On U.S. 421, an industrial building changed hands last week for nearly $12 million. The roughly 93,500-square-foot building at 3881 U.S. 421 has been home to Ferguson, a nationwide distributor of residential and commercial plumbing products, since 2009. Last year, the company extended its tenancy through 2033. The building is situated on a 9-acre tract, which include ...

Following last week’s announcement that a museum dedicated to Michael Jordan and his family won’t be moving forward as part of Project Grace, developers are reshuffling their plans for the downtown Wilmington site. Without the museum in the mix, Cape Fear Development, New Hanover County’s private development partner on Project Grace, is working to inco ...

Eric Shirley, a resident of Surf City for seven years, wanted somewhere to take his family when they were tired of the beach or the weather made hanging out outdoors undesirable. “At the end of the day, it just came down to – we spend a tremendous amount of money in other markets because there’s nothing to do here for young kids,” Shirley said. & ...

The City Club of Wilmington, a private dining and social club, and its adjacent event venue St. Thomas Preservation Hall are on the market for $7.5 million. The real estate listing, which became public at the beginning of April, includes the two historic buildings and their existing businesses along with another small building currently leased by coffee shop Hidden Grou ...

A design-build firm with a nationwide presence is growing into the Cape Fear region by opening its newest office in Wilmington. ARCO Design/Build announced last month that the firm is putting down roots in Wilmington where ARCO aims to tap into the area’s ongoing growth in both the industrial and multifamily sectors.  The company already has offices in Ral ...

North Carolina’s coastal growth inspired Bobbitt, a Raleigh-based construction company, to expand its office presence to Leland, the company announced on Monday. The office is located at 9600 Ploof Road in Leland in the Ploof Road Business Park. Bobbitt specializes in design-build work and commercial and industrial construction, according to company officials. Des ...

After more than two years of debate, New Hanover County leaders are working to establish the guard rails that will guide any future development on the western bank of the Cape Fear River.  The recent public debate over the largely undeveloped riverbank stemmed from plans for two large-scale developments submitted to county leaders in late 2021. In light of the prop ...

Plans are moving ahead for a Wilmington-area company slated to become the first tenant in New Hanover County’s Blue Clay Business Park. Coastal Millwork Supply Co. is looking to build a more than 62,000-square-foot facility on roughly 5.5 acres inside the county-owned industrial park. The proposed building is scheduled to go before New Hanover County’s techn ...

After pulling the plug last year on a townhome and apartment project near the intersection of Oleander Drive and Independence Boulevard, a local developer is trying again with a scaled-down proposal. Dave Spetrino is proposing a project that includes 16 townhomes, 24 condos and commercial space on just over two acres at 1320 Independence Blvd., a wooded parcel at the no ...

A rezoning that could bring more than 120 new townhomes to a growing part of Leland will go before town planning leaders on Monday. The requested zoning change from applicant Thomas and Hutton LLC could bring 123 townhome lots to nearly 19 acres along N.C. 133. The area is seeing an uptick residential development with more than 1,400 other residential units pending or u ...