north charleston sullivans island issue: summerville · construction quarterly 2 all commercial...
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ALL NEW CONSTRUCTION
The number of building permits issued for all new construction in the B/C/D region in the second
quarter of 2016 dropped by about 2% from the first quarter. Additionally, the construction value of
all new construction in the second quarter was 28.5% ($268.6 million) lower than the first quarter of
2016. Most of this decrease can be accounted for by a drop in commercial permits for Berkeley
County (as explained in the Commercial section). It should be noted that in the second quarter
permit values are in line with those reported in the second quarter of last year, despite the number
of permits dropping by almost 23%. This may indicate that larger scale projects may have been
permitted this year than there were last year. It may also imply an increase in construction costs. A
breakdown of all new construction by jurisdiction and quarter can be found in the chart below .
VOLUME: 1
ISSUE: 2
QUARTER 2
2016
INTRODUCTION
Construction Quarterly is a publication of the Berkeley-Charleston-Dorchester Council of
Governments. Inside this publication, you will find an in-depth analysis of the building permits and
construction trends around the region for the previous quarter. The data provided is collected
monthly from the jurisdictions and compiled into this quarterly report. Permits for some smaller
jurisdictions are issued by the county in which the are located. These permits are recorded as part
of the unincorporated totals of each county. We hope you find this report useful and welcome your
feedback.
# $ # $ # $ # $ # $
UNINCORPORATED BERKELEY COUNTY 371 $115,580,654 186 $54,525,618 183 $48,719,699 250 $270,382,812 184 $53,633,115
CITY OF CHARLESTON 16 $5,748,643 29 $42,425,584 4 $1,319,000 77 $83,772,880 62 $61,363,371
GOOSE CREEK 62 $10,501,180 60 $22,450,529 65 $7,827,662 49 $20,507,389 75 $34,469,662
HANAHAN 18 $27,988,205 6 $1,323,490 12 $2,710,215 5 $1,143,881 18 $6,835,051
MONCKS CORNER 58 $13,025,659 51 $13,808,643 39 $13,524,501 56 $14,653,416 86 $27,050,332
SUMMERVILLE 525 $172,844,659 332 $134,533,864 303 $74,101,077 3 $732,000 7 $1,774,472
TOTAL BERKELEY COUNTY 1,050 $345,689,000 664 $269,067,728 606 $148,202,154 440 $391,192,378 432 $185,126,003
UNINCORPORATED CHARLESTON COUNTY 131 $46,546,607 141 $46,968,817 120 $56,060,237 122 $42,952,246 98 $39,365,149
CITY OF CHARLESTON 307 $88,155,833 274 $117,109,211 204 $239,793,129 377 $223,641,666 351 $150,278,470
FOLLY BEACH 20 $5,712,025 4 $1,869,000 4 $1,232,000 3 $756,601 3 $1,558,875
ISLE OF PALMS 10 $6,974,574 6 $7,015,560 4 $2,609,907 6 $6,280,000 5 $3,870,000
NORTH CHARLESTON 67 $14,430,906 116 $108,592,615 143 $110,148,247 124 $63,909,837 161 $99,571,086
MOUNT PLEASANT 274 $117,348,512 295 $125,788,070 191 $64,648,856 321 $117,556,488 252 $115,880,086
SULLIVANS ISLAND 4 $5,640,000 5 $4,217,343 8 $10,123,500 4 $2,993,740 3 $2,285,000
SUMMERVILLE 4 $488,000 5 $856,000 4 $863,000 15 $2,638,000 29 $4,367,000
TOTAL CHARLESTON COUNTY 817 $285,296,457 846 $412,416,616 678 $485,478,876 972 $460,728,578 902 $417,175,666
UNINCORPORATED DORCHESTER COUNTY 162 $45,559,301 131 $38,071,439 103 $26,094,992 129 $37,969,765 161 $47,610,311
NORTH CHARLESTON 9 $867,469 1 $46,000 28 $35,871,470 73 $9,543,747
SUMMERVILLE 46 $10,920,000 63 $20,657,001 44 $15,297,100 76 $17,663,100 43 $15,411,053
TOTAL DORCHESTER COUNTY 217 $57,346,770 194 $58,728,440 148 $41,438,092 233 $91,504,335 277 $72,565,111
REGION TOTALS 2,084 $688,332,227 1,704 $740,212,784 1,432 $675,119,122 1,645 $943,425,291 1,611 $674,866,780
ALL NEW CONSTRUCTION BY JURISDICTION
JURISDICTION2015: Q2 2015: Q3 2015: Q4 2016: Q1 2016: Q2
QUARTERLY CONSTRUCTION
2
ALL COMMERCIAL CONSTRUCTION
Commercial Construction permits account for construction of non-residential structures, such
as hotels, office buildings, warehouses and other industrial use buildings. In the second quarter of
2016, permitting of this type decreased by over 43% ($200 million) as compared to the first quarter
of 2016. This decrease can be attributed to the influence of the Volvo project in the first quarter (9
permits for over $192 million). However, the overall value of commercial construction permits in
quarter two totaled $262.4 million, which is more than double the value of quarter two results from
2015.
