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Mayor Steve Benjamin

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City of Columbia

Home to state government, six major universities including the University of South

Carolina (over 33,000 students), and the nation's largest Army training facility.

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ECONOMICColumbia

Columbia, SC is one of the fastest growing cities in

the Southeast and an ideal location for commercial

development thanks to our world class workforce

and high quality of life.

DEVELOPMENT

COLUMBIA’S MAJOR EMPLOYERS

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One of the top 5 highway systems in the US.

Columbia is located halfway between New York City and Miami and within a 24 hour

drive time of 66% of the total US population.

Over 64,000 miles of toll-free roadway across the state of South Carolina.

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Washington, DC

New YorkDetroitChicago

Miami

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Atlanta

Charlotte

Port of Charleston

Raleigh

Knoxville

10 Reasons to Relocate Your Business

Columbia is an

attractive location

for companies

looking to relocate

or expand their

business.

1. Proximity to clients/markets 2. Favorable legal and regulatory environment3. Stable and promising political environment4. Positive business environment5. Favorable overall tax environment

6. Access to human capital7. Lower cost of operations 8. Transparent and easy market access 9. Proximity to production facilities10. Access to distribution channels

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4 technical colleges

6 independent senior colleges

Nationally ranked

research university

T R A I N I N G

WORKFORCE

TRAININGC o m p e t i n g G l o b a l l y

HIRING

DEMAND

Business

Service

TECHNOLOGYKnowledge

TRAINING

COLUMBIA w o r k f o r c e

W ORKFORCE

C OLUMBIA, SC

Service

TRAINING

Competing Globally

DEMAND

B u s i n e s s

ServiceE M P L O Y E D

DEMAND

WORKFORCE

Competing Globally

SC Trains

Business

Knowledge

Business

TRAINING

DEMANDCompeting Globally

Business

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The University of South Carolina

Moore School of Business is

for having the

#1 International

Business Degrees Program.

workforce training programs available to qualified employers at a minimal cost.

readySC is one of the nation’s premier

recognized

TRAINING

No sales tax on manufacturing

No state property/local income tax

No unitary tax on worldwide profits

A 5% corporate income tax rate

We offer a wealth of opportunities so that businesses can maintain low operating costs

No wholesale tax or inventory tax

CORPORATE COMPETITIVE ADVANTAGES

Growth is necessary for successful businesses.

Columbia, SC offers a variety of tools to help businesses

succeed.

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$33,199$32,841

$30,667

$0

$5,000

$10,000

$15,000

$20,000

$25,000

$30,000

$35,000

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1. Columbia, SC 2. Greenville-Anderson-Mauldin, SC 3. Charleston-North Charleston, SC 4. Augusta-Richmond County, GA-SC 5. Myrtle Beach-Conway-N. Myrtle, SC 6. Spartanburg, SC 7. Florence, SC 8. Hilton Head Island-Bluffton-Beaufort, SC9. Sumter, SC

1.4% from 2012

2% from 2012 1.5% from

2012

Metropolitan Area, 2012-2013Real Gross Domestic Product (GDP)

2013

2012

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ECONOMIC GROWTH - GDP

IT-oLogy: State of the art facilities, world-class data center with one of only 90System Z servers

USC /Columbia Technology Incubator: Home of nearly 50 companies with an annualsales volume of $17M

Blue Cross Blue Shield of SC: Approx. 6,400 professionals

INFORMATION TECHNOLOGY

Key Partners:

Columbia ranked 2nd in the Top 25

Metros for High-Tech Employment

Growth

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Insurance technology and services is a cluster which has a $7 billion regional impact.

The iTsSC (Insurance Technology and Services of SC) cluster focuses on workforce

development, industry marketing, and IT education initiatives.

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South Carolina has some of the nation's lowest power costs.

Columbia, SCBoston, MAChicago, IL

Columbus, OHDes Moines, Iowa

Hartford, CTToronto, CanadaSilicon Valley, CA

These 8 Regions are Driving Insurance Technology Innovation in North AmericaMore than 15,000 people are employed in

insurance tech companies in the area, including:

Columbia is home to a diverse group of manufacturers that produce a variety of

high tech products.

