Spartanburg Business News
BUSINESS NEWS
Investment Announced for Affordable Housing Renovations
News Summary An $18.75 million investment has been unveiled for renovating three apartment complexes in Upstate South Carolina, aiming to improve living conditions and maintain affordable housing. The initiative, covering...
Spartanburg Restaurant Scene Sees Changes
News Summary Spartanburg’s food landscape is shifting as Burrito Hub prepares to close its Magnolia St. location on January 30, 2025, while a new location is set to open soon....
New Restaurant Planned for Spartanburg’s Magnolia Street Parking Garage
News Summary Spartanburg is set to transform a long-vacant bank space in the Magnolia Street Parking Garage into a new restaurant. Located at 100 N. Church St., the space has...
Spartanburg County’s Economic Development in 2024
News Summary Spartanburg County is experiencing a significant economic boost with $745 million in new investments from 23 development projects in 2024. This growth will generate 1,220 new jobs, focusing...
Spartanburg’s Downtown Project Core Approved
News Summary The Design Review Board has approved Project Core, a massive $425 million development in downtown Spartanburg. This transformative initiative includes a new hotel, offices, and apartments, aiming to...
Saluda Grade Train Corridor to Become Scenic Rail Trail
News Summary The Saluda Grade train corridor, spanning 31.5 miles between North and South Carolina, is set to be transformed into a scenic rail trail following its sale to the...
Discovering Spartanburg’s Underground Tunnels
News Summary Beneath Spartanburg’s Morgan Square lies a hidden network of historic tunnels that played a key role in the city’s banking history from the late 1800s. These tunnels, once...
Power Up Spartanburg’s Mentoring Program Boosts Small Business
News Summary The Power Up Spartanburg mentoring program is making significant strides for local business owners by providing vital support and resources. It connects entrepreneurs with experienced mentors, fostering a...
Spartanburg County Launches Initiative for Small Businesses
News Summary Spartanburg County is launching a $6.2 million initiative aimed at supporting small and minority-owned businesses. The program focuses on breaking down barriers to entrepreneurship, enhancing access to capital,...
Finance
Spartanburg County Promotes Economic Growth Amid FILOT Debate
News Summary Spartanburg County is poised for economic growth as leaders discuss fee-in-lieu-of-tax (FILOT) agreements. These contracts incentivize substantial company investments, helping boost local employment. However, critics argue they favor...
CONSTRUCTION
Investment Announced for Affordable Housing Renovations
News Summary An $18.75 million investment has been unveiled for renovating three apartment complexes in Upstate South Carolina, aiming to improve living conditions and maintain affordable housing. The initiative, covering...
Spartanburg County’s Economic Development in 2024
News Summary Spartanburg County is experiencing a significant economic boost with $745 million in new investments from 23 development projects in 2024. This growth will generate 1,220 new jobs, focusing...
Spartanburg’s Downtown Project Core Approved
News Summary The Design Review Board has approved Project Core, a massive $425 million development in downtown Spartanburg. This transformative initiative includes a new hotel, offices, and apartments, aiming to...
Saluda Grade Train Corridor to Become Scenic Rail Trail
News Summary The Saluda Grade train corridor, spanning 31.5 miles between North and South Carolina, is set to be transformed into a scenic rail trail following its sale to the...
Discovering Spartanburg’s Underground Tunnels
News Summary Beneath Spartanburg’s Morgan Square lies a hidden network of historic tunnels that played a key role in the city’s banking history from the late 1800s. These tunnels, once...
Nestlé USA Announces $150 Million Investment in Gaffney
News Summary Gaffney, South Carolina, will see a significant economic boost as Nestlé USA plans to invest $150 million into expanding its production facility. This investment aims to introduce a...
Major Expansion at Inland Port Greer to Enhance Cargo Handling
News Summary South Carolina Ports is set to enhance operations at Inland Port Greer to better meet market demands and boost the local economy. The expansion includes new rail infrastructure...
Redevelopment Initiative Set to Transform Spartanburg
News Summary Spartanburg is poised for significant transformation with the launch of Project Core, a extensive redevelopment plan that will revitalize downtown. This initiative includes the construction of a new...
Transformation of Spartanburg with Project Core
News Summary Spartanburg is set to experience significant growth with the launch of Project Core, a major redevelopment initiative. This project aims to revitalize the downtown area through a mix...
Marketing
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Real Estate
Investment Announced for Affordable Housing Renovations
News Summary An $18.75 million investment has been unveiled for renovating three apartment complexes in Upstate South Carolina, aiming to improve living conditions and maintain affordable housing. The initiative, covering...
Spartanburg’s Downtown Project Core Approved
News Summary The Design Review Board has approved Project Core, a massive $425 million development in downtown Spartanburg. This transformative initiative includes a new hotel, offices, and apartments, aiming to...
Redevelopment Initiative Set to Transform Spartanburg
News Summary Spartanburg is poised for significant transformation with the launch of Project Core, a extensive redevelopment plan that will revitalize downtown. This initiative includes the construction of a new...
Transformation of Spartanburg with Project Core
News Summary Spartanburg is set to experience significant growth with the launch of Project Core, a major redevelopment initiative. This project aims to revitalize the downtown area through a mix...
Spartanburg Bids Farewell to Iconic Krispy Kreme Sign
News Summary Spartanburg recently mourned the loss of its beloved Krispy Kreme sign, a community landmark since 1969. The sign was taken down due to safety concerns after severe damage...
