Real Estate - Residential

Development Company Buys 30 Acres In Midtown Wilmington

By Staff Reports, posted Jan 3, 2024
A rendering from 2022 shows the vision for Hamlet Barclay West, a rental community planned on 30 acres at South 17th Street and Independence Boulevard in Wilmington. (File rendering)

Virginia-based development firm Middleburg Communities recently completed its purchase of 30 acres in Wilmington to build a rental community.

The company paid a little over $3 million for 30 acres at the intersection of South 17th Street and Independence Boulevard to build Hamlet Barclay West, a 280-unit neighborhood with a mix of cottages, duplexes and townhomes. The seller was Graham-Cameron AG & Timber Co. LLC.

The project will be located across the street from The Pointe at Barclay, a dining and entertainment complex anchored by The Pointe 14 movie theater.

Construction on Hamlet Barclay West is expected to start this month, according to a news release.

“Wilmington’s explosive growth over the years has resulted in strong demand for high-quality, build-to-rent communities like Hamlet Barclay West,” said Alexi Papapieris, senior vice president of development for Middleburg’s Carolinas Region, in the release.

Hamlet Barclay West is expected to feature a neighborhood-style design "characterized by tree-lined streets, pocket parks and shared greenspaces, while all units will have spacious layouts, private entries and backyards," the release stated.

According to the release, the development will offer one-, two- and three-bedroom floorplans, quartz countertops, stainless steel appliances, shaker wood cabinets, tile backsplashes and luxury vinyl plank flooring. Amenities are expected to include a clubhouse with a resort-style pool and fitness center, electric vehicle charging stations, a dog park, a pet spa and more, the release stated.

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