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Commercial construction in the Upstate slips, report says

Staff Report
Published Jan. 21, 2014

Upstate communities issued nearly 8.6% fewer commercial building permits in 2013 than the prior year, according to a report from The Market Edge, a real estate analysis firm in Tennessee.

Residential construction activity, however, was up 19.7%, the company said.

Last year, 2,261 commercial construction permits were issued in the Upstate counties of Abbeville, Anderson, Greenville, Greenwood, Laurens, Oconee, Pickens and Spartanburg. That’s down from 2,473 in 2012. Total permit value was $808 million in 2013, The Market Edge said. Abbeville and Pickens counties were the only Upstate counties to post increases in commercial building permits, from 28 to 29 and from 261 to 386, respectively.

On the residential side, 4,178 permits were issued, up from 3,491 in 2012, the analyst said. Every county in the Upstate posted gains in residential construction.

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