Passenger Rail Study Offers New Details About Proposed Wilmington To Raleigh Route
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6d ago
A study of a proposed passenger rail line between Wilmington and Raleigh recommends running the route through Goldsboro and offers new projections about the line’s cost and service areas. A Southeastern North Carolina Passenger Rail Feasibil ..read more
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YMCA Eyes Growth With Plans For New, Expanded Facilities
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6d ago
The YMCA of Southeastern North Carolina is laying the groundwork for growth with a proposed rezoning for a new facility in northern New Hanover County. The complex, which is proposed along Sidbury Road, is part of the YMCA’s efforts to ensur ..read more
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Will NC Be CNBC's Three-time Top State For Business?
WilmingtonBiz
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6d ago
North Carolina was named CNBC’s Top State for Business back-to-back in 2022 and 2023; could it go for a “three-peat”? During N.C. State Ports Authority’s annual Cold Chain Summit at Wilmington’s Hotel Ballast, Scott C ..read more
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Wilmington Financial Firm Transitions To Wells Fargo's Independent Brokerage Arm
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6d ago
A Wilmington Wells Fargo Advisors group, Atlas Investment Management, transitioned to an independent entity under the Wells Fargo Advisors Financial Network (FiNet), officials announced early this month. Atlas Investment Management serves an offic ..read more
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Cold Storage Developer Sets Near-port Facility Completion Date
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6d ago
Cold Summit Development founder and CEO Scott Pertel gave an update on the company's cold storage facility near the Port of Wilmington last week after delaying the expected completion date by a year. The facility is expected to ..read more
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Developer Plans To Open Venue With Bowling, Restaurant And More In Surf City
WilmingtonBiz
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6d ago
Eric Shirley, a resident of Surf City for seven years, wanted somewhere to take his family when they were tired of the beach or the weather made hanging out outdoors undesirable. “At the end of the day, it just came down to – we spend ..read more
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With Jordan Museum Out, Developers Adjust Project Grace Plans
WilmingtonBiz
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6d ago
Following last week’s announcement that a museum dedicated to Michael Jordan and his family won’t be moving forward as part of Project Grace, developers are reshuffling their plans for the downtown Wilmington site. Without the museum i ..read more
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Live Oak Bank First-quarter Earnings Miss Analyst Expectations
WilmingtonBiz
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6d ago
Wilmington-based Live Oak Bank reported its first-quarter earnings for the 2024 fiscal year Wednesday afternoon, followed by a 17% decrease in earnings-per-share, as of press time on Thursday. In its first quarter ending in March, Live Oak officia ..read more
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Build-to-rent Neighborhood To Rise In Bolivia
WilmingtonBiz
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6d ago
Developers broke ground recently on a single-family and townhome rental community in Bolivia. Ohio-based Stark Enterprises, in collaboration with affiliated companies Stark Living and Arbor Construction, is building Oak Harbor Village at the inter ..read more
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Industrial Building, Land On U.S. 421 Sells For Nearly $12M
WilmingtonBiz
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6d ago
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 ..read more
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