Business News

BUSINESS NEWS
Diesel Laptops Launches Comprehensive Diesel Repair Mobile App
News Summary Diesel Laptops has introduced the Diesel Repair mobile app, available on iOS and Android. This innovative app enhances technician efficiency by providing essential repair information in real-time. Key...
New Modern Steakhouse Coming to Lexington in January 2025
News Summary Lexington is preparing for the opening of a new modern steakhouse in January 2025 at the historic site of 101 W. Main St. Suite 200, previously home to...
Tapp’s Department Store to Transform into Retail and Gym Space
News Summary The historic Tapp’s Department Store in downtown Columbia is set to be redeveloped into The Shoppes at Tapps, featuring boutique retail space and a 24-hour gym. With a...
Panda Express Opens New Location in Lexington County
News Summary Panda Express has opened its latest restaurant at 5416 Platt Springs Road, contributing to the Platt Springs Crossing development that includes various dining options and a grocery store....
Walmart Grand Reopening in Forest Acres Enhances Community Shopping
News Summary Walmart celebrated the grand reopening of its newly renovated store in Forest Acres, featuring significant upgrades aimed at improving the shopping experience for local residents. The renovation includes...
Tattoo Regulations Differ Between South and North Carolina
News Summary Columbia, SC – South Carolina has implemented stricter tattoo regulations, including a minimum age of 18 and rigorous training requirements for artists. In contrast, North Carolina offers a...
Columbia Welcomes New Coffee and Pizza Spots
News Summary Columbia is seeing the opening of two new food establishments with Curiosity Coffee Bar expanding to Richland Library and Little Caesars preparing for its grand opening. Conversely, Pelican’s...
Columbia to Welcome LivSmart by Hilton Extended Stay Hotel
News Summary Columbia is anticipating the opening of a new extended stay hotel, LivSmart by Hilton, in the second quarter of 2026. Located at 175 Stoneridge Drive, this hotel will...
Lexington County Launches St. Andrews Village for Homeless Families
News Summary Lexington County is set to address its homelessness crisis with the St. Andrews Village project, transforming a former hotel into 31 supportive housing units for families. Funded by...
Finance
New Headquarters Construction Begins in Downtown Columbia
News Summary Palmetto Citizens Federal Credit Union’s new headquarters is set to transform Downtown Columbia. Construction has kicked off at the intersection of Sumter and Lady streets, paving the way...
South Carolina Home Prices Continue to Rise Amidst Market Adjustments
News Summary Despite a slight slowdown in the real estate market, home prices in South Carolina continue to rise. Factors such as limited housing supply, competitive bidding, and popularity of...
Big Changes Coming to Parking in Columbia, SC
News Summary Columbia, SC is set to implement significant changes to its parking ordinance on March 1, 2025. The hourly rates for on-street parking will double from 75 cents to...
Richland County Announces Open Estates for Claims
News Summary Residents of Richland County, SC, are urged to take notice of a recent announcement regarding financial claims against several estates. All claims must be submitted to the personal...
Optus Bank Moves Headquarters to Revitalize Columbia
News Summary Optus Bank is set to transform a vacant property at 1710 Gervais St. into its new headquarters, revitalizing the Columbia area. With a significant investment of $2.6 million,...
Lexington Council Races Against Time to Update Development Fees
News Summary With a looming state deadline, the Lexington Town Council is scrambling to update its development impact fees that haven’t been revised in over five years. The town’s growth...
Lexington Council Under Pressure to Revise Impact Fees
News Summary The Lexington Town Council is facing an urgent deadline to update development impact fees due to a state mandate. Elected officials are concerned about how potential fee increases...
New Year’s Eve Collision on Sunset Boulevard in Lexington
News Summary A New Year’s Eve celebration in Lexington turned chaotic when a collision occurred between an SUV and a motorcycle on Sunset Boulevard. The accident, which took place near...
CONSTRUCTION
Wesley Bryan to Appeal PGA Tour Suspension After LIV Event Participation
News Summary Wesley Bryan, a notable PGA Tour player, has announced his intention to appeal his indefinite suspension resulting from his participation in the LIV Golf event, The Duels: Miami....
