Print
Real Estate - Commercial

Mixed-use Project On Oleander Drive Moves Forward

By Johanna Cano, posted Mar 21, 2019
Plans submitted to the city of Wilmington show a mixed-use commercial development proposed to replace a former movie theater on Oleander Drive.
A rezoning request from developers proposing a commercial mixed-use project on Oleander Drive, which would replace a vacant movie theater and parking lot, moved forward this week.

The request, which was given the green light by the city's Planning Commission on Wednesday night, would rezone the property on 5335 and 5429 Oleander Drive from Community Business District to O&I-1, an office and institutional district.

The proposed project would consist of three, four-story buildings housing 5,600 square feet of commercial and retail space and 223 apartments, according to proposed site plans submitted to the city.

The owner of the 8.9-acre property is Oleander Investments LLC and the applicant is Evolve Companies, a property management company in Greensboro.

Efforts to reach a representative with Evolve Companies for details on the project were not successful as of Thursday afternoon.

Proposed plans also show the addition of a bicycle and pedestrian connection to French Road, a new traffic signal at the intersection of Oleander and Englewood Drive and about 421 parking spaces.

The Planning Commission’s case review stated that Oleander Drive traffic is operating above its design capacity with an F level of service. A vehicle connection to French Road would help offset the congestion on Oleander Drive, according to the case review.

The rezoning would allow a multi-family component to replace the residential units that were eliminated overtime on Oleander Drive as that corridor became more commercial, according to applicant comments in the District Rezoning application.

The applicant also stated that the project will enhance an unsightly portion of Oleander and include investments that will revitalize the area and make it friendlier for pedestrians.

The city council’s decision on the rezoning is scheduled for April 2.
Ico insights

INSIGHTS

SPONSORS' CONTENT
Chris coudriet

Minority And Women Business Enterprise Program Aims To Increase Economic Diversity

Chris Coudriet - New Hanover County Government
Hewet60

Failure And How To Avoid It

Ron Hewett - Academy Leadership
Alexandra

Holidays And Homework

Alexandra Lysik - Cavik Insurance

Trending News

Local Bank Officials Comment On Creation Of Truist

Jenny Callison - Dec 9, 2019

N. Waterfront Park Project Could Draw Neighboring Development

Cece Nunn - Dec 9, 2019

In The Current Issue

Retired Leader Reflects On Service

Ann Hardy, who recently retired as manager of Brunswick County and received the Order of the Long Leaf Pine in October, looks back on her ca...


NHRMC Building Plans Continue

Even though New Hanover Regional Medical Center’s future ownership status remains up in the air, the health system has not pulled back on it...


Retiree Volunteers: 'We're Just Not Done Yet'

More than 6 out of 10 adults age 55 and older engage in some volunteer activity in the U.S. The sizeable number of volunteering retirees can...

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 Health Care Heroes
August 26, 2019 Power Breakfast: A Healthy Sale?
2019 WILMA Leadership Accelerator
2019 WilmingtonBiz Expo Keynote Lunch - CEO, nCino, Pierre Naude`