Wednesday, November 28, 2007

New Berkeley County Business Park


The projected growth in the Lowcountry over the next ten years is amazing! What an exciting time to live and work and buy property in Charleston!

"An office and industrial property development company owned by H. Ross Perot Jr.—son of the Texas billionaire and onetime presidential candidate H. Ross Perot—is poised to begin construction of a 750-acre business park near Interstate 26 in Berkeley County.

The development, to be called the Charleston Trade Center, will be built on I-26 between exits 194 and 199 near the Piggy Wiggly Distribution Center. The site, formerly known as the Mercedes tract, will have approximately 8 million square feet of Class A industrial space and 1 million square feet of office/retail space at full buildout.

At completion, the Hillwood Investment Properties project is expected to create approximately 3,000 new jobs, company officials said.

Gary Frederick, senior vice president of Hillwood Investment Properties, said the company’s decision to build in Berkeley County was in large part because of the importance of global trade through the Port of Charleston.

'With close to 2 million 20-foot-equivalent containers handled each year, the Port of Charleston is among the busiest ports on the East Coast and is well positioned for continued growth,' Frederick said."

For the full Charleston Regional Business Journal article: http://www.charlestonbusiness.com/current/13_24/news/10851-1.html

For the Hillwood Investment Properties project master plan: http://www.hillwoodinvestmentproperties.com/Portals/0/Projects/Brochures/ChTC.11x17.LR.2007.11.08.pdf

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