LCK Report: SC construction experiences manufacturing-driven strong performance
March 4, 2025
Year-End 2024 South Carolina Construction Trends Report
Key Takeaways:
- In 2024, the manufacturing sector dominated construction starts in three of the four major South Carolina markets and is anticipated to see continued growth in 2025.
- The state’s construction workforce is not keeping up with demand generated by rapid statewide growth, creating challenges in manpower availability, which impacts project scheduling.
- Tip: Monitoring changes in global political climates and understanding impacts from market dependences may prove valuable in project planning throughout 2025.
Construction Starts
Total construction starts across South Carolina rebounded from a 2023 slowdown, growing 28% in 2024 behind a booming manufacturing sector. Manufacturing starts rose across the state, nearly tripling in total value to $3.8B in 2024 from $1.3B in 2023 and just $249M in 2022. The education sector also saw substantial growth of 88% over relatively consistent low levels the prior three years. Healthcare and multi-family starts decreased slightly compared to previous years’ growth as the state’s COVID-era migration boom began to moderate.
Click here to read the full report.
ABOUT LCK
LCK is a privately held woman-owned business (WOB) jointly owned by majority partner, Mickey Layden, and Colliers | South Carolina. Since 1995, LCK has delivered a project management alternative for development of new facilities and for renovations. LCK’s experience in office, retail, industrial, government, nonprofit, healthcare, educational and religious projects has proven to be a preferred solution for many owners. Project planning, cost control, schedule compliance and quality management routinely generate cost savings for each of LCK’s clients.
