Economic Development
Greenville is recognized as the economic center of South Carolina. It boasts the highest level of foreign capital investment per capita in the nation with more than 240 international firms from 23 nations located in Greenville including BMW, Hitachi, Michelin, Hubbell Lighting and many more.

Greenville County also serves as the retail hub of the Upstate with more than $12.9 billion in retail sales annually and a 26% growth over the last five years.

The Greenville-Spartanburg-Anderson MSA was ranked seventh among all MSAs by site consultants considering the top markets for economic development in the millennium.

Several major economic development projects are now underway within a one-mile radius of Magnolia Park along Greenville's Power Corridor.

Verdae Development
The 1,100-acre, mixed-use community is being developed by Verdae Properties and Verdae Development, Inc., and is bordered by I-85, Woodruff Road and Laurens Road. The Master Plan for this mixed-use community has been completed and calls for residential (single family, multi-family, and senior living), office, commercial, retail, hospitality and civic projects as well as its own Town Center and associated recreational amenities. Upon completion, Verdae will have more than 8,000 residences, 500 businesses and support approximately 15,000 jobs.
www.verdaedevelopment.com

CU-ICAR
The Clemson University International Center for Automotive Research (CU-ICAR) will establish the area as the new center of the motorsport industry. This premier Automotive and Motorsport Research Center will offer training and advanced degrees in automotive engineering and motorsport technology, and create approximately 20,000 high-paying jobs. www.cuicar.com

Millennium Campus
Adjacent to the CU-ICAR. The Millennium Campus will soon serve as the headquarters for Hubbell Lighting, a major manufacturer of lighting equipment, and other Fortune 500 companies such as Microsoft will have a presence there.
www.millenniumcampus.com

The South Financial Group Campus
The South Financial Group recently announced a $100 million capital expansion project that will create a new corporate headquarter campus. The four-phased master plan will consist of more than 375,000 square feet of office space and 600 new jobs with an average salary of about $54,000 a year in Phase One. Construction is expected to begin soon; completion of the first phase is expected in 2011.
www.thesouthfinancialgroup.com