National

March 31, 2013

Once feared, redevelopment of Myrtle Beach Air Force Base has been resounding success

The federal government’s report had an ominous sounding name – “Socioeconomic Impact Analysis Study.” Its conclusions appeared to be just as ominous: the loss of nearly 5,100 jobs; as many as 1,500 homes dumped on the resale market; a 15 percent drop in students attending local schools; unemployment rates topping 20 percent; and an economic loss topping $91 million from payrolls, taxes and other revenues as soon as South Carolina's Myrtle Beach Air Force Base shut down its operations.

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