Print
Real Estate - Residential

Cambridge Village Of Wilmington To Add 130 New Units

By Cece Nunn, posted Oct 12, 2015
Site plans for a 149,000-square-foot addition to a Wilmington senior living community have been submitted to the city and will be reviewed by officials next week, according to a Technical Review Committee agenda.

Construction on 130 additional apartments in Cambridge Village of Wilmington, 75 Cavalier Drive, is expected to begin before the end of the year, said Nicole Jones, executive director, on Monday.

"The pace of interest and the occupancy levels that we’re at are exceeding our expectations so we decided to go ahead and start with Phase 2 in December," Jones said.

The first phase of 110 independent living units in the resort-style community, which is only for residents 55 and older, opened in March and is 50 percent occupied and 70 percent leased.

"We should be ready for move-ins [in Phase 2] January of 2017, but we’ll begin taking deposits on apartments during construction," Jones said.

Cambridge Village held an open house for its new Wellness Pavilion in May. In addition to independent living that comes with a myriad of amenities, Cambridge Village also offers a variety of care options to residents, including home care, available in a resident’s apartment and provided by a licensed home care company; enhanced supportive care, a component of Phase 2 in which residents can transfer to select apartments if they need 24-hour care, also provided by a licensed home care agency; and skilled nursing and rehabilitation services in the Wellness Pavilion, provided on-site by The Davis Community. Twenty skilled nursing beds opened at Cambridge Village in June.

“Even active seniors who want to continue to live independently look for communities that offer higher levels of care, should they need it. We wanted to offer these options, so we partnered with the Davis Community, a well-recognized health care provider in Wilmington. Together we will be able to provide a wide range of supportive care services that will allow our residents to enjoy the Cambridge Village lifestyle and also get the healthcare support they may need,” said developer Kendall Oliver, of Raleigh-based Oliver Development, in a news release in April. 

Jones said the community currently includes a mix of residents, with locals and those who moved from other states.

"I think it’s a destination," she said. "People are moving here purely out of want and interest in downsizing, having that carefree lifestyle, and then there's that influx of people wanting to move to the Wilmington area because of all of the resources we have and the great weather."

The site plans for Cambridge Village's second phase are expected to be up for first review during the city TRC's meeting at 8:30 a.m. Oct. 22 in the fourth-floor traffic conference room at 305 Chestnut St., according to the most recent agenda. A company called Stewart is listed as design consultant on the plans. 

Story On The Map

Ico insights

INSIGHTS

SPONSORS' CONTENT
Untitleddesign7

Maximizing Your HOA Living Experience: Tips for an Enjoyable Community Life

Dave Orr - Community Association Management Services
Unknown 7112393341

Why Feasibility is Paramount to Success

Holly Segur - Lead Intuitively – Corporate Coaching
2022052 75 142344351

Bridging Futures: The Case for Toll Funding in Wilmington’s Cape Fear Memorial Bridge Revamp

Natalie English - Wilmington Chamber of Commerce

Trending News

Wilmington Plans To Demolish Longtime Downtown Offices

Emma Dill - May 15, 2024

Olivero's New Menu To Highlight Seasonal Flavors

Katie Schmidt - May 15, 2024

Sale Of The Second Glass To Make Way For New Concept In South Front District

Jessica Maurer - May 14, 2024

Proposed Pod Community Delayed By Building Code Concerns

Emma Dill - May 13, 2024

Truist’s Charlie Mattox Moves To Atlantic Union Bank

Audrey Elsberry - May 13, 2024

In The Current Issue

Vantaca’s Balancing Act

“We want to swing big, and we have a vision of building a really massive company that is the industry standard for software in our space."...


Half Marathon Takes Whole Race State Title

The top half marathon in each state was crowned based on nearly 20,000 votes from runners across the country....


Topsail Island Museum Offers New Exhibit On Black Heritage

Ocean City Beach was established in 1949 and became the first community in the state where Black people could purchase oceanfront property....

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