On November 5, the Wilmington City Council will hold a public hearing on a proposed development agreement for the northern downtown riverfront area. The hearing will be held during the City Council meeting at 6:30 p.m. in City Council Chambers at City Hall, located at 102 North 3rd Street.
The proposed agreement between the city and several developers would outline details of development on the northern end of the riverfront, which is generally bounded by the City’s convention center property to the south, Front Street to the east, the Isabelle Holmes Bridge to the north and the Northeast Cape Fear River to the west. The development would include a marina, hotels, residential units and retail and office space. It also would extend the City’s riverwalk, make street and utility improvements and provide space for a public park.
Click on the links below to see the proposed agreement:
Exhibit B - Conceptual Master Plan*
Exhibit B - Conceptual Design Cross Sections*
Exhibit B - Building Calculations & Parking Calculations
Exhibit C - Horizontal Development*
Exhibit C - Northern Riverfront Development Infrastructure
(* - Some of the exhibits are large files and may take a minute to load)
A copy of the Development Agreement can also be obtained at the Wilmington City Manager’s Office at City Hall.
The development agreement describes the permitted uses of the property and costs to be paid for by both the developers and the City. Generally, the private developers would pay for construction of the marina, all buildings on the site, and street and utility improvements, while the City would fund public infrastructure improvements, including construction of the riverwalk, the public park and certain street improvements.
The November 5 hearing is open to the public and anyone interested is invited to present comments on the proposed development agreement.