ADVANCED MANUFACTURING

Highly skilled workforce and strong network of suppliers and customers.

Pro-business regulatory and tax environment and low cost operating climate.

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Key Partners:

Columbia has a robust healthcare industry comprised of multiple hospitals and

specialized care facilities, all supported by local college training programs within a few

minutes of downtown.

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Providence Hospital:Approx. 2,000 health care professionals

Palmetto Health: Approx. 8,400 employees & 1,000 physicians

University of South Carolina School of Medicine: Approx. 2,600 health care professionals

Key Partners:

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esHEALTHCARE

The University of South Carolina is actively involved in advanced research, including

neuroscience, bioengineering, and cancer studies.

Healthcare is a major employment driver in the

Columbia area.

Columbia is supported by Palmetto Health and

Providence Hospital as well as Lexington Medical

Center and the Dorn VA Medical Center.

LABOR & LAND

Columbia is home to one of the best labor forces in the nation and supports the development of human capital with nationally renowned job training assistance programs. Columbia is one of the fastest growing

metropolitan areas in the United States at 19% over 10 years.

Columbia is business ready with enough office, retail, warehouse, industrial space, and undeveloped land to suit the needs of any company looking to expand or relocate to the area.

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Columbia is in close proximity to major markets and is nationally ranked among the

top five cities for highway connectivity.

Our city is a UPS Air Cargo hub, ensuring low transportation costs and timely shipping.

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8th

110 miles via Interstate 26from the deep-water

Port of Charleston

The Port of Charleston sails to most international markets

largest in the US by cargo value

TRANSPORTATION & CONNECTIVITY

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In the next 20 years, it’s projected that over 1,000,000 residents will reside in the Midlands, with 22 new schools and 1,700 new

housing units necessary to sustain population growth. with 22 new schools and 1,700 new housing units necessary to sustain that

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Trulia’s Housing Economist Ralph McLaughlin cited Columbia, SC as one of the

10 hot real estate markets to watch in 2016.

“Although history runs deep in Columbia, an indie spirit is taking root — artisans, foodies, and musicians are bringing new energy to the capital of Southern hospitality. Ginny Gaylor, Writer Editor

for Trulia

One of the 10 Hot Real Estate Markets To Watch In 2016

Ranked number 8 on MSN Real Estate’s “Most-Livable Bargain Markets.”

Columbia is a “capital city with lots of historic charm.”

Photograph by Sergio Aparicio

Color Photographs by Brett Flashnick/Flashnick visuals llc.

Courtesy of columbiacvb.com

Ranked number 5 by the editors of Kiplinger’s

Personal Finance Magazine, citing good jobs and reasonably priced homes.

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Downtown Columbia is expected to grow to 40,000 residents by 2030 The Midlands region as a whole is expected

to grow to a population of 1.2 million by 2040 according to a report by the Central

Midlands Council of Governments. The centerpiece of the region will be downtown

Columbia, which has seen an unprecedented investment of $1.4 billion since 2011.

Looking for Private Sector Partners

COMMERCIAL OFFICE SPACEDEVELOPMENT OPPORTUNITIES

Municipal Complex Concept

The City spatial needs assessment estimates

for a 250,000 square foot municipal building

(10 floors at 25,000 square feet per floor)

The City of Columbia is actively seeking

private sector partners interested in

relocating to Columbia or developing

commercial office space in partnership with

the City.PU

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The City is also looking for private sector partners with an interest in the development and operation of structured parking facilities

in downtown Columbia.

OPPORTUNITIES FOR PARKING FACILITY PARTNERSHIPS

Looking for Private Sector Partners

PUBLIC SAFETY

“Policing Excellence through Community Partnerships”

Columbia, SC Police Department

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President Barack Obama recognized the Columbia Police Department

in 2016 for their task force implementation on 21st Century Policing.

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City of Columbia Office of Economic Development - 1201 Main Street, Suite 250 - Columbia, SC 29201 - P: 1-803-734-2700 - E: development@columbiasc.net

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Created by Sergio Aparicio