Exclusive: Gervais Street to get a boost
Apr 21, 2010 11:25:00 PM - thestate.com
A major tenant planned for USC's struggling research campus, Innovista, is instead moving into a downtown Columbia office tower several blocks away.
The two high-tech companies and a specialized mainframe computer training program will relocate into five floors of the Tower at 1301 Gervais, sometimes referred to as the Wilbur Smith building.
The move, which will attract or keep 125 jobs in the downtown business district, is a coup for the Main Street-area boosters in the wake of SCANA's departure last year to a new Cayce corporate campus.
The downtown office occupancy rate has fallen to the lowest mark in decades.
The firms are going into a space being vacated by the McNair Law Firm, which is moving two blocks away to the new Main & Gervais office tower.
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