Real Estate - Residential

Planned Apartments Aim To Meet Demand For 'Missing Middle Housing'

By Cece Nunn, posted Sep 10, 2020
The three-story mixed-use building called Ardmore is planned for the corner of South 17th and Church streets in Wilmington. (LS3P rendering courtesy of Dave Spetrino)
A mixed-use building planned for the corner of South 17th and Church streets in Wilmington aims to fill what some describe as a void in the area's housing offerings.

The three-story structure called Ardmore includes 25 units with a mix of studios/lofts and one- and two-bedroom apartments, said developer Dave Spetrino, president and founder of Wilmington-based PBC Design+Build.

"We’ve placed two commercial spaces (about 1,700 square feet) on the ground level for neighborhood shops/services along with a small outdoor courtyard/gathering space," Spetrino said in an email Thursday describing the development.

He said rents at Ardmore will range from $900 to $1,200 a month, which includes water, sewer, trash, cable and WiFi.

"In 2018, Glenn Harbeck introduced me to the 'Missing Middle [Housing]' movement as it relates to infill development and encouraging walkable/ connected neighborhoods for a mix of income ranges. It immediately resonated with what we believe is an important but overlooked form of infill development," Spetrino said. "Much of the design, placement and product type for Ardmore is geared to a resident who also sees the value in living within a walkable, vibrant neighborhood."

A conditional zoning approval was received in June from Wilmington City Council, Spetrino said.

"We’re currently working our way through the technical review process with City Staff," he said "We hope to be in a position to apply for building permits in late November/early December and ideally welcome new residents by the fall of 2021."

He said financing for the project is being provided by First National Bank.

Construction is underway for another of Spetrino's projects, The Crown (rendering below), on the corner of S. 10th and Castle streets on a site bought in 2004 from the Luther Jordan family, Spetrino said.

"Our goal at that time was to replicate some of the mixed-use projects we were doing along the N. 4th corridor (namely, we wanted to replicate the Mercantile Building at 713 N. 4th)," Spetrino explained in the email. "The project got pushed to the side, then the recession, then a million other things - but we were glad to activate that site and hope to use it as momentum for some of the other planned projects that are happening between 5th and 18th along Castle."

The Crown is three stories with parking in the rear, he said. Seventeen units are residential with the same mix as Ardmore and with a commercial storefront at the corner of Castle and 10th streets of about 1,000 square feet.

"Construction is underway," Spetrino said. "We hope to be welcoming our first residents in April 2021."

The architect is Rob Romero, who Spetrino said has been "instrumental in the Kids Making It addition that we were involved with at Castle and 6th."

Financing for The Crown is being provided by First Carolina Bank, Spetrino said.
Ico insights


Dave sweyer 300 x 300

Comprehensive Tenant Screenings: How To Ensure Qualified Tenants Are Renting Your Investment Properties

Dave Sweyer - Sweyer Property Management
Mike stonestreet 300x300

Liens, Foreclosures, And Payment Plans, Oh My! How Community Associations Can Successfully Manage The Pandemic

Mike Stonestreet - CAMS (Community Association Management Services)
Headshot2 3182020512

Loud HVAC Noises Often Point To Hidden Issues

Chris Jones - Green Dot Heating & Air

Trending News

NHRMC Plans $210M Hospital In Scotts Hill

Neil Cotiaux - Oct 19, 2020

Apartments, Townhomes Coming In New Project At Echo Farms

Cece Nunn - Oct 19, 2020

Next Glass Acquires Georgia Beverage Tech Firm

Christina Haley O'Neal - Oct 19, 2020

In The Current Issue

Health Care Heroes: Health Care Professional

The Health Care Professional category honors any health care providers other than physicians or nurses whose performance is considered exemp...

Info Junkie: Randall Johnson

Randall Johnson, executive director, Southeastern Office for the North Carolina Biotech Center and NCEDA president, shares his top info and...

Health Care Heroes: First Responder

The First Responder category honors a first responder whose performance is considered exemplary by patients, peers and other health care pro...

Book On Business

The 2020 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!



2020 Leadership Accelerator: Virtual Workshops for Real Leaders
2019 Health Care Heroes
August 26, 2019 Power Breakfast: A Healthy Sale?
2019 WilmingtonBiz Expo Keynote Lunch - CEO, nCino, Pierre Naude`