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Tuesday, March 31, 2015

Existing conditionsEast West Partners-1East West Parnters-4East West Partners-2East West-5East West Partners-3

The city received several top quality proposals to redevelop the obsolete Water Street Parking Deck, which is a key riverfront property in the heart of downtown. Once underway, this project will result in a public/private revitalization partnership that will:
 

  • Replace existing public parking, including parking for nearby businesses and growth from the site’s redevelopment;
  • Provide public space and pedestrian-friendly connectivity to Front Street; and
  • Include privately-owned residential and retail uses that will increase our tax base and result in more people living downtown, which will stimulate further economic development.

At their meeting on Feb. 17, the Wilmington City Council selected East West Partners to begin negotiations on a multi-use development at the site of the Water Street parking deck. There will be many additional steps before a final agreement is reached.
 

 View the revised proposal from East West Partners

 Watch a video from the Feb. 17 Council meeting about the developer selection

 Resolution to begin negotiations for the redevelopment of the Water Street parking deck
 

Read about the project's history and view proposals from all other developers
 

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Wilmington, North Carolina 28402-1810
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