Real Estate - Commercial

Construction Zone: Here's What's Happening In The 6000 Block Of Market St.

By Cece Nunn, posted Jan 25, 2018
Crews are working on the first Wilmington location of CarMax in the 6000 block of Market Street. (Photo by Cece Nunn)
The construction under way at 6016 and 6020 Market St. is the first Wilmington location of CarMax, which company officials say is expected to be opening early this fall.

"We are looking forward to providing customers there with our simple and stress-free used car shopping experience. The store will have approximately 200 cars on the lot at opening, and we’re looking to hire 25 associates," said Dietta Slayton of CarMax Public Relations, in an email this week.

The  Wilmington store will be CarMax's 11th in North Carolina when it opens, Slayton said. According to company information, CarMax is the nation’s largest retailer of used cars, currently operating 185 stores in 40 states nationwide.

On Wednesday, the publicly traded company (NYSE: KMX) opened its first store in Maine, according to a news release, marking the 40th state where CarMax stores are located.

CarMax typically invests between $10 and $25 million in each store.

The company purchased the 15 acres at 6016 and 6020 Market in Wilmington for $4.5 million in May 2017.

Also on Market Street, Bordeaux Construction Company Inc. is rebuilding John J. Blair Elementary School, a bond project. The old Blair school on the site, next to the Carolina Coast Harley-Davidson at 6620 Market St., was demolished.

The New Hanover County school system has estimated that the new 574-student school will cost about $17 million, including design, construction and all other associated expenses. The new school could be complete by the end of the first quarter of 2018, and in the meantime, students are attending the new school in Porters Neck.

Story On The Map

Ico insights


Img 0621

Tax Evasion Versus Tax Avoidance

Karen Durda - Century Accounting and Tax Services, Inc.
Beckybrown 1041811127

Should You Quit Renting and Try Home Ownership?  

Becky Brown - KBT Realty
Lgoriginalheadshot 311794626

Summer is the New Holidaze

Laura Bransfield - Summerfield Custom Wellness

Trending News

New Bakeries, Including Breadsmith, Coming To Wilmington

Jessica Maurer - Feb 18, 2019

City Council Set To Consider Castle Street Property's Future

Christina Haley O'Neal - Feb 18, 2019

ILM's Travelers In January Reach A Record

Christina Haley O'Neal - Feb 19, 2019

Publix Expected To Open In Oak Island In 2020

Cece Nunn - Feb 19, 2019

KWIPPED Hires Chief Growth Officer

Christina Haley O'Neal - Feb 19, 2019

In The Current Issue

Pushing Investment Crowdfunding

After almost two years since the NC PACES Act was enacted, three companies have completed crowdfunding fillings with the state, demonstratin...

Tourism Group Names Azalea Festival Top Event

The Southeast Tourism Society recently named the N.C. Azalea Festival one of the group’s Top 20 Events in the Southeast for April this year....

Changing Tides

While some might expect the growth spurt in the town of Carolina Beach to cause major growing pains, town officials say the challenges posed...

Book On Business

The 2019 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!



Health Care Heroes 2018
2018 WilmingtonBiz Expo - Keynote Lunch with Eric Dinenberg, Rouse Properties