Market Overview
Located in the heart of the country's largest Historic Landmark District, Broughton Street is the downtown shopping corridor for the region with over $6 billion in annual retail sales.
Local market growth rate of 20.6%. Savannah MSA approaching 350,000 and has ten-year growth rate in excess of 13.6%. This does not include other nearby locales in the Creative Coastal Empire, such as Sea Island, Brunswick, Hilton Head and Beaufort.
In the past years, the area has experienced economic output growth of greater than 8%. Nearly all economic sectors are expanding, leading to higher forecasted job growth than in any of Georgia's other MSAs. Notable employers include Gulfstream, JCB, VeriSign, Memorial Hospital, over 350 knowledge-based businesses in the Creative Coast network and a port that has grown to become the fourth largest in the country, only second to NY/NJ on the East Coast in terms of container units.
Over 49,000 college and university students at 17 schools. The Savannah College of Art and Design has 8,200 students and encompasses over 60 buildings downtown.
Over 7 million tourists and visitors annually. Over 53 daily non-stop flights at Savannah/Hilton Head International Airport.
The entire Coastal empire has become a destination for retiring Baby Boomers.
A Rich History. Unmatched charm. Unrivaled beauty. An Exciting Future.
