Print
Real Estate - Commercial

On Former Driving Range, Developers Anticipate Breaking Ground This Year

By Cece Nunn, posted Jun 10, 2022
A site plan shows the layout of amenities at The Range on Oleander. (Courtesy of East West Partners)
On the site of a former driving range on Oleander Drive in Wilmington, developers expect to break ground this year on 345 apartments.

The Range on Oleander, which will include about 14,000 square feet of commercial space in addition to the residential units and amenities, could be on the rise by September, said McKay Siegel of development firm East West Partners, who leads Wilmington area projects for the company.

Siegel said he anticipates the project taking about 20 months to complete the first of seven buildings, with a completion estimate of 2024.

Within the development, 10% of the units will be offered at workforce housing rental rates, a feature that gave East West the ability to create a higher-density community within the site's zoning classification.

The property, about 15 acres at 5026 Oleander Drive and bordered by Wilmington Municipal Golf Course, was rezoned early this year.

The East West Partners rezoning application stated, "Whether or not they have to drive 5 miles or 25 miles to their destination will in no small part determine the future built environment of our city. To that end, 5026 Oleander Drive is a site that is centrally located within the city at a time when we need to be mindful of how and where to house more people."

Siegel said Thursday, "As Wilmington sites go, it’s one of the better apartment locations."

He said the development team is starting to market the commercial space, which he expects to hold a restaurant, and the space is being marketed by Patrick Riley of Wilmington-based commercial real estate firm Cape Fear Commercial.

The project is under technical review with the city of Wilmington, and developers are pursuing permits at the same time, Siegel said.
 
Ico insights

INSIGHTS

SPONSORS' CONTENT
Screenshot2022 01 06at338 162234623

Food is the Foundation for Prosperous Communities

Girard Newkirk - Genesis Block
Untitleddesign12 11724100328

The Endowment’s Rainbow of Possibilities

Daniel B Winslow - New Hanover Community Endowment
Jasonpathfinder3

Unlocking the Full Potential of Your Executive Compensation Package

Jason Wheeler - Pathfinder Wealth Consulting

Trending News

Realtors' Foundation Drops 'Realtors' From Its Name

Cece Nunn - Jun 10, 2025

Chamber Reveals 2025 40 Under 40 Honorees

Staff Reports - Jun 10, 2025

Endowment Adds Two Leaders To Programs And Grants Teams

Staff Reports - Jun 10, 2025

Museum Board Announces New Members, Officers

Staff Reports - Jun 10, 2025

Gaglione, McPeters Join New Hanover Regional Medical Center Foundation

Staff Reports - Jun 10, 2025

In The Current Issue

Small Business Spotlight: Company Sinks Teeth Into Diving

The company’s primary focus has shifted from salvage, recovery and inspection to recovery and sales of fossils....


Wilmington Startup Scene Evolves

Wilmington is landing on national and global lists of rising tech ecosystems because of strides made to foster that ecosystem, officials say...


Natural Tendencies: Residents, Developers Look At Bald Head Island’s Future

The master plan includes detailed maps and schematics and addresses the three island locales authorized for commercial development....

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season