Downtown Greenville Continues to Grow

Downtown Greenville Continues to Grow | Parker Group

Greenville is booming! With steady population and business growth, a revitalized downtown core, and an affordable cost of living, it’s no wonder that Greenville has become one of the most attractive destinations in the south.

Downtown Greenville is becoming a destination

No matter how you measure it, it’s clear that the city of Greenville, and downtown Greenville in particular, has been experiencing strong and stable growth for several years now. In the past 20 years, the most common sights in the downtown core have shifted from abandoned buildings to chic storefronts, trendy restaurants, and desirable residential properties.

People continue to flock to Greenville for the relatively low cost of living (approx. 4% below the national average), and the robust job market that is home to major companies like BMW and General Electric. Forbes lists Greenville as the 27th-best city in the U.S. in terms of cost of doing business, and number 60 in terms of job growth.

Greenville residents and business owners have a lot to look forward to

Perhaps the best news for current Greenville residents and those thinking of relocating here is that these trends show no signs of slowing down anytime soon. Commercial permit valuations reached a staggering high of $63 million in 2018, up from $13 million in 2016. 2019 promises more commercial growth in the downtown area and throughout the city. Residential numbers tell a similar story.

Major media publications are also taking notice of the city’s growth, as U.S. News and World Report ranked Greenville #22 on their 2019 list of Best Places to Live. Whether you’re a resident, business owner, or investor, it’s clear that there’s never been a better time to be a resident of Greenville.

Urban development is key to the city’s future growth

The heart of Greenville is its citizens, but in order to build sustainable growth for the future, you need firms that are committed to responsible urban development. Healthy growth comes when builders, developers, and business owners are committed to the future of the city, and work together to make the area better for all residents and visitors.

At Parker Group, we consider ourselves to be part of the fabric of the Greenville Community, and we are committed to helping residents and businesses find their place in our city. We offer a full line of commercial and residential development consulting services and are eager to discover what the future holds for Greenville. Reach out to us today to learn more about how our development consultants will work with you to achieve your dream project in one of the most exciting cities in America.

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