May 15, 2018

Owner Ends Auction For Frying Pan Tower

By Cece Nunn, posted May 15, 2018

A former U.S. Coast Guard light station that was turned into an ocean bed and breakfast six years ago is no longer up for auction. But the auction process that he started May 3 led current owner Richard Neal, who bought the tower in 2010 for $85,000, to a decision.  "My understanding from the people that have contacted me for the auction is that individuall ...

May 11, 2018

Local Tourism Leaders Reflect On Industry, Then And Now

By Christina Haley O'Neal, posted May 11, 2018

New Hanover County's tourism industry is growing and the numbers show it. The amount collected during the first year of room occupancy tax collection in New Hanover County, 1986, was a little over $550,000. Recent totals show how much the industry has grown, with more than $12 million collected last year.  The figures were presented by Kim Huf ...

May 10, 2018

Wilmington Hotel Purchased For $13M

By Christina Haley O'Neal, posted May 10, 2018

The Staybridge Suites in Wilmington recently changed hands for more than $13 million and is set to be renovated in the near future. Hunter Hotel Advisors represented TriGate Capital, based in Dallas, and Beacon Investment Management Group in the sale of the 92-room hotel Staybridge Suites at 5010 New Centre Drive in Wilmington, according to a news release from the Atlan ...

Ico insights



Brett Tushingham
Tushingham Wealth Strategies

Is Private College Really More Expensive than Public?

Posted May 9, 2018

My boys, Reece and Ryder, love rooting for the Tar Heels and the Fighting Irish. 

Reece recently asked me how much it costs to attend both schools. When I told him it was over $70,000 a year for Notre Dame, he looked like a deer in headlights. This is high enough to scare most parents away entire article

May 4, 2018

Hospitality Industry Needs Workers

By Sherri Crawford, posted May 4, 2018

Demand for Wilmington-area restaurant and hotel workers is rising and the supply is starting to struggle to keep up.   As new hotels open and the number of local restaurants continue to grow – currently there are 541 Trip Advisor-reviewed restaurants alone in Wilmington – some establishments are finding themselves concerned about being short-staffed. &n ...

May 3, 2018

The Frying Pan Tower, a former U.S. Coast Guard light station turned ocean bed and breakfast, is up for auction. The auction for the tower, which is about 25 miles southeast of Bald Head Island, began Thursday with a starting bid of $10,000, bid increments of $3,000 and a $5,000 deposit required. The tower is only accessible by boat or helicopter. "It's ...

Apr 17, 2018

Landmark Hotel Marks $10M Renovation Project

By Jessica Maurer, posted Apr 17, 2018

Sotherly Hotels Inc. has completed its $10 million renovation of Hotel Ballast, formerly the Hilton Wilmington Riverside, at 301 N. Water St. in downtown Wilmington. The company is celebrating a grand unveiling this week of the landmark property's refreshed interior and exterior and rebranding, which were announced last year. “We are excited to complete thi ...

Apr 6, 2018

Historic Site Boosts Visitor Spending

By Sherri Crawford, posted Apr 6, 2018

Fort Fisher State Historic Site took bronze in a recent survey of most-visited North Carolina attractions, but another label gives it the gold. With 871,676 visitors in 2017, the tourist destination is No. 1 when it comes to the state’s historic sites, according to N.C. Department of Natural and Cultural Resources officials. Drawing nearly 42,000 more visitors las ...

Apr 6, 2018

Aquarium Sees Record Number Of Visitors

By Sherri Crawford, posted Apr 6, 2018

Officials with the N.C. Aquarium at Fort Fisher said it hosted 484,118 visitors in 2017, a number originally underreported in a survey of the state’s most-visited attractions by Carolina Publishing and Associates. What’s more, the accurate number marks the Kure Beach attraction’s highest attendance in 41 years. As for the recent annual survey, half of ...

Mar 9, 2018

Local Craft Brewery Events Draw Visitors

By Sherri Crawford, posted Mar 9, 2018

It’s no secret now that craft beer is big business. And as the number of local breweries continues to grow, they’re impacting the area economy in more ways than one. From eight breweries opening since 2014 to today’s 15 breweries in Brunswick, New Hanover and Pender counties, there’s no sign of slowing. In fact, five more breweries are slated to ...

Mar 7, 2018

Event Leaders: More Space, Sustainability Are Needs To Grow

By Christina Haley O'Neal, posted Mar 7, 2018

The N.C. Azalea Festival, Cucalorus Festival, Wilmington Boat Show and the Wrightsville Beach Marathon Madness Weekend all bring different forms of entertainment to the region. But the leaders of these large events, which take place in Wilmington each year, cited some of the same needs to grow in the community, including more venues, long-term sustainability and mo ...

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In The Current Issue

Novant Health Facilities Now Carry Naloxone

Novant Health Brunswick Medical Center now carries naloxone, a medication used to temporarily reverse opioid overdose....

Block By Block

Hundreds of millions of dollars in major development investment is on the way or in the planning stages for downtown Wilmington, but relativ...

A Ruff Day At The Office: Dogs On The Job

“Having the dog in the office reduces a little bit of stress and brings people together,” said Jennifer Manocchio, president of Sweeney, a p...

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2018 Power Breakfast: The Main Event
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