$110 million oceanfront hotel planned for Kiawah Island

After years of preparation and speculation, Kiawah Island Resorts unveiled plans for a $110 million oceanfront hotel that it vowed would rank among the finest upscale leisure properties in the country. The 255-room Sanctuary at Kiawah Island, the costliest hotel ever built in South Carolina, is set to open in February 2004. Continue reading

North Charleston planning to launch theatre company

June 19, 2002 - In a move showing North Charleston's growing commitment to the performing arts, Mayor Keith Summey announced Tuesday that the city and The Noisette Co. will launch the South of Broadway Theatre Company in the fall of 2003. Continue reading

Charleston Metro named a top U.S. city for European expansion

For this ranking, Expansion Management looked at European-based company expansions that occurred within the past 24 months that created at least 10 jobs and involved capital investment of at least $1 million. According to this survey, the Charleston-North Charleston metro ranked ninth in the nation for European expansion. Continue reading

Business leaders to attend Southeast U.S./Japan Association Conference

South Carolina Governor Jim Hodges will host over 600 American and Japanese business leaders at the annual Southeast U.S./Japan Association Conference to be held in Charleston, September 14-17, 2002. Continue reading

Defense industry launches SPAWAR initiative

In 2005, the Department of Defense’s Base Realignment and Closure Commission, will make recommendations to the secretary of defense as to the fate of certain military installations in the United States. The BRAC commission last met in 1995, a year before the Charleston, SC Navy Base was closed and the year Charleston’s Space and Naval Warfare Systems Command Center, SPAWAR, was formed. Continue reading

AmericanStyle Magazine recognizes Charleston as a top 10 art destination

AmericanStyle Magazine, in its summer 2002 issue, recently listed the Charleston S.C. area as one of the Top 10 Art Destinations in the country.
The feature article noted the Spoleto Festival, Gibbes Museum of Art, the North Charleston Arts Festival, Drayton Hall, MOJA Arts Festival, Piccolo Spoleto, and the Charleston Museum. Continue reading

Port of Charleston selected as a top transportation infrastructure project

The Port of Charleston has been selected as one of South Carolina's top transportation infrastructure projects of the 20th century by the Washington, D.C.-based American Road & Transportation Builders Association (ARTBA). Continue reading

American LaFrance to bring 800 new jobs to the Charleston region

American LaFrance Corporation, a subsidiary of Freightliner LLC, officially opened its new headquarters and firetruck/ambulance manufacturing facility in North Charleston, S.C. It is estimated that, by 2004, 800 employees will be needed to meet expected production rates. American LaFrance has invested $12 million to prepare the facility for production. Continue reading

Automated Trading Desk merges with Chicago firm

Mount Pleasant-based Automated Trading Desk, which uses sophisticated computer programs to buy and sell millions of shares of stock each day, has merged with a Chicago firm in a move that will add smaller investors to its client base. ATD has developed computer programs that capture and instantly analyze vast amounts of market data to predict short-term price movements in individual stocks. As of May, the company's trading activity accounted for roughly 4 percent of the Nasdaq's daily volume. Continue reading

Mount Pleasant-based SailNet cited by Forbes

Mount Pleasant-based SailNet is the best sailing website on the Internet. That's according to Forbes' "Best of the Web" magazine, which selected the local sailing retailer as the best sailing site for the second year in a row. Continue reading