Print
Real Estate - Commercial

Partners In Riverfront Development Plan Hope For Another Chance At Zoning

By Cece Nunn, posted Dec 6, 2021
The proposed Battleship Point on land across the river from downtown Wilmington could include condos, apartments and a hotel. (File rendering)
The group that wants to create a $500 million, mixed-use project on the riverfront across from downtown Wilmington hopes to have better luck with the New Hanover County Board of Commissioners after the county's planning panel voted down a related measure Thursday night. 

The New Hanover County Planning Board recommended denial of a proposed district, Riverfront Urban Mixed-Use Zoning (RUMXZ), that would fit a proposal called Battleship Point on the west bank of the Cape Fear River.

The proposal has called for about 540 condos, 330 apartments, nearly 200,000 square feet of commercial space and a 76,000-square-foot luxury hotel. It also also called for buildings up to 240 feet, or potentially 24 stories.

"The outcome was disappointing but not entirely unexpected,” said Kirk Pugh, a Wilmington Realtor and one of the partners in the proposal, on Friday. “I think the next step for us is to evaluate the text amendment and to move forward with the county commissioners and see where that goes. We believe in the project; we believe in the benefit that it will provide the county.”

Pugh also said, "We’re evaluating all of our options and we hope to move forward as expeditiously as possible."

The partners are expected to close on their purchase of the Battleship Point site, 8 acres on an arrow point of land bordered by the Cape Fear and Northeast Cape Fear rivers, in December, Pugh has said.

Some professionals in the real estate and development industry are skeptical that such a project is feasible

The county’s planning staff recommended approval of the new zoning, but members of the planning board on Thursday had concerns about the height in the proposed district, as well as the impact on the environment and flooding. 

“I offered the applicant two opportunities Thursday night to continue the item, work with the groups expressing concerns and staff, and see if they could come back to us with a more low-impact, environmentally friendly, less dense project that would be beneficial to all involved. Unfortunately, they chose not to do that and instead asked for what we call ‘an up or down vote’ – which is their right,” said Donna Girardot, vice chair of the planning board, in an email. “The applicant then asked to continue Item #2, which was the proposed rezoning of the project itself [to the new district]."

She said the applicant can appeal the planning board's decision on the zoning district to the New Hanover County Board of Commissioners. The commissioners could consider the zoning district proposal at their meeting scheduled for Jan. 10 next year.

According to agenda documents describing the RUMXZ, the proposal includes “a district size requirement between 5 and 10 acres; allows for a maximum by-right height of 240 feet; and accommodates a maximum density of 100 units per acre, when vertically integrated as part of a mixed-use building. Aside from dimensional standards, the district prescribes architectural and design elements, and promotes multi-modal transportation options.”

If built, the Battleship Point project would contain the tallest buildings in the region, ahead of PPD's 193-foot-tall downtown Wilmington headquarters
Ico insights

INSIGHTS

SPONSORS' CONTENT
Untitleddesign2

The Importance of Real Estate Appraisals

Steve Mitchell - Cape Fear REALTORS®
2022052 75 142344351

Bridging Futures: The Case for Toll Funding in Wilmington’s Cape Fear Memorial Bridge Revamp

Natalie English - Wilmington Chamber of Commerce
Jasonpathfinder3

What You Need to Know About SECURE 2.0 and Its Effect on Retirement Plans

Jason Wheeler - Pathfinder Wealth Consulting

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

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...


Bootstrapping A Remote Option

Michelle Penczak, who lives in Pender County, built her own solution with Squared Away, her company that now employs over 400 virtual assist...


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...

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