Skip to main content

Charleston Business

#CharlestonAgenda: Industrial Space Spiking, Pay Increases for Teachers, Honoring Hollings, Catawbas Want to Gamble, SC's CBD Study, David Howard, Plastic Polo Shirts

Apr 19, 2019 12:46PM ● By Chris Haire

Charleston adds more industrial space, harbor deepening could result in even more: The deepening of the Port of Charleston harbor is a key factor in the growing demand for industrial space in Charleston, according to the Q1 industrial report from Colliers International. The region has added six new buildings this quarter, with 3.51 million square feet under construction. Rental rates, construction and net absorption are up, and vacancy is down.

If Congress approves the $138 million in federal funds in the 2020 budget, that will push the harbor project forward, “which will increase port activity and add to the logistics pipeline feeding the import/export portion of the industrial market throughout Charleston,” the report states. Charleston would then have the deepest Eastern seaport, creating an industrial hub that can accommodate larger container vessels.

The industrial market includes 54.2 million square feet of industrial inventory, and added six buildings in Q1, with 19 more under construction. Between Feb. 2018 and Feb. 2019, capital investments in the Charleston industrial market totaled over $1 billion, producing 1,852 jobs.  

Large sales in Q1 included a Goose Creek Class A building Sycamore Partners purchased for $32 million and a North Charleston industrial building Brad Whitley purchased for $1.78 million.

For the remainder of 2019, “all aspects of the industrial market are expected to continue on a positive track,” the report states, including rising rental rates and new construction that will be absorbed quickly. --Leigh Savage

To Subscribe to Charleston Business Magazine for $25 a year, click here.
Pay raises coming for SC school teachers, state employees (The State) 

Charleston airport board votes to name terminal after late US Sen. Fritz Hollings (Post and Courier)

Topgolf to open in Greenville at the end of April (Upstate Business Journal)

Talk of Catawba Indians Kings Mountain casino heat up (GoUpstate)

Greenwood Center research involved in experimental CBD drug trial (Greenwood Index-Journal)

SC cycling mecca Travelers Rest to develop new guide for growth development downtown (Greenville News)

Major arts, humanities donor pledges $1.5M to Charleston’s African American Museum (Post and Courier)

Upstate SC Alliance Launches Major Campaign To Recruit Job Seekers (Greenville Magazine)

Rethink that an emergency exit row seat: With great legroom comes great responsibility (Stars & Stripes)

GM board will become majority female (Automotive News)

Uber’s self-driving car unit just raised another $1 billion (Fast Company)

Uber’s Stock Offering Docs Provide Peek into Freight Business (

Air Force to Begin Shifting Research Funds to These Kinds of Next-Gen Weapons (Defense One)

Opinion: How Green Politics Could Imperil Aviation (Aviation Week)

IBM to wind down Watson's work in AI drug discovery: report (Fierce Biotech)

Bacteria in healthcare workers' clothes jumps fourfold when worn more than one shift (Becker's Hospital Review)

Scientists Are Using CRISPR to Re-domesticate Fruits and Vegetables (Discover Mag)

McDonald’s Corp. is taking “signature crafted” hamburgers off its menu, after the sandwiches slowed operations at the chain’s restaurants (WSJ)

America’s Upper Middle Class Feeling the Pinch Too (Bloomberg)

Earth, Meet Polo: Ralph Lauren Unveils Plastic Bottle Shirt (Manufacturing.Net)

The Wire
College Of Charleston MPA Program Offers New Format

Santee Cooper Loan Assists Economic Development In Marion County

To Subscribe to Charleston Business Magazine for $25 a year, click here.

50 Most Influential
David Howard
Neighborhood Dining Group 
President & Owner

It’s easy to understand why David Howard—who was born in the same home as Admiral Lord Nelson in Burnham Thorpe, Norfolk, England—has a thirst for travel and adventure. 

His cooking interest began early. At 8 years old, he had already announced his intention to be a chef and frequently locked himself in the kitchen at the family farm in rural England to bake cookies. At 16, Howard followed his creativity and passion for cooking to culinary school. Upon graduation, he received an invitation to serve his culinary apprenticeship at the world-renowned Claridge’s of London. He then worked in Switzerland, Denmark, Ireland, and Bermuda before fulfilling his dream and immigrating to the USA in 1972. 

Once in the United States, Howard worked in Virginia, Florida, Georgia, Colorado, New Jersey, and South Carolina. In 1991, he opened his first restaurant, Chicago’s Steak and Seafood, in Roswell, Ga.

In 2001 Howard founded the Neighborhood Dining Group (NDG), a restaurant management company in Charleston, and partnered with a group of local investors. That successful partnership has blossomed into restaurants in three states. 

NDG’s restaurant portfolio includes Husk (Charleston; Nashville, Tenn.; Greenville; and Savannah, Ga.), McCrady’s and McCrady’s Tavern (Charleston), and Minero (Charleston and Atlanta.) 

In 2017, Howard was named a James Beard Award semifinalist for Outstanding Restaurateur, and McCrady’s was awarded the AAA 5-diamond restaurant status in 2018, the only restaurant in South Carolina with this distinction.