The Greater Wilmington Business Journal featured the new Wilmington City Park purchase in their most recent issue. The article discusses the City's future plans for the park, which was a major goal of the city’s Vision 2020 Downtown Plan. "Tony Caudle, Wilmington deputy city manager, said city officials hope to start planning amenities for the [...]
USA InvestCo's Port of Wilmington Cold Storage project landed a large grant from the Golden Leaf Foundation last week. The $800,000 Golden LEAF Foundation grant will assist in the development and construction of the cold storage facility on the State Port in Wilmington, North Carolina. It’s one of the last and largest grants awarded by [...]
Chuck Schoninger, Samson Wu, and members the USA InvestCo team presented information on EB-5 in the State of North Carolina on Monday. The presentation was a follow-up to the 2013 Listening Tour, held in Wilmington at the new Union Station at Cape Fear Community College. State officials were “eager” to hear the thoughts and ideas [...]
The City of Wilmington closed on a 6.63 acre piece of property just north of the Northern Riverfront Marina & Hotel Development. The land will be developed into a “passive” public park, according to a plan officials spent months hammering out. The emphasis will be green, open space adequate for crowded events and individual enjoyment alike. [...]
Last night, the Wilmington City Council approved the purchase of a 6.63 acre parcel from Riverfront Holdings II, for $3.9 Million USD. The City plans to create a passive park on the land with area for gardens and room to hold large concerts and events. "It's a historic moment," Mayor Bill Saffo said. "The city [...]
We are making exceptional progress on the Riverwalk construction. The concrete walkway and railings are nearly complete, the light poles and flag poles are up, and the benches are in place. Thanks to everyone who has worked hard to get us this far.
Chuck Schoninger and USA InvestCo were featured in a recent news article from the Greater Wilmington Business Journal. The article, entitled "Yeoman yuan, Chinese investment in Wilmington projects increase," discusses Chinese investment in the State of North Carolina through the EB-5 program. The article also discusses the Port of Wilmington Cold Storage project in more [...]