Construction is underway on Waterleaf at Leland, a 248-unit luxury apartment community in northern Brunswick County.
It's the newest multi-family development for Graycliff Capital Partners LLC, a firm based in Greenville, South Carolina, according to a news release.
Pre-leasing is expected to begin in early December 2020, the release stated. Located about 5 miles from downtown Wilmington, Waterleaf offers one-, two- and three-bedroom floor plans, as well as carriage homes.
“Knowing that Brunswick County is the fourth-fastest growing county in the United States, we strategically selected this particular site in Leland as an ideal location for a high-end, multi-family community," said Paul Aiesi, partner at Graycliff Capital, in the release.
Aiesi added, "We are confident that prospective residents – from young adults to seniors – will find Waterleaf at Leland unmatched locally in terms of quick commute to downtown, availability of essential services, superior amenities and coastal-style architecture."
Waterleaf at Leland consists of eight garden-style residential buildings, four carriage house residential buildings with attached pairings of garages, and an upscale community clubhouse, according to the release.
"The property will also feature a four-story residential building with elevator – a popular accommodation for both millennials and retirees," the release stated.
Community amenities include a 24-hour fitness center, with yoga and cycling rooms, and a resort-style, saltwater swimming pool with cabana and outdoor fireplace, according to the release.
Additional amenities include co-working spaces, a “contact-free” smart locker system, a dog park, a kayak and bike barn, a pickleball court, a green space amenity lawn and access to walking/biking trails and Westgate Nature Park.