The word “infrastructure” is typically not used in everyday conversation, but it is a key element of our daily lives and fundamental to how society functions. Charleston’s growing infrastructure is necessary to support the region’s continuing advancement. 

What is Infrastructure?

Infrastructure refers to all the basic physical systems existing in a state, region, and nation that involve the production of public goods and production processes. It is the foundation upon which the structure of an area’s economy is built. Hard infrastructure includes roads, highways, tunnels, railways, and assets that make them operational like buses, vehicles, and oil refineries. Technical systems including networking equipment and cabling are also considered hard infrastructure. 

Soft infrastructure includes the institutions and human capital required to maintain an economy and deliver services to the population including government offices, law enforcement, education, financial institutions, and healthcare. All these elements are engaged in Charleston’s growing infrastructure.

7 Trends Shaping Charleston’s Growing Infrastructure 

Here are seven trends that are shaping Charleston’s growing infrastructure: 

  1. Master-planned communities have emerged as a key trend to meet the needs of Charleston’s growing population and will continue to contribute to its economic growth and sustainability. Master-planned communities are typically characterized as having amenity-rich features catering to diverse lifestyles. They embrace and include many technological features. Many incorporate mixed-use developments featuring an appealing blend of residential, commercial, and retail spaces. 
  2. Supply chain infrastructure. South Carolina is investing heavily in expanding rail capacity to handle goods for a growing state and regional economy. That includes the in-process construction of the future Navy Base Intermodal Facility and the near completion of Inland Port Greer’s expansion.  
  3. Transportation. South Carolina has developed a multimodal transportation plan which includes an interstate plan, an updated freight plan, a truck parking assessment study, a rail plan, a statewide transit plan, a strategic safety plan, and a regional public transit and human health service coordination plan. 
  4. Communication. Efforts continue to expand Charleston’s advanced and reliable communications services, all provided by leaders in the telecommunications industry. There are a growing number of Gigabit communities. 
  5. Electricity and natural gas. Greater Charleston is served by two generating electric utilities, and the region is served by four generating utilities. These power generators use a variety of fuel sources including oil, coal, nuclear, hydroelectric, natural gas, and methane, to provide a reliable and abundant power supply. That will continue to be a critical developing trend in Charleston’s growing infrastructure. 
  6. Water and wastewater. Water is naturally a defining element of Charleston and South Carolina. Significant efforts will continue to ensure that an abundant supply of fresh water is available to meet the population’s needs. 
  7. Construction starts. Commercial, manufacturing, and multifamily construction starts continue to increase supporting Charleston’s growing infrastructure.                     

Seek Expert Real Estate Services  

Caldwell Commercial Real Estate is your trusted partner in commercial real estate in Charleston, SC. We offer leasing and sales, development, and property management services. Our commercial realtors and property managers have extensive experience, so you can rest easy knowing your needs will be met with superior results and satisfaction.