AgentOwned Realty

Silicon Harbor and the Charleston Digital Corridor

Posted By: Joe Parks In: About the Low Country
Date: Thu, Feb 2nd 2017 10:01 am

At the beginning of this century, greater Charleston business and economic development leaders recognized the need for further diversification of the driving industries that propel our area’s growth, especially the need to attract, promote, and nurture high-wage jobs in a sustainable knowledge-based economy. The technology industry was on the move and California’s Silicon Valley was the established leader in the development of new technologies and new companies with the ability to make those technologies a reality. Why should South Carolina not be able to attract these talented people as well? We have a wonderful climate and an abundance of recreational opportunities amidst a city steeped in history. A city with great restaurants and cultural opportunities to attract these young people immersed in the age of technology.

So, in February of 2001, the City of Charleston created the Charleston Digital Corridor (CDC) to do just that. They selected Ernest Andrade, an unflappable, forward-thinking go-getter, to lead the way. To quote Mr. Andrade…. “I just assembled a smart group of people and asked what they needed, what they wanted to do.” We launched the Corridor with 18 qualified (i.e. knowledge-based) software-related companies and now have 94 member companies, including Google, Benefitfocus, Blackbaud, Blue Acorn, TwitPic, and the aptly named BoomTown.” He goes on to say, “All our members serve as consultants to the CDC. They are the ones directly involved in the industry; they know better than anyone what value-added services are needed to support them. What makes us effective is that we are nimble enough to take this intelligence and act on it immediately.”

The CDC has been at the center of our rapid growth. The technology industry supplied our area with talented and well paid employees in a solid long-term industry. You’ve heard the term “technology is the future”. Well, the future is here and bringing benefits to all of us. It has helped fuel the growth of greater Charleston and the accompanying demand for residential and commercial real estate and all the related services.

This series will delve into this industry, its history and companies that call Charleston home. We will continue to not only discuss the their local presence, but also how they benefit other area industries and all of us who love the city and surrounding area where we live, work and play.

I hope you will enjoy this series and please contact me with your comments. We all have benefited from the presence of the technology industry here in Charleston. And one of those benefits has been real estate values that have risen steadily. Technology has benefited all of us in the real estate industry, making us better informed and more capable of serving the public. 

Please contact me if I may be of service.

Joe Parks, Realtor
Mt Pleasant, SC 29464
Office: 843-884-7300
Cell: 828-606-3266
Fax: 843-725-6623