Real Estate - Commercial

May 23, 2024

Along Carolina Beach Road, two townhome projects are in the works. One development would bring 62 townhomes to the Myrtle Grove area while the other adjusts plans for an existing project, replacing its proposed apartments with townhomes. Community meetings for both projects are scheduled next week to discuss the proposals and answer community questions.  The 62- ...

May 22, 2024

New owners will decide what’s in store for a historic retail landmark in downtown Wilmington. A group of local investors – Joshua Benson, Nicholas Cole and Knox Harris – bought the Old Wilmington City Market at 124 S. Front St. and 119 S. Water St. for more than $2.5 million this week, brokers said. “The goal is to continue to improve the ...

May 17, 2024

Two Apartment Projects Pitched For Kerr Avenue

By Emma Dill, posted May 17, 2024

Plans for two new apartment complexes are taking shape in Wilmington’s Kerr Avenue corridor. One project called Ethos 622 Apartments is set to bring 48 new apartments, while plans for The Lofts at South Kerr would bring another 19 apartments to the area. Developers submitted plans for both projects this week for technical review by city of Wilmington staff. Eth ...

Ico insights


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Girard Newkirk
Genesis Block

Food is the Foundation for Prosperous Communities

Posted Mar 15, 2024
Food is the foundation of healthy living and the key to building prosperous communities. Food and prosperity are intricately linked making it imperative to establish and cultivate community based food systems. 
This begins and ends with entrepreneurs and their commitment to sustaining the food system. Farmers and food producers are at the front of the food supply chain entire article
May 15, 2024

Local Furniture Company Expands With New Distribution Center

By Audrey Elsberry, posted May 15, 2024

Custom Home, a Wilmington-based furniture company founded by brothers John and Kevin Gray, recently announced the expansion of its facilities with a 50,000-square-foot distribution center in the Leland Innovation Park.   The company will use the facility to store and distribute furniture for Custom Home’s four businesses, which include Custom Home Staging & ...

May 15, 2024

Wilmington Plans To Demolish Longtime Downtown Offices

By Emma Dill, posted May 15, 2024

Wilmington plans to demolish its downtown office space at 305 Chestnut St. City officials posted a bid advertisement Tuesday for the demolition of the buildings near the corner of North Third and Chestnut streets. According to city spokesperson Dylan Lee, city leaders want to bid out the “full demolition” of the structures, including the removal of debris. ...

May 8, 2024

A handful of commercial projects are expected to go before Wilmington planning leaders early next month. Those projects include a proposed 253-unit apartment complex in Ogden, a 40-unit project along Independence Boulevard and re-submitted plans for a Circle K gas station on Dawson Street.  All are tentatively scheduled to go before the Wilmington Planning Commi ...

May 6, 2024

One of the largest private fermented beverage manufacturers in North America, FedUp Foods, on Monday announced an expansion into Wilmington using the facility formerly occupied by Tru Colors Brewing.   Sarah Mullins and Jeannine Buscher founded FedUp Foods in Asheville after making kombucha together for their children. Now, FedUp Foods manufactures kombucha, pre- an ...

May 3, 2024

Leland Eyes Commercial Growth

By Emma Dill, posted May 3, 2024

As Leland’s residential development booms, town leaders are taking steps to ensure that land zoned for commercial development meets its full potential. Leland encompasses just over 27 miles – roughly 17,400 acres – within its town limits, and just 5% of that area – about 872 acres – is zoned for commercial or office and institutional develo ...

Apr 29, 2024

Apartment Plans Move Ahead On Wooster Street

By Emma Dill, posted Apr 29, 2024

Plans for a new apartment complex are moving ahead near downtown Wilmington. The project, which site plans refer to as Sapphire on 5th, would include 82 apartments and just over 850 square feet of commercial space. Planned for 418 Wooster St., the complex is one of several residential buildings that have popped up in the Wooster Street corridor in recent years. Devel ...

Apr 26, 2024

On U.S. 421, an industrial building changed hands last week for nearly $12 million. The roughly 93,500-square-foot building at 3881 U.S. 421 has been home to Ferguson, a nationwide distributor of residential and commercial plumbing products, since 2009. Last year, the company extended its tenancy through 2033. The building is situated on a 9-acre tract, which include ...

Ico insights


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How to Solve Impossible Problems

Jordan Cain - APPROVE
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Cybersecurity and Productivity: Striking the Perfect Balance for Business Success

Barrett Earney - EarneyIT
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Bridging Futures: The Case for Toll Funding in Wilmington’s Cape Fear Memorial Bridge Revamp

Natalie English - Wilmington Chamber of Commerce

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In The Current Issue

As Hurricane Season Heats Up, How Do Builders, Laws Prep Homes For Storms?

The damage caused by Hurricane Florence in 2018 throughout the region put a bigger spotlight on the need for the construction industry to fa...

Vantaca’s Balancing Act

“We want to swing big, and we have a vision of building a really massive company that is the industry standard for software in our space."...

Topsail Island Museum Offers New Exhibit On Black Heritage

Ocean City Beach was established in 1949 and became the first community in the state where Black people could purchase oceanfront property....

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