Print
Government

Local Firm To Be Considered For Redevelopment Of Government Center

By Cece Nunn, posted Jan 15, 2020
The New Hanover County Government Center could be transformed through a public-private partnership. (File photo)
For the potential redevelopment of New Hanover County Government Center off South College Road, county officials recommend that elected leaders move forward with a locally based development team.

The recommendation is part of the agenda, which was released Wednesday, for the Jan. 21 meeting of the New Hanover County Board of Commissioners. The meeting starts at 9 a.m.

According to agenda documents, GHK Cape Fear/FD Stonewater of Wilmington was one of two groups that responded to the county's August request for qualifications for the potential public-private partnership (P3). The P3 would transform the former shopping mall into a project that would include new county offices and tax-generating, private facilities, such as those found in a mixed-use development.

The other respondent to the RFQ was Vermilion Campbell of Chicago.

"The evaluation team met to review and discuss the information shared by both firms and reached a unanimous consensus that, although both firms could perform the requested services, GHK Cape Fear /FD Stonewater proved to better understand the needs of the county," the agenda documents state. "They are also more familiar with the local commercial market needed to support the project, due to their local presence in our community.

"Therefore, the evaluation team recommends GHK Cape Fear /FD Stonewater as the preferred developer to enter into a non-binding memorandum of understanding (MOU) regarding the programming needs of this project, with the understanding that if terms cannot be negotiated through this process, the county will terminate negotiations and move to the second firm, Vermilion Campbell, and begin negotiations."

If the Board of Commissioners agrees with the county staff's recommendation, the next step would be to "collaborate with the development team to complete a program assessment, formulate a development and management structure including the proposed funding structure of the projects, and begin preliminary design work for the project."

The agenda documents also state, "It is expected that contract negotiations would take place following a final program assessment and plan."

According to the agenda documents, the developer chosen would have exclusive negotiation rights from Jan. 22 to June 1.

GHK Cape Fear Development was established in 2015 as a partnership between G.H.K. Developments and Wilmington-based commercial real estate firm Cape Fear Commercial. In the potential MOU, the team is referred to as Cape Fear FD Stonewater LLC. Some of GHK Cape Fear's projects include One Midtown Apartments, Dungannon Village at Autumn Hall, Publix grocery stores and 101 N. Third St., an office building in downtown Wilmington.

The Government Center is made up of three pieces that total 136,654 square feet and 15 acres. County officials have said 30,000 square feet is currently unused space, and the center is in need of $20 million worth of maintenance over the next decade or so.

The facility used to be part of Marketplace Mall, but the county bought much of it in 2005 and renovated the space for county offices. The part of the former mall occupied by Ten Pin Alley, a bowling alley, and Breaktime Billiards does not belong to the county.

Read more about this project, and the future of public-private partnerships in the area, in the Jan. 17 print edition of the Greater Wilmington Business Journal.
Ico insights

INSIGHTS

SPONSORS' CONTENT
Mike stonestreet 300x300

Want To Be An Amazing Neighbor? Five Ways To Start (And Some Things To Avoid)

Mike Stonestreet - CAMS (Community Association Management Services)
Michaelhiggins 41019104338

Guidance For A Surviving Spouse

Michael Higgins - Dignity Memorial
Burrus rob headshot 300x300

Internal Auditors Can Serve A Key Role In Tough Times

Robert Burrus - Cameron School of Business - UNC-Wilmington

Trending News

Trask Land Plans Two Communities On More Than 500 Acres

Cece Nunn - Sep 17, 2020

Judge Rules Wilmington Vacation Rental Code Illegal

Cece Nunn - Sep 16, 2020

Builder Buys Pender County Property For Single-family, Townhouse Neighborhood

Cece Nunn - Sep 18, 2020

Castle Street Project 'ready To Go' Once State, City Agreements Secured

Cece Nunn - Sep 16, 2020

Q&A: How Wilmington's Corning Facility Plays Vital Role In Optical Fiber Business

Christina Haley O'Neal - Sep 18, 2020

In The Current Issue

Bakery Gets A Taste For Success

When Brian Dickey opened Sweet D’s Cuisine, a bakery located at 2321 S. 17th St. in the old Priddyboy’s location, he thought he would be abl...


Where Will The Money Flow?

Details remain to be settled about how proceeds from a sale of the county-owned hospital would be spent and who would control it....


Service Offers Medical Care Flexibility

Wilmington Health is taking a step outside of the traditional provider role of treating patients and being reimbursed by insurance companies...

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!


Galleries

Videos

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`