May
02

Building Boom Follows Predictions for Recovery

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Dr. Bruce Yandle, dean emeritus of Clemson University’s College of Business and Behavioral Science, looked prophetic this week after a bank and a surgery center broke ground on new facilities on the Waccamaw Neck.

Yandle said an increase in construction would be the first signal that the local economy is on the rise during a presentation to the Waccamaw Regional Council of Governments economic outlook forum in Litchfield in March.

South Atlantic Bank officials expect to finish a 4,000 square foot building on Highway 17 north of the Hammock Shops by late fall. Officials from South Atlantic and builder Coastal Structures participated in a groundbreaking ceremony Tuesday morning on site bordered by Lachicotte Drive. The builder has moved 2,200 cubic yards of dirt to the site after clearing large pine trees last month. The new building will have a similar Lowcountry look and feel to the bank’s offices in Myrtle Beach and Murrells Inlet.

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