Rents at The Pearl start at $845 month, which includes water, sewer, trash, on-demand hot water and high-speed private Wifi.
Town & Country Real Estate is managing the property.
The Pearl and two other apartment projects developed by PBC Design + Build aim to meet a demand for smaller, more affordable units. Spetrino said there are other parts of downtown Wilmington that could hold similar projects.
"There's these little neighborhood buildings [for example] that you can have a handful of apartments in that are in walkable areas and make it easy for people to get around," Spetrino said.
Also at The Pearl, there are 22 parking spaces under the building, in the parking garage, and the rest of the parking is surface and street parking, he said.
"We needed to create smaller spaces that live large," Spetrino said in an email about The Pearl. "We focused on oversized windows, high ceilings, taller than typical interior doors, coordinated colors and finishes as well as some interior glass/ mirrors."
He said feedback about The Pearl has been encouraging.
"Our mission was to create something 'clean, safe and affordable,'" Spetrino said, "and with our deep experience in 'high design,' that seems to be an added bonus to our future residents."
Cece Nunn - Jul 22, 2019
Johanna Cano - Jul 22, 2019
A local couple's new restaurant, Savor Southern Kitchen, is expanding of their catering company's success....
While alternative lodging offered through Airbnb is gaining in popularity – and availability – travel officials say it’s not necessarily hur...
Bellamy Mansion Museum officials announced that executive director Gareth Evans was appointed to the N.C. Museum of History Associates Inc....