Print
Real Estate - Commercial

In Downtown Wilmington, First Commercial Tenant Opens At River Place

By Cece Nunn, posted Sep 22, 2020
Axis Fitness at River Place in downtown Wilmington is open and accepting members. (Photo courtesy of Axis Fitness)
Axis Fitness opened recently at River Place in downtown Wilmington, the 13-story mixed-use project’s first commercial tenant to open its doors.

The gym’s 24-hour access key fob service is expected to be up and running by Oct. 5, said owner Mike Barnhart. The first of the year could see a grand opening for the gym (its sign on River Place is pictured below).

Counting the downtown gym, Axis Fitness has four locations in the area. The others are at Lumina Station, in Hampstead and at CastleBranch on Sir Tyler Drive.

River Place appealed to Barnhart for a variety of reasons.

“The biggest thing for us is that we look for spaces where people want to come together,” Barnhart said. “The exciting thing about River Place was that it was going to be a new space downtown. But more important than that, it was going to be a mixed-use project where there’s going to be some residents and commercial tenants.”

His target clients are “people who appreciate a space that’s super functional, super easy to get to and looks and feels like a class-A experience.”

During the COVID-19 shutdown, Axis Fitness gave away home workouts and outdoor workouts as a means of keeping its members and potential members engaged, Barnhart said. That was going to be key to coming out on the other side of the shutdowns in good shape, he said.

“And then when times get good again, we’re positioned really well and we’ve got a lot of good energy ready to come back our way,” Barnhart said.

Other commercial tenants are coming to River Place. Pizza restaurant Mellow Mushroom is expected to open in October. DGX, a high-end urban market concept from Dollar General, and Bank of America are set to open this fall, according to previous announcements.

The opening date of another tenant, Nutrition Spot, has not yet been announced.

River Place holds 92 condominiums and 79 apartments; 31,400 square feet of retail and dining establishments; 57,000 square feet of public plazas and easements; and resident amenities that include a rooftop pool, a private club and fitness facility, and 404 parking spaces, 169 of which are for public use.
Ico insights

INSIGHTS

SPONSORS' CONTENT
Untitleddesign4

Paving the Way to Better City Streets

Tony Caudle - City of Wilmington
Chris coudriet

As the Weather Warms, New Hanover County Remains Committed to Keeping Things Green

Chris Coudriet - New Hanover County Government
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

YMCA Eyes Growth With Plans For New, Expanded Facilities

Emma Dill - Apr 23, 2024

Burns, Redenbaugh Promoted At Coastal Horizons

Staff Reports - Apr 23, 2024

Cold Storage Developer Sets Near-port Facility Completion Date

Audrey Elsberry - Apr 24, 2024

Wilmington Financial Firm Transitions To Wells Fargo's Independent Brokerage Arm

Audrey Elsberry - Apr 24, 2024

Krug Joins Infinity Acupuncture

Staff Reports - Apr 23, 2024

In The Current Issue

Info Junkie: Lydia Thomas

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


MADE: Makers Of Important Papers

W.R. Rayson is a family-owned manufacturer and converter of disposable paper products used in the dental, medical laboratory and beauty indu...


With Coffee And Cocktails, Owners Mix It Up

Baristas are incorporating craft cocktail techniques into show-stopping coffee drinks, and bartenders are mixing espresso and coffee liqueur...

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