For Castle St. Property, City Could Seek New Proposals Or Sell

By Cece Nunn, posted Jan 19, 2022
The city of Wilmington might seek new redevelopment proposals for the former Wave Transit property at 1110 Castle St. or sell it. (Photo by Cece Nunn)
A new request for redevelopment proposals for city-owned property on Castle Street could be coming to the Wilmington City Council by March.

The council voted unanimously Tuesday night to allow the city's staff to come up with the new RFP for 1110 Castle St. after the only proposal submitted for the 2019 request was withdrawn in December.

At issue is a former Wave Transit facility and land that one development partnership had wanted to turn into a mixed-use project, incorporating the 1948 bow-roofed structures on the site into a development with a small amount of workforce housing, market-rate residential units and commercial space. That $10 million proposal is now on the scrap heap after the city and partnership didn't come to an agreement on issues that included workforce housing.

Asked by Mayor Bill Saffo on Tuesday when a new Castle Street RFP would be available for consideration, City Manager Tony Caudle said, "I would imagine that we would be back to you no later than a March meeting with a request for proposals."

Councilman Charlie Rivenbark asked, "Would a straight-out sale also be an option?" to which Caudle replied, "Absolutely. That was the staff's original proposal on this, but we wanted to go back through the RFP process as council previously described."

On Friday, the CEO of business development firm Genesis Block, Girard Newkirk, said his company is interested in transforming the property into a hub for inclusive entrepreneurship and more. If a new RFP is issued, Genesis Block would likely submit its plans for a Genesis Innovation Neighborhood, Newkirk said.

The 2019 RFP said, "The improvements to the property and the use or services provided on site should incorporate a community asset that is inviting to the public. The proposed project should be in harmony with the surrounding neighborhood. The city is open to proposals including commercial uses, residential uses, or a combination thereof."

In 2017, the Wilmington City Council approved a resolution "that required city-owned real property identified for development with residential use to include workforce housing as one of the criteria for evaluating proposals solicited through a request for proposals. Proposals including workforce residential uses are encouraged and are likely to receive preference in consideration."
Ico insights


Ubs chadpearson headshotresized

The Three Dimensions Of Selling Your Business

Chad Pearson - UBS Decision Point Wealth Consulting
Atromitos micheallegady headshot

Straight Talk on Tech: Implementing IT in Health Care

Michealle Gady - Atromitos
Brookeskipper saltair headshot2

Improving Indoor Air Quality Requires a Systematic Approach

Brooke Skipper - Salt Air

Trending News

New Owners Announced For South Front Street Restaurant

Staff Reports - May 23, 2022

Coastal Entrepreneur Of The Year For 2022 Named

Johanna F. Still - May 24, 2022

Former First Bank Exec Named CFO Of New Hanover County

Staff Reports - May 23, 2022

World-famous YouTuber Spotlights Two Local Restaurants

Jenny Callison - May 25, 2022

Governor's Office Honors Brunswick Co. Volunteers

Staff Reports - May 24, 2022

In The Current Issue

MADE: Making A Cut In Custom Woodworking

A staple in the community for about three decades, the Wilmington custom woodworking shop also features a retail component – a unique featur...

Local Startups Aim To Innovate

Innovation helps set a startup apart from the competition, said Heather McWhorter, regional director of the UNCW Small Business & Technology...

Owners Taking Fermental To New Level

Fermental is one of Wilmington’s more unique watering holes – a bit quirky, but home to many loyal patrons who appreciate its laid-back atmo...

Book On Business

The 2022 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!



Trying to Grow a Business?
2020 Health Care Heroes
2020 WilmingtonBiz 100