The City of Goose Creek also had a large drop in commercial permits, from $15million last quarter
to $2million this quarter. However, a closer look at previous quarters shows that this type of ebb
and flow in permitting is typical for this jurisdiction.
Interestingly, the City of Charleston has been the leader in commercial permitting, both in number
of permits issued and total permit value for the last three quarters. Not surprisingly, the commercial
permits for the region have been concentrated primarily in the urban areas, principally on the
Charleston peninsula.
A breakdown of commercial permits by quarter and jurisdiction can be found below. A map
depicting commercial permit clusters can be found on the next page.
# $ # $ # $ # $ # $
UNINCORPORATED BERKELEY COUNTY 24 $17,634,217 11 $3,097,934 8 $9,110,648 40 $211,469,337 15 $5,833,101
CITY OF CHARLESTON 3 $1,760,283 12 $3,587,941 15 $5,348,224 26 $28,487,044 17 $49,638,346
GOOSE CREEK 6 $2,899,090 6 $14,446,501 7 $1,257,130 9 $15,220,822 11 $2,240,255
HANAHAN 4 $23,113,856 1 $52,964 4 $115,337 1 $100,000 3 $2,260,407
MONCKS CORNER 2 $329,601 2 $102,592 2 $603,684 4 $264,202
SUMMERVILLE 3 $732,000 7 $1,774,472
TOTAL BERKELEY COUNTY 39 $45,737,047 32 $21,287,932 34 $15,831,339 81 $256,612,887 57 $62,010,783
UNINCORPORATED CHARLESTON COUNTY 13 $10,685,547 18 $2,251,165 23 $9,889,987 14 $3,453,700 9 $5,723,022
CITY OF CHARLESTON 63 $26,702,118 46 $45,488,103 57 $164,424,398 127 $121,887,831 108 $87,899,171
FOLLY BEACH 1 $15,000
ISLE OF PALMS
NORTH CHARLESTON 26 $9,635,588 49 $100,602,952 44 $94,850,133 62 $52,182,077 74 $72,839,555
MOUNT PLEASANT 25 $22,904,700 34 $24,201,009
SULLIVANS ISLAND 1 $102,200 10 $346,107 1 $2,000
SUMMERVILLE
TOTAL CHARLESTON COUNTY 102 $47,023,253 114 $148,444,420 134 $269,510,625 230 $200,445,308 225 $190,662,757
UNINCORPORATED DORCHESTER COUNTY 17 $10,250,389 7 $4,193,000 17 $464,992 9 $3,817,415 17 $7,332,053
NORTH CHARLESTON 1 $45,250
SUMMERVILLE 3 $203,000 16 $10,014,001 14 $8,838,100 9 $1,638,000 8 $2,396,429
TOTAL DORCHESTER COUNTY 20 $10,453,389 23 $14,207,001 31 $9,303,092 19 $5,500,665 25 $9,728,482
REGION TOTALS 161 $103,213,689 169 $183,939,353 199 $294,645,056 330 $462,558,860 307 $262,402,022
ALL COMMERCIAL CONSTRUCTION BY JURISDICTION
JURISDICTION2015: Q2 2015: Q3 2015: Q4 2016: Q1 2016: Q2
QUARTERLY CONSTRUCTION
3
QUARTERLY CONSTRUCTION
4
ALL SINGLE-FAMILY RESIDENTIAL PERMITS
Single Family (SF) Residential Construction can best be defined as a free-standing residential
structure, designed to house one family unit. Single Family construction does not generally include
townhouses, duplexes, condos or apartments. These types of permits are compiled separately.
