Business News
BUSINESS NEWS
New Steakhouse Ember Set to Open in Downtown Lexington
News Summary A brand-new upscale steakhouse named Ember is preparing to open at 101 W. Main St. in downtown Lexington by late May 2025. Located at the busy corner of...
Columbia Sets New Record with $9.25 Million Estate Sale
News Summary Columbia’s real estate market has witnessed a significant milestone with the sale of a luxurious Lake Murray estate for $9.25 million. This sale shatters the previous record of...
Lexington Schools Embrace New Leadership and Honor a Life
News Summary Lexington County School District welcomes new leadership with Dr. Stephanie L. Burgess as principal of Gilbert Middle School and Howard S. Denny III as director of student services....
New Nuclear Office Opens in Columbia, SC
News Summary The Nuclear Company has opened its new office in Columbia, South Carolina, promising to create at least 100 jobs and advance the local economy. With an innovative approach...
Plans Announced for High-Rise Development in Downtown Columbia
News Summary Downtown Columbia is set to undergo a significant transformation as Core Spaces reveals plans for two high-rise apartment towers. The project will bring approximately 700 to 750 new...
New Steakhouse Ember to Open in Downtown Lexington
News Summary A new upscale steakhouse named Ember is set to open in downtown Lexington at 101 W. Main St. in late May 2025. The team behind Ember, including well-known...
ALLTAPE Adhesive Manufacturing Launches in Lexington County
News Summary Lexington County will host its first ALLTAPE Adhesive Manufacturing facility, part of the ATP Group from Germany. With a $70 million investment, 130 jobs will be created. The...
Krafty Draft Bar to Transform into Lexington Tap House
News Summary Lexington’s beloved Krafty Draft Bar will close on May 3, 2025, and reopen as the Lexington Tap House on May 10, 2025. New owners will honor memberships and...
New Mixed-Use Development to Transform Downtown Columbia
News Summary Downtown Columbia is set for a major transformation with a $225 million mixed-use development by Core Spaces. Plans include two high-rise towers featuring a student dormitory and market-rate...
Finance
Columbia Celebrates Major Property Sale of 20/21 Business Center
News Summary Columbia is witnessing a significant boost in its real estate market with the recent sale of the 20/21 Business Center for $13.8 million. The sprawling complex, spanning 98,386...
Lexington County Property Reassessment in 2025
News Summary Lexington County is preparing for a significant property reassessment in 2025, which will affect local homeowners. This process occurs every five years and follows Virginia state law to...
Blythewood, SC Welcomes $2 Billion Scout Motors Facility
News Summary Blythewood, South Carolina, is set to experience an economic boost with Scout Motors’ upcoming $2 billion electric vehicle production facility. Spanning 1,100 acres, it promises over 4,000 jobs...
Rising Property Values and Tax Implications in Lexington County
News Summary Lexington County residents face significant changes as the property reassessment process for 2024 approaches. Property values have soared in recent years, leading to concerns about rising tax implications....
Lexington County Residents Brace for Property Tax Changes
News Summary Residents of Lexington County are preparing for potential property tax increases as the county completes its five-year property reassessment. The reassessment, scheduled for spring 2025, will adjust property...
Optus Bank to Establish New Headquarters in Columbia
News Summary Optus Bank has announced its plans to set up a new headquarters in Columbia, South Carolina. The bank has purchased a vacant building for $2.6 million, aiming to...
Lexington Council Faces Deadline on Development Impact Fees
News Summary The Lexington Town Council is under pressure to finalize updates on development impact fees in South Carolina, with only weeks remaining. The fees, vital for infrastructure improvements, have...
Lexington Prepares for Rising Property Values and Taxes
News Summary Lexington County is nearing the completion of a five-year property reassessment, with homeowners expected to face increasing property values and taxes in 2025. The reassessment, based on 2024...
CONSTRUCTION
New Nuclear Office Opens in Columbia, SC
News Summary The Nuclear Company has opened its new office in Columbia, South Carolina, promising to create at least 100 jobs and advance the local economy. With an innovative approach...
