Business View Magazine | May 2019
283 BUSINESS VIEW MAGAZINE MAY 2019 In another recently completed project aimed at attracting businesses, funds from the city, the county, and a federal TIGER grant went into a 2½ year project to redevelop the entranceway into the city – a route called Boundary Street. Utilities were relocated underground, and travel lanes, medians, and pedestrian walkways were all redesigned. There is also a redevelopment overlay for that one mile, so new businesses coming in can model their designs after expectations in that corridor. The first new development broke ground just a few weeks ago. With a total project cost of $33 million, the expected return on investment is about $150 to $160 million of new investment along that stretch of Boundary Street. Prokop sums up the highlights of what Beaufort has to offer: “We are building on our historic founding and architecture, but we’re also being prepared for the technology that’s needed for the future. In between that, we’re improving our infrastructure, whether it’s flood control, storm water, or the recently finished Boundary Street project. And, at the same time, we’re looking ahead and planning for the future. Like our tagline says: Beaufort is where history, charm, and business thrive.” BEAUFORT , SOUTH CAROL INA
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