Monday, September 10, 2007

SC World Trade Center Update

Wow! There has never been a better time to be a Charlestonian! I love it!

"Mark Condon, former director of the S.C. World Trade Center, promised the local importing and exporting community that it wouldn’t be losing him when he accepted a new position with a development firm last year. Now it turns out that the firm, Trade Center Development Corp., is joining Condon here. It announced Aug. 24 that it is moving its headquarters from Ft. Lauderdale, Fla. to North Charleston.

In a related development, the company also announced the completion of its board membership selection, with the addition of Charlestonian James Gianoukos, president and chairman of ATS Logistics Inc., and Summer Xia, a Chinese-born U.S. citizen who is the founder and chairman of The Segue Group Inc., a California corporation that specializes in business management and international investment.

'Fred Frankel, the chairman and president of our company, decided that the Charleston area, with the incredible growth potential of both the port and the state’s manufacturing base, was a better place to launch our concepts,' said Condon, the corporation’s vice president.

The TCDC, a real estate investment trust, was formed in October 2005 to fund and own selected World Trade Center buildings and affiliated facilities around the world. The company is the developer of the S.C. World Trade Center building currently being planned for land adjacent to the Charleston Area Performing Arts Center.

Through related companies, the TCDC will provide trade-related services to clients including offices, showcases, exhibit programs, import and export marketing and sales and distribution facilities.

Frankel said the South Carolina project will serve as a prototype for the kind of facilities the
company hopes to do elsewhere."

For the full Charleston Regional Business Journal article: http://www.charlestonbusiness.com/pub/13_18/news/10225-1.html

For the Trade Center Development Corporation website (which does not appear to have been very recently updated, but still contains a fair amount of interesting information): http://www.tcdconline.com/

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