In the region, the number of single family residential permits decreased from 1,213 in the first
quarter of 2016 to 1,165 in the second quarter. The permit values also decreased from $324 million
to $307 million in the same time frame. A comparison of the second quarter of 2015 to the second
quarter of 2016 indicates that permits decreased in number by 8.6% and $29 million in value. The
regional average value of a single family home, however, remained fairly stable over the last 5
quarters.
The areas with the most single family construction activity in the second quarter of 2016 were the
City of Charleston (273), unincorporated Berkeley County(157), Mt. Pleasant (156) and
unincorporated Dorchester County (144). While some jurisdictions show a drop in single family
home permits, most are maintaining a consistent number and some are showing growth in this
area. For example, Mount Pleasant permitted 87 less single family homes in the second quarter
than in the first, while Moncks Corner issued 50% more single family home permits in the same
period.
A breakdown of single family permits can be found by quarter and jurisdiction in the chart below.
A map depicting permit clusters is available on the next page.
# $ # $ # $ # $ # $
UNINCORPORATED BERKELEY COUNTY 347 $97,946,437 175 $51,427,684 175 $39,609,051 210 $58,913,475 157 $45,411,815
CITY OF CHARLESTON 13 $3,988,360 8 $2,401,280 4 $1,319,000 43 $10,186,555 45 $11,725,025
GOOSE CREEK 56 $7,602,408 54 $8,004,028 58 $6,570,532 35 $4,975,417 47 $7,757,907
HANAHAN 14 $4,874,349 5 $1,270,526 8 $2,594,878 4 $1,043,881 15 $4,574,644
MONCKS CORNER 56 $12,696,058 49 $13,706,051 39 $13,524,501 54 $14,049,732 82 $26,786,130
SUMMERVILLE
TOTAL BERKELEY COUNTY 486 $127,107,612 291 $76,809,569 284 $63,617,962 346 $89,169,060 346 $96,255,521
UNINCORPORATED CHARLESTON COUNTY 102 $32,154,508 117 $43,359,692 84 $22,511,050 108 $39,498,546 89 $33,642,127
CITY OF CHARLESTON 232 $42,798,715 221 $53,049,516 143 $60,312,231 237 $42,559,335 228 $38,382,299
FOLLY BEACH 4 $1,730,025 3 $1,464,000 4 $1,232,000 2 $741,601 3 $1,558,875
ISLE OF PALMS 10 $6,947,574 6 $7,015,560 4 $2,609,907 6 $6,280,000 5 $3,870,000
NORTH CHARLESTON 41 $4,795,318 67 $7,989,663 94 $15,008,982 58 $6,775,445 80 $9,281,531
MOUNT PLEASANT 205 $68,926,167 225 $73,664,496 130 $52,018,394 243 $82,213,185 156 $62,632,212
SULLIVANS ISLAND 4 $5,640,000 4 $4,115,143 8 $10,123,500 3 $2,991,740 3 $2,285,000
SUMMERVILLE 2 $244,000 5 $856,000 4 $863,000 15 $2,638,000 29 $4,367,000
TOTAL CHARLESTON COUNTY 600 $163,236,307 648 $191,514,070 471 $164,679,064 672 $183,697,852 593 $156,019,044
UNINCORPORATED DORCHESTER COUNTY 145 $35,308,912 124 $33,878,439 86 $25,330,000 120 $34,152,350 144 $40,278,258
NORTH CHARLESTON 18 $2,477,507 55 $7,698,407
SUMMERVILLE 43 $10,717,000 40 $9,487,000 20 $4,843,000 57 $14,461,100 27 $6,807,000
TOTAL DORCHESTER COUNTY 188 $46,025,912 164 $43,365,439 106 $30,173,000 195 $51,090,957 226 $54,783,665
REGION TOTALS 1,274 $336,369,831 1,103 $311,689,078 861 $258,470,026 1,213 $323,957,869 1,165 $307,058,230
AVERAGE VALUES $264,027 $282,583 $300,197 $267,072 $263,569
ALL SINGLE FAMILY CONSTRUCTION BY JURISDICTION
2016: Q1JURISDICTION
2015: Q2 2015: Q3 2015: Q4 2016: Q2
QUARTERLY CONSTRUCTION
5
QUARTERLY CONSTRUCTION
6
ALL SINGLE FAMILY ATTACHED RESIDENTIAL CONSTRUCTION
Single Family Attached (SFA) construction permits are issued for the construction of a single family
structure that shares a common wall with another single family structure. These are generally
considered to be townhomes, but do not normally include multi -family structures such as condos,
duplexes and apartments.
