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20         EXECUTIVE SUMMARY    |    LOCATION HIGHLIGHTS    |    FINANCIAL ANALYSIS    |    MARKET SURVEY

                                                            MYRTLE BEACH
             PORTS & WATERWAYS


                                                            Myrtle Beach is a major tourist destination, with more than 14 million visitors annually.
             The  Intracoastal  Waterway  and  Waccamaw  River
                                                            With  population  growth  of  37  percent  between  2000  and  2010,  an  award  winning
             are  the  two  bodies  of  water  that  run  through
                                                            community hospital system, a cost of living ranked below the national average, and
             Horry County. The area is also surrounded on the
                                                            many  educational  options  –  including  a  top-ranked  university  and  multiple  trade
             eastern side by the Atlantic Ocean, making for easy
                                                            schools – Myrtle Beach attracts new residents and investments daily.
             access for ships and boats. Ocean entry to future

             planned  inland  ports  will  become  important  to   Just in the last two years, Horry County has been named the second fastest growing

             the landscape of the infrastructure in Horry County   county in South Carolina, according to data released by the US Census Bureau. Horry

             over the coming years. Horry County is located 100   County grew from 269,000 residents to 282,000 from 2010 to 2012, a jump of 4.8% over

             miles or less from three major East Coast ports.    the two years. New residents choose the Myrtle Beach metro area for its mild climate,

                                                            golf, amenities, and, of course, beautiful beaches. Growth is expected to continue as the
             •     The Port of Charleston, 100 miles)
                                                            amenities in the region continue improving. It’s beaches have been named the third
             •     The Port of Wilmington, 86 miles
                                                            best in the nation by US News and World Report. It’s been called the 9th Greatest Golf
             •     The Port of Georgetown, 37 miles)
                                                            Destination in the World by Golf Digest. Forbes named South Carolina the second best

                                                            state in the nation to do business, and Horry County has the lowest tax rates in the state.
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