December 2023
Columbia, South Carolina is undergoing a notable economic upswing, with a surge in job opportunities and business growth. The combined economic development and growing job market are contributing to heightened demand for real estate.
Home value growth in Columbia ranked top 10 in the nation. Report says prices rose 7.1%.
The Nexus for Advanced Resilient Energy in South Carolina received the U.S. Department of Commerce’s Economic Development Administration’s designation as one of 31 Regional Technology and Innovation Hubs. The tech hub will encompass the metropolitan statistical areas of Greenville-Anderson, Spartanburg, and Columbia as well as parts of Aiken and Orangeburg counties.
New 900-unit student housing complex in the works for Columbia’s Vista.
A 250-unit housing complex has been approved at the corner of Gervais and Huger streets in the Vista, with a focus on non-student housing.
A new Hotel Trundle proposed for Gadsden Street in the Vista. The plans for the new hotel depict 41 rooms, a lobby, a fitness center, and a private outdoor patio.
The Vista District has announced a number of new businesses including restaurants and coffee shops in the popular Columbia neighborhood.
The University of South Carolina’s Columbia campus began classes and announced that it is welcoming its largest class in the school’s history. According to preliminary figures, 7,344 new freshmen are enrolled for the Fall 2023 semester, which is an increase of about 12 percent compared with last fall.