Single family attached construction is not common in all of the jurisdictions. For example, some
jurisdictions haven’t issued any single family attached permits in the last year (i.e. Hanahan,
Moncks Corner, Isle of Palms and Sullivans Island). On the other hand, the Town of Mount Pleasant
issued 58 single family attached permits for a value of $14.6 million in the second quarter of 2016,
which is consistent with the town’s pattern of SFA permitting (106 permits so far this year for a
value of $27 million). North Charleston and Summerville are the only other jurisdictions that
consistently issue SFA permits. Surprisingly, the regional average value of SFA homes is not
considerably less than the regional average value of single family homes.
A breakdown of single family attached permits by quarter and jurisdiction can be found in the
chart below. Maps depicting SFA residential permit clusters are available on the next page.
# $ # $ # $ # $ # $
UNINCORPORATED BERKELEY COUNTY 12 $2,388,199
CITY OF CHARLESTON
GOOSE CREEK 5 $311,150 7 $474,500
HANAHAN
MONCKS CORNER
SUMMERVILLE
TOTAL BERKELEY COUNTY 0 $0 0 $0 0 $0 5 $311,150 19 $2,862,699
UNINCORPORATED CHARLESTON COUNTY 16 $3,706,552 6 $1,357,960
CITY OF CHARLESTON 1 $217,000
FOLLY BEACH 15 $3,465,000
ISLE OF PALMS
NORTH CHARLESTON 5 $289,132 3 $276,549
MOUNT PLEASANT 36 $8,759,919 27 $6,793,295 28 $7,330,618 53 $12,438,603 53 $14,639,077
SULLIVANS ISLAND
SUMMERVILLE 2 $244,000
TOTAL CHARLESTON COUNTY 69 $16,175,471 33 $8,151,255 33 $7,619,750 57 $12,932,152 53 $14,639,077
UNINCORPORATED DORCHESTER COUNTY
NORTH CHARLESTON 9 $867,469 1 $46,000 9 $1,048,713 18 $1,845,340
SUMMERVILLE 7 $1,156,000 10 $1,616,000 10 $1,564,000 8 $1,272,000
TOTAL DORCHESTER COUNTY 9 $867,469 7 $1,156,000 11 $1,662,000 19 $2,612,713 26 $3,117,340
REGION TOTALS 78 $17,042,940 40 $9,307,255 44 $9,281,750 81 $15,856,015 98 $20,619,116
AVERAGE VALUES $218,499 $232,681 $210,949 $195,753 $210,399
JURISDICTION2015: Q2 2015: Q3 2015: Q4 2016: Q1 2016: Q2
ALL SINGLE FAMILY ATTACHED CONSTRUCTION BY JURISDICTION
QUARTERLY CONSTRUCTION
7
QUARTERLY CONSTRUCTION
8
ALL MULTI-FAMILY RESIDENTIAL CONSTRUCTION
Multi-Family (MF) Residential construction permits are issued for a classification of housing where
multiple separate housing units are contained within one building or several buildings within one
complex. This construction includes apartments, condos and duplexes. Permit numbers generally
reflect the number of buildings, not the number of units.
In the second quarter of 2016, the City of Charleston permitted the greatest number of high
density residential developments, having issued 15 multi -family construction permits for over $32.4
million in value. Goose Creek issued 10 MF permits for nearly $24 million and North Charleston and
Mount Pleasant issued 7 MF permits each, for $17.5 million and $4.4 million, respectively. Overall, 39
permits were issued in the region, for a value of over $78.2 million; this is higher in number than the
last four quarters, but less in value than last quarter. It should be noted here that some MF permits
are now being reported in a separate section as mixed use permits when they are combined with
commercial space.
