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Real Estate - Residential

Apartment Developer Tied To Midtown Rezoning

By Johanna F. Still, posted Jan 17, 2022
A neighborhood meeting is planned this month for the proposed conditional rezoning of land located across the street from The Pointe at Barclay. (Photo by Parker Nunn)

Property located across South 17th Street from The Pointe at Barclay shopping center could soon be rezoned. 

The undeveloped land – one of the city’s few remaining wooded properties – is owned by Graham Cameron AG & Timber Co. LLC. 

An online neighborhood meeting is planned for Jan. 27, according to signs posted on the property. It is being hosted by Wilmington real estate attorney Matt Nichols. 

Representatives for Middleburg Communities will speak at the meeting, including Jason Pfister, the company’s vice president of land entitlements, and Alexi Papapieris, vice president of development. Middleburg invests, develops and constructs multifamily projects across the Southeast and mid-Atlantic U.S., according to its website.

One 7.6-acre parcel proposed to be rezoned – which borders Hanover Heights and Bellingham Park Apartments – has frontage on South 17th Street. An adjacent 137-acre parcel fronts South 17th Street and Independence Boulevard. 

The small parcel and a portion of the larger parcel are proposed to be conditionally rezoned. However, it is unclear at this point what zoning classification the property owners will seek; the small parcel is zoned office & institutional and the large one is designated regional business. The project has yet to appear on the city of Wilmington's technical review committee or planning commission docket. 

In October, Virginia-based Middleburg sold its 250-unit apartment community Mosby at Riverlights for $63.8 million. Last month, the company sold its 332-unit project in Myrtle Beach, Mosby Carolina Forest, for $76 million.

Nichols, Graham Land Management, Middleburg and city of Wilmington representatives could not be immediately reached before press time. 

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