Northwest
Northwest, NC · Real Estate
WECT
State commission approves financing for Houston Moore redevelopment project
WILMINGTON, N.C. (WECT) - The Local Government Commission approved $32,950,000 in conduit revenue bonds for the Wilmington Housing Authority to redevelop low-income housing at Houston Moore. The commission announced the approved financing on Tuesday, June 9. Plans to redevelop the 150-unit Houston Moore property on S. 13th Street have been...
Star News
Two more developments proposed along US 17 corridor in Hampstead
More residential developments are being planned for Hampstead's growing U.S. 17 corridor -- but they'll be smaller than many of the other communities popping up around Pender County. Together, the two new developments will bring a little over 100 new homes to the Hampstead area. Plans for Hilltop Landing, located south of U.S. 17 near Sloop Point Road, includes a variety of single-family homes, multi-story townhomes and commercial space. Meanwhile, another subdivision, Tupelo, has been proposed about three miles away on Sloop Point Loop Road -- note the "Loop." While Tupelo includes fewer than 50 new homes, it joins a quickly growing area near Hampstead Kiwanis Park. More: Popular gas station and convenience store to expand into Hampstead Hilltop Landing Hilltop Landing was proposed by Ckbuff Enterprises, LLC. Plans passed before the planning board on May 7, 2026, but a conditional rezoning was approved in August 2025, effectively paving the way for the project. Hilltop Landing includes 70 homes and 3,800 acres of commercial space. Of the homes, 50 are designated as townhomes, while the remaining 20 are planned as single-family homes. The site in question is about 20 acres in total, with 2.2 acres of wetlands. This puts the
WilmingtonBiz
Amid Recent Sales, Independence Mall Owner Talks Real Estate Strategy
A handful of recent real estate transactions around Independence Mall are part of a strategy from the mall’s owner to capitalize on the value of its outparcels. Florida-based 4th Dimension Properties purchased Independence Mall and a nearby parcel last summer in a more than $50 million deal. The purchase did not include the mall’s anchor tenants, Belk and Dillard’s, which own their buildings.
duplinjournal.com
Questions persist over town-owned funeral home lease in Warsaw
WARSAW — A complaint filed with the North Carolina Board of Funeral Service, questions surrounding a funeral home operating from a Warsaw-owned building — and comments made by a sitting town commissioner during a public meeting — are drawing scrutiny in Warsaw. At the center of the...
Star News
Artwork by late Hollywood legend still graces downtown Wilmington wall
Halfway down a dead-end alley in downtown Wilmington, a hidden treasure peers from behind safety glass. Perhaps as long ago as the 1990s, though no one knows exactly when, the Oscar-nominated actor Dennis Hopper took paint brush to brick wall and created what just might be a self-portrait of his famous mug. Hopper owned the building at 20 Wrights Alley downtown and had an apartment there at the time he made the painting, said the building's current owner, Donn Lashley. Lashley bought the building about 15 years ago and has lived there ever since. For much of this year, the second floor of the space has been used as a pop-theater (that Lashley built) for the original play "Wilbur & Orville ." Hopper still owned the building when he died in 2010. Lashley said he bought the building through the same real estate agent Hopper had purchased it from, a woman who also served as Hopper's de facto personal assistant in Wilmington matters. She's the one who told him about the wall portrait's famous creator. At some point after Hopper purchased the building, Lashley said, the brick walls of the Wrights Alley structure became covered with graffiti. Hopper got letters
WilmingtonBiz
Former Walk On's Space Changes Hands For $3M
The property that previously housed Walk On’s Sports Bistreaux near Independence Mall changed hands late last week in a $3 million transaction. Located at 3710 Oleander Drive, the 1.5-acre property includes a more than 8,000-square-foot building that was originally constructed for Walk On’s. The sports-themed bar and restaurant operated in the space from 2021 until closing its doors in 2024.