Blue Ridge High School Wins First Title at Southern Cross Golf Tournament
News Summary Blue Ridge High School achieved a historic victory at the prestigious Southern Cross Golf Tournament, capturing their first title amid fierce competition. The team finished with a total...
South Carolina Governor Declares State of Emergency Due to Wildfires
News Summary Governor Henry McMaster has declared a state of emergency in South Carolina as wildfires threaten the Carolinas and Georgia. Over 175 active fires have caused extensive damage, leading...
Man Arrested After Hit-and-Run Injures Children on Playground
News Summary A man has been arrested following a hit-and-run incident on Sullivan’s Island that injured a parent and two children. The suspect, Justin Collin Adams, 36, allegedly stole a...
Two Women Charged in Toddler’s Death in South Carolina
News Summary In Florence County, South Carolina, two women have been charged following the tragic death of a two-year-old due to severe burns. Ky’Ledja Janissa Holloway faces serious charges for...
Frasers Property Makes Second Buyout Attempt for Hospitality Trust
News Summary Frasers Property is making a renewed effort to take Frasers Hospitality Trust private with a proposed valuation of S$1.37 billion. The new offer of S$0.71 per share is...
Local Developments: Aquarium Networking Event and Brewery Expansion
News Summary South Carolina is set for two notable local events; the South Carolina Aquarium’s ‘Business & Brews’ networking event and Low Tide Brewing’s expansion in Charleston County. The aquarium’s...
Tim Pearson Appointed State President of Duke Energy in South Carolina
News Summary Duke Energy has appointed Tim Pearson as the new state president for South Carolina, effective November 1. Pearson replaces Mike Callahan, who has been promoted. With over a...
South Carolina Strengthens Economic Ties with Canada
News Summary South Carolina is experiencing a major uptick in economic relations with Canada, highlighted by a historic $5 billion in investments. Canadian Ambassador Kirsten Hillman visited to discuss enhancing...
Marketing
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Real Estate
Tapp’s Department Store to Transform into Retail and Gym Space
News Summary The historic Tapp’s Department Store in downtown Columbia is set to be redeveloped into The Shoppes at Tapps, featuring boutique retail space and a 24-hour gym. With a...
Panda Express Opens New Location in Lexington County
News Summary Panda Express has opened its latest restaurant at 5416 Platt Springs Road, contributing to the Platt Springs Crossing development that includes various dining options and a grocery store....
Columbia to Welcome LivSmart by Hilton Extended Stay Hotel
News Summary Columbia is anticipating the opening of a new extended stay hotel, LivSmart by Hilton, in the second quarter of 2026. Located at 175 Stoneridge Drive, this hotel will...
Venture X to Open New Coworking Space in Downtown Columbia
News Summary Venture X is set to launch a new coworking space in downtown Columbia, SC, scheduled for grand opening in October 2025. Spanning 17,179 square feet, the facility will...
Columbia Breaks Real Estate Record with $9.25 Million Sale
News Summary Columbia, South Carolina, has made headlines with the recent sale of a luxurious Lake Murray estate for $9.25 million, setting a new record for residential properties in the...
New High-Rise Towers Planned for Columbia
News Summary Columbia is set to welcome two new high-rise towers as developer Core Spaces announces a $225 million project for students and market-rate renters. The plan includes a 22-story...
Columbia’s New Credit Union Headquarters Breaks Ground
News Summary Palmetto Citizens Federal Credit Union has begun construction on its new headquarters in downtown Columbia, marking a significant development with a planned five-story building of 100,000 square feet....
City Council Votes on Property Sale to Southeastern Technology Centers
News Summary Columbia’s City Council is set to vote on a significant property sale that may transform the area. The proposal involves selling a vacant office building on Devine Street...
Techo-Bloc Invests $45 Million in Cayce, SC
News Summary Cayce, South Carolina, welcomes Canadian landscaping supplier Techo-Bloc, which will invest $45 million and create 46 new jobs. This exciting economic development marks the company’s first location in...