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 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 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 [...]
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 [...]
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 [...]
The Riverwalk kick lights and light poles are installed. Our crew turned them on for the first time last night.