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Our Growing Local Tech Sector…By the Numbers

Posted By: Joe Parks In: Low Country Living
Date: Wed, Jul 12th 2017 3:26 pm

I began this blog series in January of this year, talking about the growth prospects for our local tech sector. The growth has been surprising and reinforces my premise that their success spells success for all citizens of our beloved Charleston and surrounds. Our local real estate market is booming and part of this growth is directly attributable to the tech sector! It brings not only companies with bright prospects, but all of the employees who now make Charleston home. These employees are well paid and need housing.

To gauge their impact, one only needs to look at the results of a recent survey conducted by The Charleston Digital Corridor. It speaks not only to continued growth in the number of tech employees, but also to the expanding presence of tech companies over the entire Charleston metro.

 

Online Poll Results

 

Will your company add or reduce staff by the end of 2017?

 

Add

46.2%

 

Reduce

0.0%

 

Stay the Same

53.8%

 

Will your company expand or reduce office square footage by the end of 2017?

 

Expand

83.3%

 

Reduce

0.0%

 

Stay The Same

16.7%

 

Not one company is reducing the number of employees or reducing their demand for office space. This takes on further meaning when one realizes the expanding reach of the tech sector. When I began this series in January, there were over 200 companies represented here. As of today, there are 396!

This speaks volumes about the continuing tech sector growth locally and its positive influence on all of us.

Please call me with any questions, comments or just to chat.

Joe Parks

Realtor/Owner

AgentOwned Realty

843-214-3442

parksjoe6@gmail.com