Star News
Proposed drive-thru restaurant next to Wilmington neighborhood denied
A reworked plan to bring a fast-food restaurant with a drive-thru facility to Echo Farms Boulevard was nixed by the Wilmington Board of Adjustment. The board denied a variance sought for the placement of a proposed drive-thru in a 5-0 vote on Feb. 19. Internet Optics LLC, the owner of the property at 4125 Echo Farms Blvd. , had sought a variance that would allow the drive-thru to be positioned between the building and the street along Echo Farms Boulevard. The 2.43-acre property, wedged between Carolina Beach Road and Echo Farms Boulevard, has three frontages. Because of the topography, there is no “feasible location on this small site to put that small portion of the drive-through that is not between the building and the right-of-way,” Amy Schaefer, an attorney representing the applicant, told the board. A change in plans Originally, the applicant had sought a series of variances for two restaurants and two drive-throughs on the vacant site, which is currently zoned office and institutional. Audrey Paragas (Warner), the project’s engineer of record, wrote to the city on Jan. 28 that strict application of the city’s land development code “would result in unnecessary hardship due to the unique, physical characteristics
WECT
Magnolia Grove Design & Cabinetry celebrates Market Street grand opening
WILMINGTON, N.C. (WECT) - A new kitchen and bath design studio has opened on Market Street. Magnolia Grove Design & Cabinetry has remodeled and relocated to 2305 Market St., transforming a 1920s bungalow into a “thoughtfully curated space that feels more like a home than a traditional showroom,” the company said.
WWAY NewsChannel 3
CFCC launches Live House Project to provide hands-on construction training
WILMINGTON, NC (WWAY) — Cape Fear Community College is launching a new workforce training initiative designed to give students hands-on experience building residential homes while preparing them for careers in the construction industry. The college’s new Live House Project will begin in Fall 2026, allowing students to construct homes...
WilmingtonBiz
Cape Fear Buyers See More Options as Active Listings Reach New Highs
Sponsored Content provided by Janet Kane - Chief Executive Officer, Cape Fear REALTORS. THE SUMMARY: The Cape Fear housing market entered the spring season with fresh momentum in April, as active listingsclimbed, closed sales increased, and median sales prices continued to rise. The latest market data showsbuyers are seeing the most options in recent months, while steady sales activity points to continueddemand across the region. With inventory expanding and market pace showing signs of balance, April’snumbers are a healthy sign of growth, with a continued emphasis on housing affordability.
WilmingtonBiz
Dallas-based REIT Acquires Independence Mall Space For $7.5M
A Dallas-based Real Estate Investment Trust (REIT) acquired a retail space at Independence Mall this week for $7.5 million. NS Retail Holdings LLC purchased the 28,575-square-foot retail space that houses grocery store Lidl from mall owner Independence Mall Territories LLC, according to a deed recorded Wednesday. NS Retail Holdings lists...
yieldpro.com
Blue Ridge Sells 384-Unit Multifamily Community Reserve at Jacksonville Commons Apartments in Jacksonville North Carolina
Blue Ridge sold the Reserve at Jacksonville Commons apartment complex in Jacksonville for $54 million. The buyer was Southwood Realty. The Reserve at Jacksonville Commons, which has 384 units, was built in the early 2000s and features one-, two- and three-bedroom apartments. Monthly rents range from $1,215 to $1,595, with sizes from 840 to 1,340 square feet.
WilmingtonBiz
Porters Neck Village Completes $55M Financing For Next Phase
Porters Neck Village recently completed $55 million in fixed-rate bond financing to fund its next phase of development. The proposed project, which broke ground this spring, includes the replacement of 68 of the nonprofit senior living facility's original apartments with 67 larger homes, along with 27 apartments and five village flats.
connectcre.com
Blue Ridge Offloads 384-Unit Jax Apartment Community
Blue Ridge sold the Reserve at Jacksonville Commons apartment complex in Jacksonville for $54 million. The buyer was Southwood Realty. The Reserve at Jacksonville Commons, which has 384 units, was built in the early 2000s and features one-, two- and three-bedroom apartments. Monthly rents range from $1,215 to $1,595, with sizes from 840 to 1,340 square feet.
WECT
New Hanover County sees over 4,000 evictions filed in single year as affordable housing crisis grows
WilmingtonBiz
Commercial Hub In The Works For Blake Farm
A new commercial area with up to 100,000 square feet of retail, restaurant, medical and office space is planned for Blake Farm, a mixed-use project off U.S. 17 in Scotts Hill. More than 2,000 completed or planned residential units are part of the Blake Farm planned development, including apartments, townhomes and single-family homes. The proposed commercial hub aims to serve those residents and others in the growing Scotts Hill area, according to Madison Robideau, broker in charge at Trask Land Co.