Print
Real Estate - Commercial

Coming To Downtown Wilmington: Mellow Mushroom

By Cece Nunn, posted Feb 12, 2019
Downtown Wilmington is getting a Mellow Mushroom, possibly by next year.

The pizza restaurant has joined the tenant roster for River Place, the more than $80 million mixed-use project under construction at 200 N. Water St., according to an announcement by Wilmington-based commercial real estate firm Cape Fear Commercial.

Down By the River LLC, doing business as Mellow Mushroom, recently signed a lease for 4,580 square feet of space on the ground level of the 13-story development, marking the restaurant chain’s third location in the local market, the release stated.

Cape Fear Commercial served as a dual agent in the lease transaction, with Patrick Riley representing the landlord, East West Partners, and Howard Coupland representing the tenant, according to the release.

Chapel Hill-based East West Partners is redeveloping the site of the former Water Street parking deck in partnership with the city of Wilmington to create River Place.

East West partner Lee Perry said in the release, “We were seeking an energetic and casual dining atmosphere to activate this marquee outdoor waterfront space at the corner of Chestnut and Water Streets, and we believe Mellow Mushroom to be the perfect fit. With Circa Restaurant Group, Axis Fitness and Mellow Mushroom onboard as anchor tenants for River Place, the table is now set to pull pedestrian foot traffic north along the Water Street riverfront."

Mellow Mushroom was founded in Atlanta in 1974. 

Local Mellow Mushroom franchisees Robert Ray and Kevin Dukes opened their first store on Oleander Drive in 2003 and just recently completed a renovation of the establishment, the release stated. The duo also operates another location on Causeway Drive in Wrightsville Beach, which they opened in 2011.

“The folks of Wilmington and Wrightsville Beach have been so good to us, and we are just very excited to finally be a part of downtown Wilmington,” Ray said in the release. “We looked at a spot in the area 15 years ago for our first store, but as it turned out, ended up on Oleander Drive. Over the years, we have always wondered what could have been, so we are thrilled for the opportunity to be part of such an epic project on the riverfront and can’t wait to be a part of a community where we are already friends with so many businesses.”

According to a statement from Riley in the release, “There has been an uptick in retail leasing activity now that construction of River Place is underway. With the execution of Mellow Mushroom’s lease, 60 percent of the project’s 32,000 square feet of commercial space is now pre-leased.”

In addition to the retail component, River Place will feature luxury condominiums and apartments, as well as public and private parking once complete.

The release stated that Ray and Dukes expect to open their new downtown location by April 2020.
Ico insights

INSIGHTS

SPONSORS' CONTENT
Webilm julieformal kellystarbuckcom mg 5471

Business is Growing at the ILM Business Park

Julie Wilsey - Wilmington International Airport
Headshot2

The Importance of Establishing a Support System for your Educational Journey

Dani Somers - North Carolina Wesleyan
Img 1576c1

Is Diversification Oversold?

Eddie Nowell - South Atlantic Capital Management Group

Trending News

In Wilmington, Lidl Store Under Construction, Set To Be Done By August

Johanna Cano - May 20, 2019

New Businesses, Dwellings Spring Up In Carolina Beach

Cece Nunn - May 20, 2019

In The Current Issue

MADE: Churning Out Profits

All the company’s handcrafted sandwiches are made in Wilmington, starting with homemade cookies and small-batch ice cream....


Columbus Ship Replica Comes To Wilmington

Modeled after the Santa Maria, the Nao Santa Maria has been on display at Port City Marina...


The Economy Of Outdoor Offerings

Outdoor venues provide spaces to let the good times roll, but is the money rolling in too? It seems to be. Despite last year’s hurricane, ti...

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!


Galleries

Videos

2019 WilmingtonBiz Expo Keynote Lunch - CEO, nCino, Pierre Naude`
Transporting the Future - Power Breakfast 3.12.2019
Health Care Heroes 2018