Plans Announced for High-Rise Development in Downtown Columbia
News Summary Downtown Columbia is set to undergo a significant transformation as Core Spaces reveals plans for two high-rise apartment towers. The project will bring approximately 700 to 750 new...
New Mixed-Use Development to Transform Downtown Columbia
News Summary Downtown Columbia is set for a major transformation with a $225 million mixed-use development by Core Spaces. Plans include two high-rise towers featuring a student dormitory and market-rate...
Lexington, SC Road Closure and New Steakhouse Opening
News Summary Lexington, SC is facing temporary road closures on Cedar Street due to a damaged gas line. Meanwhile, the town is buzzing with excitement over a new steakhouse opening...
New Steakhouse to Open in Lexington, SC
News Summary A modern steakhouse will be debuting in Lexington, SC, at 101 W. Main St. Suite 200 in January 2025. Spearheaded by three experienced restaurateurs, the steakhouse promises an...
Lexington County Welcomes New Housing Development
News Summary Lexington County’s Planning Commission has approved a new housing development that will bring 624 homes to the area, amplifying local population growth and community vibrancy. The project by...
West Columbia Walmart to Undergo Major Renovations
News Summary Walmart in West Columbia is set to remodel its Neighborhood Market on Old Barnwell Road, closing temporarily on April 21, 2025. Enhancements include modern grocery aisles, upgraded deli...
Lexington Set to Welcome Major Housing Expansion
News Summary Lexington’s housing landscape is set for a significant transformation as Wilkie Development unveils plans for a major expansion of a housing subdivision. The project will nearly double the...
Groundbreaking Ceremony for New Credit Union Headquarters in Columbia
News Summary Columbia’s downtown area celebrated a significant milestone with the groundbreaking ceremony of Palmetto Citizens Federal Credit Union’s new headquarters on April 15, 2025. The upcoming 100,000-square-foot building will...
Marketing
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Real Estate
Columbia Sets New Record with $9.25 Million Estate Sale
News Summary Columbia’s real estate market has witnessed a significant milestone with the sale of a luxurious Lake Murray estate for $9.25 million. This sale shatters the previous record of...
Plans Announced for High-Rise Development in Downtown Columbia
News Summary Downtown Columbia is set to undergo a significant transformation as Core Spaces reveals plans for two high-rise apartment towers. The project will bring approximately 700 to 750 new...
New Mixed-Use Development to Transform Downtown Columbia
News Summary Downtown Columbia is set for a major transformation with a $225 million mixed-use development by Core Spaces. Plans include two high-rise towers featuring a student dormitory and market-rate...
Lexington County Welcomes New Housing Development
News Summary Lexington County’s Planning Commission has approved a new housing development that will bring 624 homes to the area, amplifying local population growth and community vibrancy. The project by...
Lexington Set to Welcome Major Housing Expansion
News Summary Lexington’s housing landscape is set for a significant transformation as Wilkie Development unveils plans for a major expansion of a housing subdivision. The project will nearly double the...
Groundbreaking Ceremony for New Credit Union Headquarters in Columbia
News Summary Columbia’s downtown area celebrated a significant milestone with the groundbreaking ceremony of Palmetto Citizens Federal Credit Union’s new headquarters on April 15, 2025. The upcoming 100,000-square-foot building will...
Lexington County Breaks Record with $9.25 Million Estate Sale
News Summary Lexington County has seen a groundbreaking $9.25 million estate sale on the shores of Lake Murray, shattering previous local real estate records. The sprawling 9,500-square-foot home features luxurious...
Circle K Opening New Location in Lexington County
News Summary Residents of Lexington County are thrilled as Circle K prepares to open a new convenience store at 5904 Platt Springs Road. With construction underway, this location aims to...
Columbia City Council to Consider Sale for Technology Hub
News Summary The Columbia City Council is preparing to vote on a $2 million proposal to sell a vacant office building on 2221 Devine Street. This initiative aims to transform...
