Greater Wilmington Business Journal

29/07/2025

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28/07/2025

Local officials are exploring alternative funding options to close a $773 million funding gap for the replacement of the Cape Fear Memorial Bridge.

Local officials are exploring their options to close a $773 million funding gap for the replacement of the Cape Fear Memorial Bridge. On Monday, the Wilmington Urban Area Metropolitan Planning Organization’s Alternative Funding Subcommittee held a special meeting to discuss the feasibility of vari...

26/07/2025

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25/07/2025

The property, which is just over an acre, is slated for a luxury townhome development.

East West Partners, the firm behind downtown’s River Place development, recently purchased just over an acre of land near Wrightsville Beach for $2.7 million. The 1.3-acre site, which is zoned for multifamily development, is slated for Villa Point, an 18-unit luxury townhome project. The developme...

24/07/2025

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24/07/2025

On Thyme Restaurant is set to expand on Castle Street, with a new addition in the works.

On Thyme Restaurant is set to expand on Castle Street, with a 1,400-square-foot addition in the works. That additional space will accommodate a new bar, more seating, an expanded prep kitchen and a waiting area. Corey and Phallin Scott opened the restaurant at 918 Castle St. in the fall of 2022, and...

23/07/2025

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22/07/2025

The New Hanover Community Endowment can’t be the only source of funding, they say, reacting to recent statements and actions by local officials.

Some Wilmington-area workforce housing advocates say the community needs a combination of public and private efforts to address a growing shortage of affordable dwellings. The New Hanover Community Endowment can’t be the only source of funding, they say, reacting to recent statements by local offi...

22/07/2025

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21/07/2025

A community meeting will be held next week to discuss the project.

Developers have plans to bring more than 70 townhomes to a nine-acre tract of land in Myrtle Grove. New Hanover County issued a notice late last week about a community meeting for a new townhome community, which plans refer to as The Woods at Galen. Over the weekend, plans for the proposed community...

19/07/2025

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18/07/2025

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