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JFB Growth and Development Tracker

August 31, 2023 By Just For Buyers Realty

Wrightsville Beach Gets Millions for Renourishment 

a concrete wall with a building in the background

Millions of federal funds are heading to Wrightsville Beach. According to government officials  more than $21 million is coming to the Wilmington district of the US Army Corps of Engineers to help with a beach renourishment project. Wrightsville beach was heavily damaged by Hurricane Florence in 2018. The main goal of the project is to protect the homes in the area. The added sand will serve as a buffer for any future storms. The project will also make the beach safer. Erosion  not only damages  the shoreline but it’s also a danger to visitors because the steep slopes ( created by the erosion) make it very difficult for emergency vehicles to access all parts of the beach .

 


 

Leland has Big Plans for Founders Park

The town of Leland plans to do to massive renovations to Founders Park. Renovations will include building a splash pad, a veterans memorial, picnic shelters, updates playground, amphitheater and additional walking trails. Leland has already earmarked $2 million for the project and plans to request another $8 million in an installment loan financing to pay back over the next decade. Construction is anticipated to begin in October of this year. Founders Park is located at 113 Town Hall Drive .

 

 


RV Park Gets Approval on Wilmington’s North Side
a white trailer with a tree in the back
 Wilmington City Council  has approved a plan tp rezone a 8.7 acres of property located at 2231 One Tree Hill Way for a recreational vehicle campground. The future RV campground will be the first of its kind in city limits. The only other RV parks  New Hanover County are located in Ogden and Carolina Beach. RV travel has increased across the country ever since the pandemic. According to the US Department of Transportation approximately 44 million Americans traveled by RV this summer alone. The park will have room for 50 RVs, with a management office, a retail store, a bathhouse and a maintenance shed. Guests will be allowed to stay for a maximum of 29 days. Developers told city leaders that they expect RV guests to spend about $200 a day within the Wilmington city limits. According to published reports construction is expected to begin on the park this fall.

An Affordable Housing Complex Wins a Rezoning Fight 
Wilmington City Council have given the green light to rezoning  2.5 acres near Holly Tree Road. The move was requested by developer Moonlight Lane LLC who plans to build affordable multi-family housing units. Many nearby residents, who were originally against the rezoning have been in talks with the firm. Consequently Moonlight Lane LLC has agreed that the project will  increase the buffer sizes, save more trees, lower the number of stories from three to two and cut the number of units from 22 to 17.A lawyer representing the firm told city councilors last month that the current intent is to sell the units and not rent them. The project still has to submit designs and go through a technical review committee process before it can be built.

 

 


All Aboard

brown train rail during daytimeTwo Wilmington businessmen have launched an effort to bring passenger rail service  from Wilmington to Raleigh. Gene Merritt, a Wilmington developer who helped to extend Interstate 40, and Steve Unger who pushed for the U.S. 17 Hampstead Bypass, have formed an organization called Eastern Carolina Rail and are now seeking nonprofit status for it. The organization will start a petition drive which is the first step to get federal backing. The entrepreneurs hope that the rail service could become a realty within 10 years. A 2005 feasibility study estimated the project would cost $180 million. The last time passenger rail service was offered between Wilmington and Raleigh was 1967.

 

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