Print
Real Estate - Commercial

In Downtown Wilmington, First Commercial Tenant Opens At River Place

By Cece Nunn, posted Sep 22, 2020
Axis Fitness at River Place in downtown Wilmington is open and accepting members. (Photo courtesy of Axis Fitness)
Axis Fitness opened recently at River Place in downtown Wilmington, the 13-story mixed-use project’s first commercial tenant to open its doors.

The gym’s 24-hour access key fob service is expected to be up and running by Oct. 5, said owner Mike Barnhart. The first of the year could see a grand opening for the gym (its sign on River Place is pictured below).

Counting the downtown gym, Axis Fitness has four locations in the area. The others are at Lumina Station, in Hampstead and at CastleBranch on Sir Tyler Drive.

River Place appealed to Barnhart for a variety of reasons.

“The biggest thing for us is that we look for spaces where people want to come together,” Barnhart said. “The exciting thing about River Place was that it was going to be a new space downtown. But more important than that, it was going to be a mixed-use project where there’s going to be some residents and commercial tenants.”

His target clients are “people who appreciate a space that’s super functional, super easy to get to and looks and feels like a class-A experience.”

During the COVID-19 shutdown, Axis Fitness gave away home workouts and outdoor workouts as a means of keeping its members and potential members engaged, Barnhart said. That was going to be key to coming out on the other side of the shutdowns in good shape, he said.

“And then when times get good again, we’re positioned really well and we’ve got a lot of good energy ready to come back our way,” Barnhart said.

Other commercial tenants are coming to River Place. Pizza restaurant Mellow Mushroom is expected to open in October. DGX, a high-end urban market concept from Dollar General, and Bank of America are set to open this fall, according to previous announcements.

The opening date of another tenant, Nutrition Spot, has not yet been announced.

River Place holds 92 condominiums and 79 apartments; 31,400 square feet of retail and dining establishments; 57,000 square feet of public plazas and easements; and resident amenities that include a rooftop pool, a private club and fitness facility, and 404 parking spaces, 169 of which are for public use.
Ico insights

INSIGHTS

SPONSORS' CONTENT
Chris coudriet

Creating An Age Friendly Community

Chris Coudriet - New Hanover County Government
Tommytaylor ceo unitedway

Hope Is Not Quarantined

Tommy Taylor - United Way
Mikeharrington carolinaretreats 2

Short-Term Rentals, Long Term Value

Mike Harrington - Carolina Retreats

Trending News

Wilmington-based Real Estate Firm Again Surpasses $2B

Staff Reports - Oct 30, 2020

Redevelopment Adds Homes To Downtown Wilmington

Cece Nunn - Oct 30, 2020

Hose Manufacturer Moving Forward On Headquarters In Pender

Christina Haley O'Neal - Oct 29, 2020

New Pender Commerce Park Building Estimated To Cost Up To $11.5M

Christina Haley O'Neal - Oct 28, 2020

Despite Fewer Travelers, Airport Officials Predict Continued Recovery

Cece Nunn - Oct 30, 2020

In The Current Issue

Health Care Heroes: Community Achievement

The Community Achievement category honors an individual or team who successfully implemented a program addressing a problem in health care a...


Repurposing To Build A Business

Business for a local couple's home decor and furniture operation, 341 Repurposed, has been booming....


An Election Like No Other

Like everything about 2020, this year’s elections are a little more com­plicated than they used to be, and there’s a lot at stake in the out...

Book On Business

The 2020 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2020 Leadership Accelerator: Virtual Workshops for Real Leaders
2019 Health Care Heroes
August 26, 2019 Power Breakfast: A Healthy Sale?
2019 WilmingtonBiz Expo Keynote Lunch - CEO, nCino, Pierre Naude`