Real Estate - Commercial

Restaurant, Retail Planned At Former Bank Site On Oleander

By Cece Nunn, posted Aug 11, 2017
The owner of Oleander Drive property in front of Independence Mall where a bank used to be, shown Friday, has submitted plans for a new building at the site. (Photo by Cece Nunn)
The Oleander Company Inc. has submitted site plans to the city of Wilmington for a new project on property in front of Independence Mall on Oleander Drive.

The former location of a bank, 3512 Oleander Drive next to Panera Bread could now hold a restaurant and another retailer if plans are approved by the city. The former bank building on the site was demolished last year.

Jim Smith, development manager at Oleander Company, said the new 4,200-square-foot building could hold two tenants, with 2,400 square feet for a potential restaurant and a patio for outdoor seating, and another 1,800-square-foot retail space.

"We're in the design process right now," he said.

No tenants have been announced so far. Company officials hope to start construction in October, Smith said.

In 2015, a potential Noodles and Company restaurant had been floated for the former bank building, but the deal didn't come to fruition at the time.

The Oleander Company's plan is expected to be reviewed in a meeting of Wilmington's Technical Review Committee at 11 a.m. Aug. 24.

Story On The Map

Ico insights



Are You Lucky in Retaining IT Talent?

Marty Cayton - TeamLogic IT of Wilmington & Fayetteville
Dallas headshot 300x300

Estate Planning: A Small Slice of a Bigger Pie

Dallas Romanowski - Cornerstone Business Advisors
Webilm julieformal kellystarbuckcom mg 5471

3 Ways Nonstop Air Service Grows Business

Julie Wilsey - Wilmington International Airport

Trending News

ILM Set To Get New Jet Bridge, Readies For United

Christina Haley O'Neal - Mar 21, 2018

Washington NC-based Meal Prep Service Opens Wilmington Location

Jessica Maurer - Mar 21, 2018

Open Air Dining And Drinks At Cloud 9 Rooftop Bar

Jessica Maurer - Mar 21, 2018

Nori Asian Fusion & Sushi Bar Now Open At The Pointe At Barclay

Jessica Maurer - Mar 21, 2018

GE Aviation Invested $36M In Wilmington Last Year

Christina Haley O'Neal - Mar 20, 2018

In The Current Issue

MADE Winners - Food And Beverage Category

Apple Annie's Bake Shop, Goodness Gracie Gourmet Foods and Wrightsville Beach Brewery made it onto the MADE Winners - Food and Beverage Cate...

Fort Fisher Aquarium Volunteer Honored

N.C. Aquarium at Fort Fisher volunteer Rusty Burrow recently received the organization’s top volunteer honor....

2018 MADE Honors Region’s Makers  

In the third year of our MADE Awards competition, the winners covered a wide range of products being conceived and produced in the local mar...

Book On Business

The 2018 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!



WilmingtonBiz Expo - Keynote Lunch with John Gizdic, CEO, New Hanover Regional Medical Center
Wilmington's Most Intriguing People of 2017
2017 Health Care Heroes