Print
Real Estate - Commercial

Plans Change For Harris Teeter Site In Carolina Beach

By Cece Nunn, posted Jul 14, 2020
A sign says that some Carolina Beach land that had once been a potential Harris Teeter site is now on the market. (Photo by Cece Nunn)
In Carolina Beach, gone is a sign that proclaimed land at 1000 N. Lake Park Blvd. as the future site of a Harris Teeter grocery store.

The 7 undeveloped acres owned by Jubilee Carolina LLC, a Harris Teeter entity, now holds a commercial real estate sign from MPV Properties that says the land is "for sale or build to suit."

Harris Teeter is not moving forward with the Carolina Beach store, a commercial broker said, but other businesses could be on the way. 

"Right now we're just trying to determine the interest level from various potential tenants and or uses to see what we might be able to develop there," said Steve Vermillion, managing partner in Charlotte-based MPV Properties. "We also are looking at the potential to sell the property. So we're just looking at various alternatives to determine what we're going to do or would like to do."

MPV marketing materials for the land state that the 7.08 acres has outparcels available and is "located along the busiest retail thoroughfare in Carolina Beach." A list price has not yet been assigned to the property, Vermillion said.

Representatives of Harris Teeter declined to comment on the listing.

Jubilee Carolina LLC purchased the property for $2 million in 2010, according to property tax records.

What Carolina Beach officials think could be best for the property is included in the town's proposed Future Land Use Plan, which is up for consideration by the Carolina Beach Town Council during a meeting Tuesday night.

The desired future character of the Harris Teeter property and surrounding area is higher density with a mix of uses, according to the proposed land use plan. That would mean residential uses allowed on upper stories and commercial on the ground floor, and four- to five-story buildings "with attractive street facades." 

So far, no new plans have been submitted to the town for the site, said Jeremy Hardison, Carolina Beach's planning director.

The property is adjacent to a Publix grocery store-anchored center and was involved in a lawsuit initiated by Jubilee Carolina LLC over the Publix development. Publix opened its Carolina Beach location in 2019. A ruling against Jubilee on the matter was upheld by the state Court of Appeals.

Ico insights

INSIGHTS

SPONSORS' CONTENT
Tonyharrington wrar300x300

Wilmington Real Estate In 2020

Tony Harrington - Cape Fear REALTORS®
Dallas headshot 300x300

Where To Start

Dallas Romanowski - Cornerstone Business Advisors
Chris coudriet

2020 Census Count Will Guide Important Funding For Our Region – And It’s Needed Now More Than Ever

Chris Coudriet - New Hanover County Government

Trending News

Major Facility Planned By Food Bank On Former Grocery Store Site

Cece Nunn - Aug 6, 2020

Cleaning Up Hurricane's 'big Sloppy Mess' On Water Street, Other Damage

Cece Nunn and Christina Haley O'Neal - Aug 4, 2020

Business Owners React To Extended State COVID-19 Restrictions

Christina Haley O'Neal - Aug 6, 2020

Search Committee Forming To Find The Next WDI Leader

Christina Haley O'Neal - Aug 5, 2020

After Massive Outages, Crews Work To Restore Power

Christina Haley O'Neal - Aug 4, 2020

In The Current Issue

On A Roll Logging Lab Data

Jeremy Sikorski wanted to find a better way to log lab data, so he approached Daniel Summers, a software engineer, to see if he could standa...


Sparking New Life For City's Downtown

From Thursday through Sunday, pedestrians rule some city blocks that shut down to traffic as busi­nesses take to the streets to expand occup...


Homebuilders Navigate Coronavirus

Homebuilding continues in the Wilmington area at a rapid pace, having been able to work through the coronavirus pandemic by being deemed an...

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`