Thought I’d spread a little good news today. It is a great day for the city of North Charleston, the tri-county area, and the entire state of South Carolina. Boeing plans to break ground on its new 584,000 square feet facility within the next few weeks and be operational in 2011. Boeing projects they will build 10 to 12 of the 787’s per month when production begins. The Boeing facility will create 3,800 jobs over the next 7 years. It is estimated the first year’s payroll will exceed 175 million dollars. Boeing’s investment in the project will exceed 750 million dollars. Boeing is receiving 450 million dollars in financial incentives from local and state government. I believe this is an excellent example of what can be accomplished when all facets of government work together to meet a common goal. The impact on the local job market, housing market, retail market, and service businesses will be huge. Just like the BMW plant in the upstate Boeing gives South Carolina another globally know manufacturer.
As always, your thoughts, questions, or comments are greatly appreciated. Let me know if I can help with any of your Charleston SC real estate needs or questions. To look for homes anywhere in the tri-county area go to my website at http://www.carolinajoe.com/mls/
"Carolina Joe" Idleman