Greenville Business Magazine: The ‘Sugar High’ is Ending For S.C. Industrial Sector, What Comes Next?
There’s the 3.25-million-square-foot Spartan Enterprise Park in Spartanburg, which NorthPoint Development broke ground on in November. There’s the 3.6-million-square-foot foot Cherokee Commerce Center 85 near Gaffney, to be constructed by Glenstar and Creek Lake Capital. There’s the 3 million-square-foot Walmart distribution center north of Charleston, which is South Carolina’s largest single structure under one roof.
In all corners of South Carolina, the industrial boom that’s revved up the Palmetto State’s economy is plain to see in the form of giant manufacturing and distribution centers occupying millions of square feet. And it just keeps coming: In late 2021 Redwood Materials unveiled plans to build an electric vehicle battery recycling plant, a $3.5 billion investment, outside Charleston. Frampton Construction recently completed a nearly 1 million-square-foot speculative industrial development in Greenville. And in March, Scout Motors announced plans to construct a $2 billion manufacturing plant on 1,100 acres in Blythewood, north of Columbia.