Wilmington's northern riverfront got another boost Wednesday as a Raleigh company announced plans to build a 300-unit, $50 million apartment complex along Port City Marina between PPD's headquarters and the Wilmington Convention Center. Construction is expected to begin on the project, the Pier 33 Apartments, in the fall with completion about 16 months later, according to [...]
The Port of Wilmington Cold Storage facility was featured in a recent article in the Star News. The facility is now slated to be roughly 102,00 square feet rather than the initial 75,000 square feet as initially planned. Principal, Chuck Schoninger, expects the facility to break ground in May of 2014 and be fully operational [...]
USA InvestCo Principal Chuck Schoninger has accepted a position on the Board of Directors of the North Carolina Foreign Trade Promotion Council. The organization was spearheaded by state Representative Rick Catlin, and has selected John G. Hayes, PhD as its First Executive Director. Recently, Dr. Hayes has been the President of the North Carolina World [...]
Coastal Construction Crews are nearly done with the installation of the stormwater system on Harnett Street in Downtown Wilmington.
The Aspen Institute College Excellence Program named Cape Fear Community College as one of the nation’s top 150 community colleges, according to a recent announcement. This prize is the nation’s signature recognition of high achievement and performance among America’s community colleges, according to a news release. The award is given out every two years and focuses [...]
The 2013 EB-5 Annual Report displays the breakdown of EB-5 Visas issued by regions. Asia claimed the majority of the visas issued with 6,966 visas of the 7,312 total visas issued. Europe claimed second place with 150 visas. You can view the entire 2013 EB-5 Annual Report here.
North Carolina Governor Pat McCrory toured the Port of Wilmington last week and spoke about the promising future of the NC Ports System. McCrory met with USA InvestCo and Port of Wilmington Cold Storage principals Charles Schoninger and Chuck McCarthy. He also visited the sites of the future wood pellet and cold storage facilities. "The [...]
The Governors office and NC Department of Commerce released a press release on the Port of Wilmington Cold Storage EB-5 Project. This is USA InvestCo's second EB-5 project in the Wilmington area and will be constructed on the State Port of Wilmington. You can read the full article on the NC Commerce website: http://www.nccommerce.com/news/press-releases?udt_4733_param_detail=118570