Business Park, a three-building campus near the intersection of Farrow Road and I-77.  Read More...