A breakdown of multi-family permits by quarter and municipality can be found in the chart below.
A map of multi-family permit clusters are available on the next page.
# $ # $ # $ # $ # $
UNINCORPORATED BERKELEY COUNTY
CITY OF CHARLESTON 9 $36,436,363 8 $45,099,281
GOOSE CREEK 10 $23,997,000
HANAHAN
MONCKS CORNER
SUMMERVILLE
TOTAL BERKELEY COUNTY 0 $0 9 $36,436,363 0 $0 8 $45,099,281 10 $23,997,000
UNINCORPORATED CHARLESTON COUNTY 13 $23,659,200
CITY OF CHARLESTON 12 $18,665,000 7 $18,571,592 4 $15,056,500 12 $58,977,500 15 $32,430,396
FOLLY BEACH 1 $517,000 1 $405,000
ISLE OF PALMS
NORTH CHARLESTON 1 $4,675,766 7 $17,450,000
MOUNT PLEASANT 1 $7,596,000 3 $12,119,994 7 $4,360,291
SULLIVANS ISLAND
SUMMERVILLE
TOTAL CHARLESTON COUNTY 14 $26,778,000 11 $31,096,586 17 $38,715,700 13 $63,653,266 29 $54,240,687
UNINCORPORATED DORCHESTER COUNTY
NORTH CHARLESTON
SUMMERVILLE
TOTAL DORCHESTER COUNTY 0 $0 0 $0 0 $0 0 $0 0 $0
REGION TOTALS 14 $26,778,000 20 $67,532,949 17 $38,715,700 21 $108,752,547 39 $78,237,687
2016: Q2JURISDICTION
2015: Q2 2015: Q3 2015: Q4
ALL MULTI-FAMILY CONSTRUCTION BY JURISDICTION
2016: Q1
QUARTERLY CONSTRUCTION
9
QUARTERLY CONSTRUCTION
10
MIXED USE CONSTRUCTION
Mixed Use (MU) Construction is a new category in the Construction Quarterly. Mixed use permits
are issued to create developments that combine commercial (retail and office space) with high
density residential units within a single structure. The idea behind this concept is that people can
live, work and play all within their neighborhood, creating an enjoyable community while reducing
traffic on the roadways.
This quarter, the Town of Mount Pleasant issued one MU permit for $5.4 million dollars. The new four
building community will be located on Six Mile Road and is comprised of 92 residential units and
commercial space.
ALL REMODAL/RENOVATION CONSTRUCTION
Remodel/Renovation construction permits are issued when a homeowner or business owner seeks
approval to update, enlarge or otherwise change an existing structure. People remodel for several
reasons, including the need for additional space and the desire to increase property values.
Remodels and Renovations are an important indicator or reinvestment in a property. (*Note that
commercial “upfits” are not included in these numbers as upfits are accounted for as new
commercial construction.)
In the second quarter of 2016, a total of 605 permits were issued in the region for a value over
$45.7 million. This is nearly a 10% drop in both number and value year -over-year. The largest issuer
of remodel/renovation permits was the City of Charleston, which issued 167 permits for $27.1
million. It is interesting to note that the City has consistently issued the most remodel permits since
the first quarter of 2015. The Town of Mount Pleasant was second, issuing 103 permits for about $6
million.
A breakdown of remodel/renovation permits by quarter and municipality can be found in the
chart below.
