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Boeing Fever Hits Charleston

Nov 12, 2009 • By Places Real Estate • 0 Comments

After Boeing announced it will locate its second Dreamliner facility in Charleston, SC, local businesses, investors, and landowners have taken the news as an opportunity for future business, strategic investment timing, and inflated land prices for ancillary industrial, residential, hospitality, and retail uses close to the planned facility.  While there is good cause for cheer among the locals, it will not be a gravy train for EVERYONE.

Politicians have not been absent from the fever, and rightly so as the state’s financing packages and the state’s right to work laws are what swayed Boeing’s decision to the Lowcountry.  State House Speaker Bobby Harrell calls it the biggest economic development announcement in a decade. “Today’s announcement declares to the global business community that South Carolina is back in the game and open for business,” he says. “We want you to come to our state.”

Keep an eye out for complementary businesses coming to the marketplace and eye toward the skies for Boeing’s newest landing in Charleston.

Categories also posted in: Charleston, Commercial, Housing Market, Land, Real Estate, South Carolina




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