Print
Real Estate - Residential

Apartment Developer Submits Oleander Drive Plans For Technical Review

By Cece Nunn, posted May 30, 2019
A site that includes the former Carmike Cinema movie theater on Oleander Drive could be redeveloped into an apartment complex that includes some commercial space, according to site plans submitted to the city of Wilmington. (Photo by Cece Nunn)
Evolve Companies, a Greensboro-based student and conventional housing development firm, has submitted plans to the city of Wilmington for technical review for Oleander Commons, a 223-unit apartment complex on a site that includes the long-vacant former Carmike Cinema.

As described in previous submittals, the site plans show four-story buildings expected to include 86 one-bedroom, 113 two-bedroom and 24 three-bedroom apartments, along with 5,600 square feet of commercial space.

A rezoning request to change the designation of the property at 5335 and 5429 Oleander Drive from Community Business District to O&I-1, an office and institutional district, was approved by the Wilmington City Council on April 16.

The owners of the 8.9-acre site are Oleander Investments LLC and Neil Realty Co. of Kinston.

Efforts to reach a representative with Evolve Companies for more information about the project were not immediately successful Thursday.

According to the city's project tracking website, the city's Technical Review Committee is expected to discuss the plans June 13.

In addition to development, Evolve also builds and manages apartment communities, the firm's website states.

As the first quarter of last year, Evolve Construction had 1725 multi-family units under development and 1986 multi-family units under construction, according to the website.
Ico insights

INSIGHTS

SPONSORS' CONTENT
Untitleddesign2 9202334730

Best in the State: Providing Quality Care to Medicare and Medicaid Patients Allows Novant Health New Hanover Regional Medical Center to Reinvest in Community

Novant Health - New Hanover Regional Medical Center Novant Health
Jordain 422430214

Why Messing Up is Essential for Business and How to Do it More

Jordan Cain - APPROVE
Untitleddesign7

Mastering ARC Applications: Best Practices for HOA Board Members

Dave Orr - Community Association Management Services

Trending News

Passenger Rail Study Offers New Details About Proposed Wilmington To Raleigh Route

Emma Dill - Apr 22, 2024

Severe Weather Postpones Trump Rally In Wilmington

Emma Dill - Apr 20, 2024

Will NC Be CNBC's Three-time Top State For Business?

Audrey Elsberry - Apr 22, 2024

In The Current Issue

MADE: Makers Of Important Papers

W.R. Rayson is a family-owned manufacturer and converter of disposable paper products used in the dental, medical laboratory and beauty indu...


Funding A Food Oasis: Long-awaited Grocery Store Gains Momentum

With millions in committed funding from New Hanover County and the New Hanover Community Endowment, along with a land donation from the city...


With Coffee And Cocktails, Owners Mix It Up

Baristas are incorporating craft cocktail techniques into show-stopping coffee drinks, and bartenders are mixing espresso and coffee liqueur...

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