When I told a friend and fellow Silicon Valley resident I was moving to Charleston, South
Carolina, he looked at me like I’d told him I’d been diagnosed with a terminal disease.
“Why would you move there?” he asked, his voice dripping with sarcasm, “it’s the South.”
Not even a resident yet, I found myself defending my soon-to- be new hometown.
“It’s stunningly beautiful, it’s got a great quality of life, the people are nice and there’s a growing
tech scene.” (Silicon Harbor)
My friend, never at a loss for words, didn’t know what to say.
When I arrived in Charleston, I expected to be the only Silicon Valley transplant.
I was wrong.
Within the first two months I’d met three other people who made the same move. While I
decided to branch out into real estate, my three new friends were staying in tech. Sure they’d
have to make the occasional trip out to California but they all felt very confident they could grow
their businesses just as effectively from here in what’s known as “Silicon Harbor” as they did in
Silicon Valley. Many may not know this, but we’ve got a deep pool of talent in the Low Country.
It’s why Google and Amazon have satellite office here and Blackbaud – the leading firm in online
non-profit fundraising has its headquarters on Daniel Island.
And, it’s not just our workforce that’s attracting this influx. People realize your money goes a lot
farther in South Carolina than it does in California.
Let’s do a little comparison shopping. In Charleston’s hip and upcoming Avondale neighborhood
in West Ashley, Daniel Ravenel Sotheby’s International Realty has a 4 bedroom, 2 bath, 2200 sqft house
listed at $525k. In the comparable, Cupertino, home to Apple, there is a 3 bedroom 2 bath, 1442
sqft home on the market for over $1.1 million.
You do the math!
With Charleston continuing to land on the best places in the United States lists, I predict there’ll
will be many other folks – and not just those from Silicon Valley who decide to make their home here.