High Optimism Hilton Head Island Economic Development For New Business in South Carolina
Early in November 2015, the Hilton Head Area Hilton Head Island Economic Development Association of REALTORS and Beaufort REALTORS hosted the second annual Economic Development Summit. There were over 400 REALTORS, bankers, government officials and concerned citizens in attendance.
Speakers included representatives from the Towns of Hardeeville, Port Royal, Beaufort, and Bluffton. In addition, the Don Ryan Center, Don Kirkman of the Hilton Head Island Economic Development Corporation and a representative of the Southern Carolina Regional Development Alliance attended.
Robert Hitt III, South Carolina Secretary of Commerce, Keynote Speaker Hilton Head Island Economic Development Delivered Outstanding News For Business in South Carolina
The reports from each of the town representatives were very encouraging. Hardeeville and Bluffton are two of the fastest growing towns in all of South Carolina. The Don Ryan Center is working regionally and has a partnership with Savannah College of Art and Design where their presentations are being broadcast to their campus in Atlanta and Japan.
The Southern Carolina Regional Alliance has done an outstanding job of bringing business and new jobs to the Lowcountry. The Alliance covers all of Southeast South Carolina except Beaufort County. Don Kirkman of the HHIEDC reported on the corporation’s 2016 goals and an event “Bring Your Business Ideas to Life” that will be held on Hilton Head Island January and February, 2016. This event will allow entrepreneurs to present their ideas of a new business.
Keynote speaker, Robert Hitt, gave an outstanding presentation and pointed out that South Carolina is impressively attracting new businesses. Hitt said South Carolina businesses used to be referred to as “3-T” for Textile, Timber and Tourism, but today, it is more “AAT” for Aerospace, Auto and Tourism.
Here in the Lowcountry we have Boeing to the North in Charleston and Gulfstream to the South in Savannah. There are a many Gulfstream executives living on Hilton Head Island. Hitt pointed out that South Carolina has three luxury auto manufacturers; BMW in the northern part of the state, Mercedes-Benz and Volvo.
No other state in our region has three luxury auto manufacturers. South Carolina exports more autos than any other state in the country. South Carolina is also the number one manufacturer of tires in the United States.
Jasper Port Will Add Many New Jobs in South Carolina
One major game changer for the Hilton Head Island and Lowcountry that was not covered in detail was the Jasper Port. When the Jasper Port is built, there will be many new jobs. This will result in many more folks moving to our area which will improve the value of our local real estate. Recently the states of Georgia and South Carolina signed an agreement to proceed with the port.
Happy Days and Prosperity Hilton Head Island Economic Development Will Be in South Carolina Again
South Carolina business is moving up Hilton Head Island Economic Development and is becoming an even a better place to live. As I write this blog, Clemson University is ranked No. 1 in college football. The last time Clemson won the National Championship, the quarterback for that team now lives here in the Lowcountry.
What Does This Coming Economic Prosperity Mean For Hilton Head and The Lowcountry?
It means that real estate values will being going up! With all of the new resort upgrades and new business coming to the Hilton Head area, it would be very smart to look for property now.
It is the right time to find real estate especially while bank rates are still historically low and prices are far off their highs of 2005. Should you want to consider picking up some Hilton Head area real estate, just give The Charles Sampson Group of Charter One Reality a call at 843-384-7300. It would be our honor to help you to start living the Island Lifestyle. We know the Hilton Head Island and The Lowcountry really well. Our clients look to us for new properties even after they own their first.
See what some of our clients say about us!: https://www.youtube.com/watch?v=dIJwcoU0Irs
Call Charles Sampson Group of Charter One Realty Today.