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
Mcwhorter 0005

So, You Have an Idea for an Amazing, Life-Changing Company... Now What?

Heather McWhorter - UNCW Center for Innovation and Entrepreneurship
Untitleddesign2 4523114356

Cybersecurity and Productivity: Striking the Perfect Balance for Business Success

Barrett Earney - EarneyIT
Gretchen roberts 2021

5 Finance Topics Every Small Business Owner Should Master

Gretchen Roberts - Red Bike Advisors

Trending News

Intracoastal Angler To Grow With Two New Hampstead Stores

Emma Dill - Apr 30, 2024

Coyne Returns To Law Firm's Wilmington Office

Staff Reports - Apr 30, 2024

Wilmington-based Fishing App Wins NC IDEA Grant

Audrey Elsberry - Apr 30, 2024

Apartment Plans Move Ahead On Wooster Street

Emma Dill - Apr 29, 2024

Design-build Firm Welcomes Falvey As Director

Staff Reports - Apr 30, 2024

In The Current Issue

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...


Taking Marine Science On The Road

“My mission and my goal is to take my love of marine science, marine ecosystem and coastal ecosystems and bring that to students and teacher...


Info Junkie: Lydia Thomas

Lydia Thomas, program manager for the Center for Innovation and Entrepreneurship at UNCW, shares her top info and tech picks....

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