Print
Real Estate - Commercial

More Commercial Space, New Apartments Continue South Front Revitalization

By Cece Nunn, posted Dec 16, 2016
Mark Maynard Jr., co-director of Tribute Investment & Development Inc., stands under the skylight in a corridor of apartments that crews are completing at South Front Phase II, 1510 S. Third St. (Photo by Cece Nunn)
Since the community opened nearly five years ago, the owners of South Front Apartments have had a waiting list of people who want to live there.

The development transformed a vacant and dilapidated public housing project, Nesbitt Courts, into a successful multi-family venture. These days, the same development company is finishing adjacent apartments and commercial space in South Front Phase II, a refurbished former industrial property at 1510 S. Third St.

“Based on the success of the first phase, we wanted to continue the momentum we had here and add some more commercial space. We felt it would make it an even more vibrant community,” said Mark Maynard Jr., co-director of Tribute Investment & Development Inc..

When finished, South Front Phase II will contain 54 apartments: 10 two-bedroom units and 44 lofts and flats. In an interview at the site on Thursday morning, Maynard said quite a few of the apartments have already been leased, and two are occupied.

Eight one-bedroom apartments are expected to be finished by next week.

The first commercial tenant for the redevelopment project was announced earlier this month: Chef Vivian Howard and Ben Knight, the couple who own Chef & the Farmer in Kinston and star in the PBS show A Chef's Life, recently signed a lease for a 3,700-square-foot portion of the property at 206 Greenfield St.

Their restaurant, Benny’s Big Time Pizzeria, is expected to be serving wood-fired pizzas to customers by late summer or early fall of next year, Maynard said. He said he met with Howard and Knight recently to discuss the design of the building.

“It’s fascinating just to hear them talk about their vision for the space,” Maynard said.

More tenant announcements are likely to come soon. The orange house at 1502 S. Third St., also owned by Tribute, will become a bakery/coffee shop.

An 18,000-square-foot building where Capps Industrial Supply is located on a neighboring parcel will be home to a few new tenants, including possibly a grocery store. 

On the same piece of L-shaped property, a white building will be demolished to make room for two restaurants that will face Greenfield Street behind the Satellite Bar and Lounge. Tribute has submitted a request to the city to rezone the property from a light industrial designation to Urban Mixed Use, a request that is expected to be considered by the city’s planning commission on Jan. 4.

Originally, the South Front Phase II property housed Wilmington Printing Company and was then home to the Block Shirt Company, which closed in the 1990s.

Maynard’s father, Mark Maynard Sr., bought the property in 1999, and part of it was home to the corporate office of the Maynards’ Tribute Companies. The rest was leased to various tenants.

Mark Maynard Jr. is leading the development of South Front Phase II for Tribute. While the company is also known for building new apartments, including hundreds of units under construction in Wilmington, Maynard is used to the ins and outs of working with historic properties.

“It’s more work, but it’s more fun,” he said.

The historical nature of the buildings in South Front Phase II is part of the decor, with exposed wooden trusses in the two-bedroom apartments, for example. Amenities will include a conference room, cross training-style gym with a couple hundred preprogrammed workouts, poker room, pet wash and billiards.

A pocket garden within the community will include a sculpture by Michael Van Hout, a Wilmington artist who works with wire. He’s also completing a mural that will cover an entire wall in the entrance to South Front Phase II that pays homage to the building’s shirt factory history.

“There’s nothing else like it in Wilmington," Maynard said.

Story On The Map

Ico insights

INSIGHTS

SPONSORS' CONTENT
Untitleddesign2

The Importance of Real Estate Appraisals

Steve Mitchell - Cape Fear REALTORS®
Jessiepowellheadshot webversion

5 Reasons to Build Custom Franchise Software

Jessie Powell - Wide Open Tech
Dave sweyer 300 x 300

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

Dave Sweyer - Sweyer Property Management

Trending News

Industrial Building, Land On U.S. 421 Sells For Nearly $12M

Emma Dill - Apr 26, 2024

In The Current Issue

Funding A Food Oasis: Long-awaited Grocery Store Gains Momentum

With millions in committed funding from New Hanover County and the New Hanover Community Endowment, along with a land donation from the city...


Surf City Embarks On Park’s Construction

“Our little town, especially the mainland area, is growing by leaps and bounds. So having somewhere else besides the beach for kids to go an...


Info Junkie: Lydia Thomas

Lydia Thomas, program manager for the Center for Innovation and Entrepreneurship at UNCW, shares her top info and tech picks....

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season