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Boeing is busy as a bee this month, analyst says

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Boeing is busy as a bee this month, analyst says

The Bi-Lo supermarket on Meeting Street changed hands in a $10.8 million real estate deal earlier this month.

It’s going to be a busy second half of July for the production crew at Boeing’s Dreamliner campus in North Charleston, with eight 787s on the final assembly floor and six more on the flight line, according to a database compiled by New York investment banker Uresh Sheth.

“I expect that there can be up to six deliveries in July from North Charleston,” Sheth, a Dreamliner enthusiast, said on his “All Things 787” website. Those deliveries would include one 787-8 for PrivatAir that was assembled at Boeing’s other Dreamliner campus, in Everett, Wash., and then ferried to South Carolina.

“One 787-8 for Kenya Airways was supposed to be delivered in June but was held up at the request of the customer for unknown reasons,” Sheth said. “Sources say that this airplane should be delivered this month, which would be the sixth delivery out of North Charleston.”

All told, Sheth said, Boeing is on track to deliver a dozen 787s this month — eight of the 787-8 and four of the 787-9 models.

Boeing says it delivered 64 Dreamliners to 22 customers through the first half of this year. That includes 19 Dreamliners — 14 787-9s and five 787-9s — built in North Charleston.

Multiple deliveries from North Charleston through June 30 include four Dreamliners to United Airlines, three to European tour operator TUI and two apiece to Xiamen Airlines, Air Canada and Air India.

The Bi-Lo supermarket on the peninsula has a new landlord.

A local real estate investment group recently purchased the high-profile grocery store at 445 Meeting St. for $10.8 million, according to county land records. The seller was Prado Pig LLC, a Duluth, Ga.-based company that paid $6 million for the 36,300-square-foot property about five years ago.

The latest sale to 445 Meeting Street Partners LLC closed July 1. The buyer is a joint venture between McAlister Development and The Peninsula Co. Both are based in Mount Pleasant.

McAlister Development CEO Anthony McAlister said Bi-Lo will remain in the 10-year-old brick retail building between Columbus and Spring streets.

“We think it is an outstanding revenue generating property in a dynamic and vibrant part of the city,” he said in a statement.

The shopping center was known for years as “Piggly Wiggly No. 1.” It was the site of the locally based grocery chain’s first full-size supermarket when it was built in 1962. Piggly Wiggly demolished the original store in 2004 and replaced it with a new structure. Bi-Lo took over 445 Meeting about two years ago, when it acquired 22 locations from the Pig.

The area around the grocery store is undergoing what McAlister described as “great change.” For example, two Hyatt hotels and a parking garage are nearing completion at the Midtown site one block to the north, and The Post and Courier’s parent is planning a large mixed-used project called Courier Square just across the street from the Bi-Lo to the south.

A Charlotte executive who runs a Virginia-based telecommunications business is hoping to sell his vacation getaway on Kiawah Island’s swanky Ocean Course Drive in expeditious fashion this week.

Timothy Biltz, CEO of Lumos Networks Corp., has commissioned an auctioneering business to line up well-heeled bidders who are in the market for the 8,308-square-foot, five-bedroom estate near one of the world’s most famous and difficult golf layouts. It’s scheduled to go on the block at 2 p.m. Tuesday.

Grand Estates Auction Co. of Charlotte is handling the live sale. It said there is no minimum bid and no reserve price. Prospective buyers must provide a $150,000 certified check or personal check with a bank letter of guarantee. Bidders will be able to submit offers remotely if they choose.

The home was built in 2000 and has views of marshland, the Atlantic and Kiawah Golf Resort’s Ocean Course, which will host the PGA Championship for the second time in 2021. It’s also equipped with a 1,000-bottle climate-controlled wine cellar, according to marketing materials.

Biltz bought the Kiawah spread in 2006 for nearly $7.8 million. The property tax bill last year was $21,727.

In a written statement, Biltz didn’t say why he’s selling the property, which he described as “special” and a place of many “wonderful memories.” His company operates an 8,000-mile fiber network. Publicly traded Lumos delivers telecom services to customers in Virginia, West Virginia, Pennsylvania, Kentucky, Ohio and Maryland.

Still waiting — but still working.

Honeywell Technology Solutions notified labor officials in late May it would have to lay off about 337 civilian workers on the Naval Weapons Station by last Wednesday if a big defense contract expires.

Since then, the Army has temporarily extended the work, and, in turn, the potential job losses, the company said last week. A spokesman said it’s “really status quo” until the contract is formally extended.

The company helps maintain prepositioned cargo ships on the Weapons Station. Its work with the Army Strategic Logistics Activity Charleston includes repairs and upkeep on a variety of ocean-going military support equipment, including armored vehicles, generators, fuel and food that can be deployed on short notice.

Morris Township, N.J.-based Honeywell was required to file in advance a public layoff notice under the federal Worker Adjustment and Retraining Notification Act to prepare its employees for the possibility the contract that supports their jobs might be coming to an end. It filed a similar layoff notice in mid-2013 after funding issues delayed some ship maintenance work at the Weapons Station.

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