Real Estate - Commercial

Family-owned Artisan Market Planned For Third Street Property

By Christina Haley O'Neal, posted Feb 15, 2019
Ryan Horne, owner Seagate Holding Co. LLC, has plans to develop a Third Street building into an artisan market. Plans are also evolving for an affordable housing development on the property. (Rendering from city documents)
A family-owned and operated artisan market planned for a historic property on South Third Street received approval from the city’s Historic Preservation Commission on Thursday night.

The commission voted unanimously to remove the 90-day stay of demolition for the development at 1222 S. Third St., on the condition that the developer donates the building’s historic components to Legacy Architectural Salvage or a similar organization for reuse.

Nicole Smith, an associate planner with the city's planning department, said Friday that the site plan for the project is still under review and still has to meet some code requirements before the city will release the project for construction.

The project, called the Bodega, is the first commercial development being undertaken by Ryan Horne, owner Seagate Holding Co. LLC in Wilmington, which bought the property in August.

Plans are to rehab the building, which is in the Wilmington National Register Historic District, keeping as much of the building's old brick-and-mortar façade as possible, Horne said Thursday. An additional 500 square feet are planned to be added to the building for a total of 1,000 square feet of light retail space.

Horne described the development as a corner-neighborhood artisan market, that will have fresh produce, take-and-go sandwiches and a craft bottle shop component. There are also plans to have an outdoor community area out back with string lights and picnic tables.

Horne plans to run the business with his wife and two children, he said. Horne's primary business is Seagate Wealth Management, where he is principal and managing director of the company. 

“We are looking to upfit and rehab that building with mainly all repurposed materials that we've collected throughout the state. So it's going to have some corrugated metal, some old doorframes with transoms: just kind of a nostalgic feel,” Horne said of the planned construction. “I’m trying to have as little new materials in there as possible, but everything repurposed and reclaimed, a lot of which we've gotten from Legacy Architectural Salvage.”

Horne hopes to open the Bodega late-spring, with a soft open, he said.

“We want to get the doors open, invite vendors to come in, redistribute their great products … But we’re not going to sell lottery tickets. There will be no convenience items. No junk food. It will be a nice artisan market,” Horne said of the business.

The commercial project is the first stage of what he has planned for the lot. Horne said he is also exploring an affordable housing option for the rest of the property, but talks about the project are still ongoing with the city.

Seagate Holding Co. is mainly focused on affordable housing, owning and renting out houses to at-risk and special needs populations, he said. 

“We chose this specific project because we really liked the vibe and energy of the area and where it's headed,” he said. “It's UMX (urban mixed-use) so that interested us to do a higher density and do a residential and commercial component.”

To make it a true mixed-use property, Horne said that four, 600-square-foot one-bedroom apartments are being eyed for development on the back of the site.
Ico insights


Jeff metrocopy

Public Adjusters are Your Advocates After the Storm

Jeffrey Feldstein - Metro Public Adjustment

Cape Fear Clinic Pharmacy

John Devaney - Cape Fear Clinic
20180514 104209 51418120638

'I Hate...'

Steve Adams - School of Learning Arts

Trending News

KFC On Market Street Update: More Than $1M For Less Than 1 Acre

Cece Nunn - Mar 25, 2019

Four Wilmington Startups Semi-finalists For NC IDEA SEED Grant

Johanna Cano - Mar 25, 2019

Coast Guard Bulkhead Repairs Scheduled, Park Improvements Follow

Jenny Callison - Mar 25, 2019

Downtown Fix

Cece Nunn - Mar 25, 2019

Affiliated Businesses Locate To Shared Office Space

Jenny Callison - Mar 25, 2019

In The Current Issue

LP Supplies The Construction Industry

A look at what Louisiana-Pacific Corp. (LP), which has been in Wilmington since 1985, makes and sells....

Tapping Hemp Fiber's Potential

Working from his garage in Wilmington, Kyle Trivisonno, a board-certified prosthetic technician, was able to create a prosthetic leg out of...

Museum Hosts Event With STEM Partner Focus

The March 21 event will celebrate STEM partnerships in the Wilmington area and feature hands-on Science Salon experiences, a specialty cockt...

Book On Business

The 2019 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!



Transporting the Future - Power Breakfast 3.12.2019
Health Care Heroes 2018
2018 WilmingtonBiz Expo - Keynote Lunch with Eric Dinenberg, Rouse Properties