OneSpartanburg, Inc. President and CEO Allen Smith says Spartanburg is rebounding from the financial shutdown introduced on by the coronavirus pandemic and will probably be higher than ever.
Smith together with group and enterprise leaders met Thursday for the newest replace from the Bringing Back the ‘Burg Enterprise Restoration Process Drive. The duty power was created final yr to guide the county’s financial restoration from the pandemic.
Spartanburg County Councilman David Britt, who co-chairs the duty power, made the large announcement — the duty power already has achieved all however certainly one of its 19 targets, together with six of its seven data-driven benchmarks, as of Might.
“It provides me an important sense of not solely aid however satisfaction. All of the work that we have executed for the final 13-14 months has actually made a distinction,” Britt stated. “It additionally provides me an important sense of satisfaction that I dwell in a group like Spartanburg County that has individuals who care.”
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The duty power’s goal was to carry quite a few financial success markers again to 80 % of their 2019 numbers following the beginning of the pandemic.
“We not solely met these metrics, we far exceeded most of them,” Britt stated.
A number of the successes embrace:
- 2021 Capital penny gross sales tax collections have elevated since 2019. The numbers are 122 % of what they have been in 2019.
- Morgan Sq. space customer rely is again to 83 % of what it was in 2019.
- Spartanburg County constructing permits are at 97 % of what they have been in 2019.
- 2021 Hospitality tax collections additionally exceed 2019’s collections. This yr noticed a 112 % enhance.
- RevPAR, or the income per out there resort room, is again to 83 % of what it was in 2019.
- The countywide unemployment price has dropped considerably — from a excessive of 15 % in 2020 to three.7 % as of Might.
Moreover, Britt stated, 3,100 new jobs have been created and greater than $1.1 billion has been invested within the county because the starting of the yr.
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One place the place the native economic system remains to be lagging? Air journey. The passenger rely at Greenville-Spartanburg Worldwide Airport remains to be catching as much as its pre-pandemic numbers. Presently, the airport is seeing about 51 % of the enterprise and leisure journey it had in 2019. Nevertheless, its cargo enterprise is booming, with a 159 % enhance over 2019.
Whereas the duty power has achieved its targets, Smith stated there may be nonetheless onerous work forward and the group will proceed the work.
“Actually right this moment, we’ll begin the event of our OneSpartanburg Imaginative and prescient Plan 2.0, which is our ’22-’26 group and financial improvement technique,” Smith stated. “We have been targeted on ensuring our group can climate the storm. Now, we’re positioning Spartanburg to be very profitable within the long-term future.”
Samantha Swann covers Spartanburg County Ok-12 faculties and schools and the meals scene in downtown and past. She is a College of South Carolina Upstate and Greenville Technical Faculty alumna. Contact her at JSwann@gannett.com.