Florence Business News
BUSINESS NEWS
Florence Homebuyers Face Challenges Amid Housing Inventory Surge
News Summary Florence’s real estate market witnesses an 88% increase in housing inventory compared to last year, which seems beneficial for buyers. However, despite a 10% drop in median home...
Florence Regional Airport Launches Electric Aircraft Charging Station
News Summary Florence, South Carolina, has become the first city in the state to introduce an electric aircraft charging station at Florence Regional Airport. In partnership with BETA Technologies, this...
Panda Express to Open in Florence, SC
News Summary Florence, South Carolina is set to welcome its first Panda Express at 2661 David H. McLeod Blvd, bringing its famous Chinese-American cuisine closer to locals. As construction progresses,...
New Homes Approved in Florence: Planning Commission’s Green Light
News Summary The Florence Planning Commission approved sketch plans for two new subdivisions on February 11, 2025, bringing 628 new homes to West and South Florence. Hunter’s Ridge will feature...
Joann Fabric and Craft Store Closure in Florence, SC
News Summary Florence, South Carolina will see the closure of its Joann Fabric and Craft Store as part of the company’s decision to shut down 500 locations nationwide due to...
Florence, S.C. Prepares for Economic Revitalization
News Summary Florence, South Carolina, is set for significant economic revitalization with plans for new businesses, a $180 million investment, and 600-700 jobs from a new distribution facility. The downtown...
Florence Unveils Electric Aircraft Charging Infrastructure
News Summary Florence, South Carolina, is pioneering electric aviation with the introduction of the state’s first electric aircraft charging infrastructure at Florence Regional Airport, FLO. In partnership with BETA Technologies,...
Florence Faces New Challenges as AESC Pauses Expansion
News Summary Florence, South Carolina, is confronted with a new challenge as Envision Automotive Energy Supply Co. (AESC) has paused its expansion plans for its electric vehicle battery plant. This...
Florence’s AESC Electric Car Battery Plant Expansion Halted
News Summary The State Fiscal Accountability Authority has halted a $111 million bond plan for the expansion of AESC’s electric car battery plant in Florence, South Carolina. While the main...
Finance
No posts found!
CONSTRUCTION
Florence Homebuyers Face Challenges Amid Housing Inventory Surge
News Summary Florence’s real estate market witnesses an 88% increase in housing inventory compared to last year, which seems beneficial for buyers. However, despite a 10% drop in median home...
Florence County Museum Plans Major Expansion
News Summary The Florence County Museum is preparing for a significant expansion with the addition of a new second story, promising enhanced educational and cultural experiences. Slated to begin construction...
Florence’s Home Inventory Soars: An Insight into the Market
News Summary Florence has seen a remarkable 76.3% surge in home inventory, reaching 386 homes for sale as of December 2024. The Pee Dee market also experienced a 65.8% increase,...
Florence, S.C. Allocates $2.3 Million for Water System Enhancement
News Summary Florence, South Carolina, has received a significant boost of $2.3 million for necessary upgrades to its aging water distribution system. This funding, which comes from the American Rescue...
Marketing
Florence Regional Airport Gets New Executive Director
News Summary The Florence Regional Airport is set for a new chapter with Brad Beadles stepping in as Executive Director on January 15, 2025. Beadles aims to revitalize the airport...
Florence Regional Airport Names New Executive Director
News Summary Florence Regional Airport has appointed Brad Beadles as its new Executive Director, marking a significant step towards enhancing passenger experience and expanding airline routes. With over 14 years...
Real Estate
Florence Homebuyers Face Challenges Amid Housing Inventory Surge
News Summary Florence’s real estate market witnesses an 88% increase in housing inventory compared to last year, which seems beneficial for buyers. However, despite a 10% drop in median home...
New Homes Approved in Florence: Planning Commission’s Green Light
News Summary The Florence Planning Commission approved sketch plans for two new subdivisions on February 11, 2025, bringing 628 new homes to West and South Florence. Hunter’s Ridge will feature...
Florence County Planning Commission Approves New Homes in Quinby
News Summary The Florence County Planning Commission has approved a sketch plan for a new subdivision in Quinby, set to feature 194 homes across 74 acres. This development aims to...
Florence’s Home Inventory Soars: An Insight into the Market
News Summary Florence has seen a remarkable 76.3% surge in home inventory, reaching 386 homes for sale as of December 2024. The Pee Dee market also experienced a 65.8% increase,...
New 109-Home Subdivision Proposed in Florence
News Summary The Florence Planning Commission has approved plans for a new subdivision on Meadors Road, set to feature 109 single-family homes. Named Retreat at Oakdale, the development will span...
Florence Approves New Subdivision for 900 Homes
News Summary The Florence Planning Commission has approved a sketch plan for a new subdivision that will add over 900 homes across nearly 300 acres on East Palmetto Street. This...
