Real Estate - Commercial

Apr 29, 2024

Apartment Plans Move Ahead On Wooster Street

By Emma Dill, posted Apr 29, 2024

Plans for a new apartment complex are moving ahead near downtown Wilmington. The project, which site plans refer to as Sapphire on 5th, would include 82 apartments and just over 850 square feet of commercial space. Planned for 418 Wooster St., the complex is one of several residential buildings that have popped up in the Wooster Street corridor in recent years. Devel ...

Apr 26, 2024

On U.S. 421, an industrial building changed hands last week for nearly $12 million. The roughly 93,500-square-foot building at 3881 U.S. 421 has been home to Ferguson, a nationwide distributor of residential and commercial plumbing products, since 2009. Last year, the company extended its tenancy through 2033. The building is situated on a 9-acre tract, which include ...

Apr 25, 2024

Following last week’s announcement that a museum dedicated to Michael Jordan and his family won’t be moving forward as part of Project Grace, developers are reshuffling their plans for the downtown Wilmington site. Without the museum in the mix, Cape Fear Development, New Hanover County’s private development partner on Project Grace, is working to inco ...

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City of Wilmington

Paving the Way to Better City Streets

Posted Nov 20, 2023
Good quality streets are important to residents and businesses alike. That’s why improving Wilmington’s street infrastructure is a continued priority for City Council. In recent years, the city has developed a data-driven approach to street maintenance, which is producing real results.

While the North Carolina Department of Transportation is responsible for mos...read entire article
Apr 25, 2024

Eric Shirley, a resident of Surf City for seven years, wanted somewhere to take his family when they were tired of the beach or the weather made hanging out outdoors undesirable. “At the end of the day, it just came down to – we spend a tremendous amount of money in other markets because there’s nothing to do here for young kids,” Shirley said. & ...

Apr 16, 2024

City Club, Event Center On The Market For $7.5 Million

By Emma Dill, posted Apr 16, 2024

The City Club of Wilmington, a private dining and social club, and its adjacent event venue St. Thomas Preservation Hall are on the market for $7.5 million. The real estate listing, which became public at the beginning of April, includes the two historic buildings and their existing businesses along with another small building currently leased by coffee shop Hidden Grou ...

Apr 11, 2024

A design-build firm with a nationwide presence is growing into the Cape Fear region by opening its newest office in Wilmington. ARCO Design/Build announced last month that the firm is putting down roots in Wilmington where ARCO aims to tap into the area’s ongoing growth in both the industrial and multifamily sectors.  The company already has offices in Ral ...

Apr 9, 2024

Raleigh Construction Firm Opens Coastal Office In Leland

By Audrey Elsberry, posted Apr 9, 2024

North Carolina’s coastal growth inspired Bobbitt, a Raleigh-based construction company, to expand its office presence to Leland, the company announced on Monday. The office is located at 9600 Ploof Road in Leland in the Ploof Road Business Park. Bobbitt specializes in design-build work and commercial and industrial construction, according to company officials. Des ...

Apr 5, 2024

Banking On West Bank’s Future

By Emma Dill, posted Apr 5, 2024

After more than two years of debate, New Hanover County leaders are working to establish the guard rails that will guide any future development on the western bank of the Cape Fear River.  The recent public debate over the largely undeveloped riverbank stemmed from plans for two large-scale developments submitted to county leaders in late 2021. In light of the prop ...

Apr 4, 2024

Plans are moving ahead for a Wilmington-area company slated to become the first tenant in New Hanover County’s Blue Clay Business Park. Coastal Millwork Supply Co. is looking to build a more than 62,000-square-foot facility on roughly 5.5 acres inside the county-owned industrial park. The proposed building is scheduled to go before New Hanover County’s techn ...

Mar 29, 2024

After pulling the plug last year on a townhome and apartment project near the intersection of Oleander Drive and Independence Boulevard, a local developer is trying again with a scaled-down proposal. Dave Spetrino is proposing a project that includes 16 townhomes, 24 condos and commercial space on just over two acres at 1320 Independence Blvd., a wooded parcel at the no ...

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Insights into the 2023 Leasing Market in Wilmington, NC: What You Need to Know

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Investing in the Health of Our Communities, for Today and the Future

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As the Weather Warms, New Hanover County Remains Committed to Keeping Things Green

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Audrey Elsberry - Apr 30, 2024

Apartment Plans Move Ahead On Wooster Street

Emma Dill - Apr 29, 2024

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