Wilmington downtown ‘gateway’ enhancement project moves forward

The property at 1019 N. 3rd St in Wilmington is being purchased by the city of Wilmington as part of a large downtown project. [MATT BORN/STARNEWS]

With hopes of developing a “gateway” to downtown, the metropolis of Wilmington is transferring forward with the invest in of a vacant good deal together 3rd Avenue.

The ton will turn out to be 1 of 4 items of land established aside for a development which is been dubbed the “northern gateway” project. The town aims to sooner or later create housing, parking, place of work and retail space, and a grocery shop on the site, but COVID-19 has paused its progress for now.

The city’s request for undertaking proposals in 2019 yielded one submission — a strategy from East West Companions, the Chapel Hill-based development company that brought River Spot apartments to Wilmington.

The enterprise proposed a $90 million enhancement that would establish three new structures on the web-site. They would property 194 residential units, a 6-tale office environment making, an eight-tale resort with 150 rooms, 17,000 sq. toes of retail space, a visitors center and a 31,000 square foot grocery shop, in accordance to earlier StarNews reporting.