The Advocates: Mount Pleasant's Economic Development Strategy

Charleston SC

01 April, 2022

6:27 AM

Description

Press release from the Charleston Metro Chamber of Commerce: March 25, 2022 Last week, Mount Pleasant Town Staff presented the town's new Economic Development Strategy to the Chamber. The population in Mount Pleasant has doubled since 2000 to almost 91,000 residents in 2020. This significant population growth has been met with equally significant increases in both the rent and average sale price of a home. As population and home prices continue to increase, Mount Pleasant looks to improve the jobs-to-housing balance in the town. Currently, 72 percent of those living in Mount Pleasant work elsewhere and 74 percent of those living in Mount Pleasant are employed elsewhere. To prioritize the existing strengths for economic development in Mount Pleasant and address its weaknesses, the consultants identified four key development zones: Patriots Point, Wando Welch/Long Point Rd., Johnnie Dodds Blvd. infill and Carolina Park. They also identified key needs and growth priorities. This press release was produced by the Charleston Metro Chamber of Commerce. The views expressed here are the author's own.