It's a great time to take advantage of all that Daniel Island has to offer
Daniel Island is entering its third decade of commercial growth and more and more businesses are calling the island home. Currently there is 1.4 million square feet of commercial space in 52 buildings on Daniel Island, with another 600,000 SF to be built. Our two largest employers, Blackbaud and BenefitFocus, employ 2,000 of the 6,000 individuals who work on Daniel Island every day. Those two employers have room to expand even more, potentially adding another 1,300 employees to the daytime population of Daniel Island.
By my estimates, there are 225 individual businesses that currently work out of the 52 commercial buildings. In the past four years, nearly 60 new businesses have decided to make Daniel Island their primary address. There are another 80 new home-based businesses that have incorporated during that same period. The overall Charleston economy has had some influence on this growth, but in my opinion, a majority of this growth has been due to Daniel Island maturing into a destination that checks many boxes for business leaders and decision makers. We have 16 restaurants, with more to come, a 10 minute ride to the airport, a wide range of price points for housing, a safe walkable community and easy access to most other residential markets in town. For all of you that are Daniel Island business owners, I thank you for your commitment to the island. And for all of you that work elsewhere, please influence your company to consider Daniel Island as its home. It is a great time to take advantage of all our island town has to offer.
Over 20 years ago, the Daniel Island Company and the City of Charleston had a vision for a new master planned urban community on the Cainhoy peninsula. That vision is about to be cast in stone, solidifying a community that mixes residential, commercial and public open space in a way that very few other communities across the country can. I look forward to my next 15 years on Daniel Island and I bet our community will continue to be a strong draw for both families and businesses.
Pete Harper is a commercial real estate broker with Lee & Associates. He has 23 years of real estate experience. For 15 years he has lived and worked on Daniel Island.