Business News

BUSINESS NEWS
James Agens Becomes Columbia SC Ambassador
News Summary James Agens has been appointed as a 2025 Experience Columbia SC Ambassador, playing a key role in engaging the community and attracting visitors to the area. As one...
Midlands Man Arrested for Traveling to Meet Minor
News Summary Hector Leonel Lopez-Nunez, a 20-year-old from Gaston, SC, was arrested for allegedly traveling over 800 miles to meet a 12-year-old girl. He faces multiple charges related to criminal...
Man Arrested for Traveling to Pick Up Minor in Gaston, SC
News Summary Hector Leonel Lopez-Nunez, a 20-year-old from Gaston, SC, was arrested for traveling over 800 miles to meet a 12-year-old girl he met online. He faces multiple charges including...
Brand Buzz Named Small Business of the Year
News Summary The Columbia Chamber has awarded Brand Buzz the Small Business of the Year honor, recognizing the company’s contributions to the local business community in Lexington, South Carolina. Brand...
Bow Tie Management Cinemas in Columbia Closes Permanently
News Summary The Bow Tie Management Cinemas at Dutch Square Center has closed its doors for good, leaving Columbia with fewer movie options. The closure follows a trend of diminishing...
Elgin Secures Deal to Keep Pelican’s SnoBalls Open
News Summary Pelican’s SnoBalls in Elgin, South Carolina, has reached an agreement with its landlord to continue operations, averting a closure due to prior disputes. Despite facing declining sales in...
New Retail Stores Open Along Harbison Boulevard in Columbia
News Summary Harbison Boulevard in Columbia is expanding its retail options with the opening of new stores including Sierra Trading Post and Rack Room Shoes. These additions are part of...
Twisted Whisk Expands with New Bakery in Lexington
News Summary Twisted Whisk, run by Muffen Minemier and her husband Chris, has opened a new walk-in bakery in downtown Lexington. After years of serving special orders, the new storefront...
Columbia, South Carolina Faces Major Shift in Senior Living
News Summary Columbia, South Carolina, is experiencing a significant transformation in its senior living landscape due to the increasing demand from baby boomers. With over 10,000 individuals turning 65 every...
Finance
Lexington County Property Values Expected to Rise
News Summary Residents in Lexington County should prepare for increased home values and property taxes in 2025 due to a mandated five-year reassessment. Assessor Rick Dolan announced that evaluation notices...
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 Retail Stores Open Along Harbison Boulevard in Columbia
News Summary Harbison Boulevard in Columbia is expanding its retail options with the opening of new stores including Sierra Trading Post and Rack Room Shoes. These additions are part of...
New High-Rise Development Proposed for Downtown Columbia
News Summary A proposal for two high-rise residential buildings has been unveiled in downtown Columbia, with an investment of $225 million. The development will include market-rate housing and a private...
Columbia Approves New Apartment Development
News Summary The City of Columbia’s Planning Commission has approved a new apartment development at Devine Street and Heidt Street, featuring 55 units. While concerns about local traffic have been...
Cayce, SC Unveils Construction of New RaceTrac Gas Station
News Summary In Cayce, South Carolina, construction is underway for a new RaceTrac gas station and convenience store, set to enhance fuel options and retail services in the area. Located...
Muc-Off Expands U.S. Operations with New Distribution Center
News Summary Muc-Off, the British bicycle product brand, has leased a 56,160 sq ft distribution center in West Columbia, South Carolina. This strategic move aims to enhance supply chain capabilities...
Columbia, SC Set for Major Development Projects
News Summary Columbia, South Carolina, is preparing for a series of transformative development projects, including medical facilities, retail spaces, and dining establishments. The USC School of Medicine and Research building...
New LivSmart Hotel Planned for Columbia, SC
News Summary Columbia, South Carolina, is set to welcome a LivSmart hotel by Hilton in 2026, featuring 113 rooms tailored for extended stays. Located at 175 Stoneridge Drive, the hotel...
Homeless No More Expands Services to Lexington County
News Summary Homeless No More is launching St. Andrews Village in Lexington County to help families facing homelessness, responding to a 744% increase in housing assistance requests since 2021. This...
New Little Caesars Pizza Restaurant Opening in North Columbia
News Summary A new Little Caesars pizza restaurant is set to open on May 3, 2025, at 185 Earth Road in North Columbia. The grand opening will feature ‘Free Pizza...
Marketing
Brand Buzz Named Small Business of the Year
News Summary The Columbia Chamber has awarded Brand Buzz the Small Business of the Year honor, recognizing the company’s contributions to the local business community in Lexington, South Carolina. Brand...
Real Estate
Columbia, South Carolina Faces Major Shift in Senior Living
News Summary Columbia, South Carolina, is experiencing a significant transformation in its senior living landscape due to the increasing demand from baby boomers. With over 10,000 individuals turning 65 every...
New High-Rise Development Proposed for Downtown Columbia
News Summary A proposal for two high-rise residential buildings has been unveiled in downtown Columbia, with an investment of $225 million. The development will include market-rate housing and a private...
Columbia Approves New Apartment Development
News Summary The City of Columbia’s Planning Commission has approved a new apartment development at Devine Street and Heidt Street, featuring 55 units. While concerns about local traffic have been...
Lexington County Property Values Expected to Rise
News Summary Residents in Lexington County should prepare for increased home values and property taxes in 2025 due to a mandated five-year reassessment. Assessor Rick Dolan announced that evaluation notices...
Columbia’s Five Points Neighborhood Faces Development Debate
News Summary A proposal for a 55-unit apartment complex on Devine Street has ignited discussions within Columbia’s Five Points neighborhood. The community contemplates the project’s potential impacts on local identity...
Columbia’s Skyline Set for Change with New High-Rise Development
News Summary Columbia is on track for a major transformation as Core Spaces proposes two high-rise towers on Main Street. The ambitious $225 million project includes a 27-story apartment building...
New LivSmart Hotel Planned for Columbia, SC
News Summary Columbia, South Carolina, is set to welcome a LivSmart hotel by Hilton in 2026, featuring 113 rooms tailored for extended stays. Located at 175 Stoneridge Drive, the hotel...
Homeless No More Expands Services to Lexington County
News Summary Homeless No More is launching St. Andrews Village in Lexington County to help families facing homelessness, responding to a 744% increase in housing assistance requests since 2021. This...
New Boutique Department Store to Open in Historic Tapp’s Building
News Summary The Tapp’s Building in downtown Columbia is set to welcome a new boutique department store, The Shoppes at Tapps, opening in July 2025. Spanning approximately 11,000 square feet,...