# $ # $ # $ # $ # $
UNINCORPORATED BERKELEY COUNTY 90 $2,093,930 70 $1,048,121 23 $994,054 63 $1,002,811 86 $1,505,856
CITY OF CHARLESTON 7 $249,260 4 $412,220 1 $29,628 6 $286,099 6 $767,799
GOOSE CREEK 1 $698,000 5 $174,210 4 $175,585 4 $272,230
HANAHAN 8 $574,883 9 $119,334 11 $69,776 5 $158,752 7 $533,159
MONCKS CORNER 1 $2,500 2 $61,435 3 $71,585 4 $37,718 10 $78,187
SUMMERVILLE
TOTAL BERKELEY COUNTY 107 $3,618,573 85 $1,641,110 43 $1,339,253 82 $1,660,965 113 $3,157,231
UNINCORPORATED CHARLESTON COUNTY 98 $5,609,914 71 $2,979,847 66 $3,229,444 59 $3,908,825 71 $4,228,569
CITY OF CHARLESTON 249 $29,076,596 151 $23,947,417 148 $11,922,064 160 $13,569,815 161 $26,332,038
FOLLY BEACH 3 $61,790 7 $605,900 10 $170,161 33 $741,601 15 $823,675
ISLE OF PALMS 2 $190,000 1 $75,398 2 $645,000 5 $1,488,716 3 $903,670
NORTH CHARLESTON 12 $3,018,980 35 $2,813,838 22 $616,843 17 $705,851 41 $1,249,719
MOUNT PLEASANT 89 $7,486,094 135 $1,344,536 114 $14,831,407 101 $7,701,415 103 $5,951,778
SULLIVANS ISLAND 5 $245,575 10 $1,911,904 2 $92,665 5 $1,054,510 11 $1,483,550
SUMMERVILLE
TOTAL CHARLESTON COUNTY 458 $45,688,949 410 $33,678,840 364 $31,507,584 380 $29,170,733 405 $40,972,999
UNINCORPORATED DORCHESTER COUNTY 105 $1,217,140 95 $1,259,107 99 $1,056,789 154 $2,850,371 81 $1,454,052
NORTH CHARLESTON 2 $320,141 2 $58,800
SUMMERVILLE 2 $259,000 10 $444,400 5 $51,289 4 $91,000
TOTAL DORCHESTER COUNTY 107 $1,476,140 105 $1,703,507 104 $1,108,078 156 $3,170,512 87 $1,603,852
REGION TOTALS 672 $50,783,662 600 $37,023,457 511 $33,954,915 618 $34,002,210 605 $45,734,082
2015: Q3 2015: Q4 2016: Q1
ALL REMODEL/RENOVATION CONSTRUCTION BY JURISDICTION
2016: Q2JURISDICTION
2015: Q2
QUARTERLY CONSTRUCTION
11
ALL OTHER CONSTRUCTION
This category of construction permitting is compiled for those projects that do not fit under any of
the other categories. These projects include, but are not limited to: swimming pools, detached
garages, sheds, porches and decks.
In the second quarter of 2016, there were 1,155 “other” permits issued for a value of $27.3 million.
That represents a 32% increase in number and $8.1 million increase in value from last quarter. The
City of Charleston issued the most permits (273) and had the highest value of permits($7.5 million).
The most frequently permitted items in the “other” category in the second quarter of 2016 were
swimming pools (126 permits) and solar panels (431 permits), more than double last quarter’s solar
permits.
A breakdown of “other” construction permits by quarter and municipality can be found in the
chart below.
ALL MOBILE HOME INSTALLATIONS
Mobile Home permits are issued for the installation or placement of a detached residential
dwelling unit complete and ready for occupancy, including location on jacks or other temporary
or permanent foundations, and connections to utilities. When placed in rural environments, they
are frequently located on privately owned property, an indication that land is valued more than
structures. When placed in an urban environment, mobile homes will usually be placed in mobile
home parks, which are zoned for this specific type of dwelling, where residents rent the space and
sometimes the mobile home itself from the owner of the park.
In the second quarter of 2016, 129 mobile home permits were issued, mostly in rural,
unincorporated areas of the region. Mobile home permits were only slightly higher in number than
last quarter (116).
