Preservation of the historic building that houses the conference and event center, which will be incorporated into the project, is a priority, McLamb said. Groundbreaking on the Aloft Hotel is expected to take place in the first quarter of 2018, with an estimated 16-month completion schedule.
A different set of developers hope to break ground on another project, NoFo Lofts at 1101 N. Fourth St., around the first of the year in 2018, architect Clark Hipp said Thursday night.
Revitalization efforts like what's been happening to North Fourth Street and other downtown areas takes time, Hipp said.
"They require commitment, local, long-term commitment from people, and that's how these things get done," he said.
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The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.