lowcountry economic network topic page

12:05 am on Wednesday April 4, 2012

Beaufort City Council approves purchase of Beaufort Commerce Park

TheDigitel While the deal has yet to be closed, on Tuesday all members of Beaufort City Council approved the purchase of the 167-acre Beaufort Commerce Park for $1.85 million. Council also annexed the land near the Marine Corps Air Station into...
1:17 am on Wednesday March 28, 2012

Beaufort Commerce Park purchase moves full speed ahead; Final vote April 7

TheDigitel The city sent out a press release that kicked off with "Beaufort takes first steps to annex, acquire Commerce Park to boost 'City-building'". Despite criticism, the plan to annex the failed commerce park is moving ahead — and the city...
11:16 pm on Sunday March 25, 2012

Beaufort Commerce Park purchase: Questions, concerns and punditry

Flickr user quinn.anya As expected, old debate threads have returned as the City of Beaufort looks at buying the foreclosed Beaufort Commerce Park for something less than $2 million. I have a pair of links to share pointing to The Island Packet. Up...
7:14 am on Thursday December 8, 2011

Auction of Beaufort Commerce Park comes up short

Flickr user ibm4381 Dry, dusty, and done. Update December 8: A month on and the deal to buy the park for at least $700,000 less than was owed is final. Now the question remains, if and how the banks will try to recoup the funds from the county-...
6:38 am on Saturday June 18, 2011

Beaufort Mayor Keyserling: It's time for the people to get serious about our local economy

Flickr user chrisdlugosz Mayor: "It‘s time to fulfill promises for a diverse economic base and more economic sustainability." With the collapse of Beaufort County's economic development (and no replacement designed yet), Beaufort Mayor Billy...
12:40 am on Thursday June 9, 2011

All signs point to an end of the Lowcountry Economic Network by end of the month

TheDigitel Updates at the bottom. We're near the end of the long saga of the Lowcountry Economic Network and the underwater Beaufort Commerce Park. Today, the network's leadership moved to halt operations by the end of the month. Get the story at...
2:33 am on Sunday June 5, 2011

Planning the wind-down of the Lowcountry Economic Network

Flickr user graymalkn While the banks have yet to foreclose on the much-debated Beaufort Commerce Park, it seems local leaders plan to waste little time in a shutdown of the Lowcountry Economic Network. As soon as Wednesday, the decision could be...
3:11 am on Tuesday May 31, 2011

Economic development in Beaufort: Is it the twilight, or a new dawn?

Flickr user ibm4381 The end of an era, or seeds of the future? With the Lowcountry Economic Network coming to a whimper of an end, economic development in Beaufort County is certainly over as we know it.  And that could be a very bad thing when it...
9:49 pm on Tuesday May 17, 2011

Time to say goodbye to economic development in Beaufort County?

Update May 18: The Island Packet has chimed in with its own thoughts in an opinion column. The general thrust seems to be three-fold: Kudos to the county for not bailing out the Lowcountry Economic Network, the network should have known the commerce...
2:06 am on Tuesday May 10, 2011

$2.5M purchase of commerce park rejected by council; Now what?

At the much-anticipated Monday, May 9, Beaufort County Council meeting, the purchase of the ailing Beaufort Commerce Park for $2.5 million was formally rejected. The Island Packet has a nice report on the meeting that you can read here. So what now...

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