# $ # $ # $ # $ # $
UNINCORPORATED BERKELEY COUNTY 58 $721,283 44 $496,635 26 $309,111 52 $714,112 54 $779,941
CITY OF CHARLESTON 11 $439,637 7 $346,470 3 $263,125 48 $1,214,510 38 $1,345,341
GOOSE CREEK 23 $298,967 25 $244,308 30 $311,675 16 $136,802 23 $323,708
HANAHAN 26 $297,361 2 $21,402 10 $171,015 44 $296,513 85 $1,355,625
MONCKS CORNER 6 $48,647 5 $99,479 4 $28,990 6 $63,000 7 $145,488
SUMMERVILLE 1 $7,000 2 $60,000
TOTAL BERKELEY COUNTY 124 $1,805,895 83 $1,208,294 73 $1,083,916 167 $2,431,937 209 $4,010,103
UNINCORPORATED CHARLESTON COUNTY 18 $794,849 11 $253,207 43 $1,422,128 164 $3,393,598
CITY OF CHARLESTON 67 $2,150,510 44 $7,874,527 10 $328,270 311 $3,977,238 235 $6,189,343
FOLLY BEACH 6 $137,600 6 $145,850 4 $59,137 27 $339,663 29 $1,013,589
ISLE OF PALMS 8 $369,135 10 $618,710 8 $394,596 19 $1,173,771 3 $217,430
NORTH CHARLESTON 15 $302,953 20 $664,495 15 $434,489 51 $1,488,225 73 $1,477,049
MOUNT PLEASANT 142 $5,017,204 114 $8,720,893 55 $3,973,190 168 $6,192,410 198 $6,887,940
SULLIVANS ISLAND 11 $450,806 8 $335,415 10 $346,107 11 $621,573 8 $383,680
SUMMERVILLE 2 $8,400 4 $21,000 1 $8,320 2 $36,900 13 $49,000
TOTAL CHARLESTON COUNTY 251 $8,436,608 224 $19,175,739 114 $5,797,316 632 $15,251,908 723 $19,611,629
UNINCORPORATED DORCHESTER COUNTY 47 $776,920 34 $379,394 21 $254,201 52 $1,007,163 164 $2,681,998
NORTH CHARLESTON 9 $273,735 7 $135,721
SUMMERVILLE 26 $692,901 8 $111,499 7 $188,000 14 $210,276 52 $836,668
TOTAL DORCHESTER COUNTY 73 $1,469,821 42 $490,893 28 $442,201 75 $1,491,174 223 $3,654,387
REGION TOTALS 448 $11,712,324 349 $20,874,926 215 $7,323,433 874 $19,175,019 1,155 $27,276,119
ALL OTHER CONSTRUCTION BY JURISDICTION
2016: Q2JURISDICTION
2015: Q2 2015: Q3 2015: Q4 2016: Q1
QUARTERLY CONSTRUCTION
12
WHERE WERE THE BIG INVESTMENT PROJECTS IN THE REGION THIS QUARTER?
JURISDICTION
CHARLESTON COUNTY (UNINCORPORATED) DATE VALUE TYPE
5/18/2016 5,200,613$ Storage Facility
4/5/2016 2,836,571$ Single Family Home-Seabrook Island
5/5/2016 2,750,000$ Single Family Home-Kiawah Island
CITY OF CHARLESTON DATE VALUE TYPE
4/29/2016 8,409,946$ Commercial Office Building
5/23/2016 14,826,067$ Assisted Living Facility
5/23/2016 6,397,331$ Clubhouse
5/23/2016 8,236,140$ Assisted Living Facility
5/23/2016 8,302,462$ Assisted Living Facility
4/25/2016 4,946,749$ Pump Station Building
4/6/2016 14,000,000$ Hotel
6/28/2016 21,960,658$ Assisted Living Facility
6/2/2016 11,250,000$ School
6/10/2016 4,500,000$ Warehouse
6/29/2016 11,764,374$ Multi-Family Residential Building
MOUNT PLEASANT DATE VALUE TYPE
4/8/2016 4,600,000$ Mixed Use Building
5/24/2016 7,600,000$ Hotel
5/3/2016 5,447,951$ Mixed Use Building
NORTH CHARLESTON DATE VALUE TYPE
4/21/2016 6,269,422$ Office Building
4/5/2016 5,177,694$ Storage Facility
4/22/2016 9,947,768$ Hotel
4/11/2016 4,140,336$ Warehouse
4/11/2016 4,245,604$ Warehouse
5/13/2016 4,200,000$ Hotel
5/11/2016 4,744,744$ Industrial Building
6/30/2016 5,042,708$ Office Building
5/17/2016 5,000,000$ Multi-Family Residential Building
5/17/2016 5,500,000$ Multi-Family Residential Building
5/17/2016 5,750,000$ Multi-Family Residential Building
4/11/2016 3,279,944$ Commercial Building
TOP 30% OF PERMITS (In Value)
SUMMARY
The relative stability of the permit activity during second quarter of 2016 provides an overall
positive outlook for the region. We expect to see an increase in higher density and/or mixed use
development to accommodate the ever-growing population.
Questions or Comments: Please contact the BCDCOG GIS Planner, Madelyne Adams, at [email protected]