D O W N T O W N WI L M I N G T O N NORTH CAROLI NA 32,000 RETAIL SF Presented by Cape Fear Commercial
MILESTONE DEVELOPMENT River Place is a 12-story mixed-use development featuring 32,000 SF Retail Space, 92 Luxury For-Sale Condominiums, 78 Luxury Rental Apartments and 410 Public/Leased Parking Spaces. A landmark project for Wilmington, NC, River Place will the first modern mixed use development of its kind in its Downtown neighborhood. The current plan features 1,822 SF - 12,327 SF of contiguous space available for street view and third floor retail and restaurant opportunities.
DOWNTOWN WILMINGTON SAWMILL POINT APARTMENTS NORTH WATERFRONT PPD CITY BLOCK APARTMENTS PIER 33 APARTMENTS, M ARINA AND AMPHITHEATER HOTEL WILMINGTON INDIGO CONVENTION CENTER EMBASSY SUITES THE COASTLINE INN ALOFT CAPE FEAR COMMUNITY COLLEGE CFCC HUMANITIES AND FINE ARTS MULTI MODAL TRANSIT CENTER CAPE FEAR COMMUNITY COLLEGE Bank of America Hampton Inn Wells Fargo Marriott Courtyard THE HILTON City of Wilmington Public Library RIVERVIEW SUITES Thalian Hall 101 N Third
AVAILABLE RETAIL: S TREET L EV EL RATE: $28.00 PSF FEATURES Patio Space Can be subdivided - Please see below for possible tenant space plans Designated Restaurant Space available with grease trap and ventilation RETAIL 7,605 SF RETAIL 2,057 SF RESTAURANT 3,843 SF RETAIL/ RESTAURANT 4,722 SF 5,900 SF AVAILABLE 12,327 SF AVAILABLE
AVAILABLE RETAIL: T HIR D FL O O R RATE: $28.00 PSF FEATURES Patio Space Connectivity to Bijou Park and Front Street Public elevator access 1,822 SF AVAILABLE
LOCATION River Place is located at the corner of Chestnut and Water Streets, in the heart of Downtown s business district. Located just blocks away are the headquarters for major corporations and emerging businesses, a college campus and many annual events that put River Place in the center of it all. Annually, Downtown hosts two major festivals that fill Water Street with patrons. The Azalea Festival, an annual spring community festival founded in 1948, attracts over 200,000 people to the Street Fair located down Water Street and directly in front of River Place. Riverfest, a community arts festival that takes place in the fall, is also located directly on Water Street and attracts over 100,000 attendees and vendors. Major corporations and some of Wilmington s largest employers have recognized the value in developing their headquarters Downtown. PPD, a global giant in pharmaceuticals, is located one half mile from River Place and employs over 1,800 people at their Wilmington location. Cape Fear Community College s main campus is located just 2 blocks north and currently enrolls over 28,000 students every year. The City of Wilmington s main offices are located 3 blocks west and other major employers within walking distance include Wells Fargo, First Bank, Bank of America, and BB&T. Emerging companies are also making their new homes in Downtown Wilmington. Next Glass, a research and technology company, has moved in to two floors at 21 South Front Street. They currently have 21 employees on staff and by 2017 they plan to increase their sales team to 48 employees.
DOWNTOWN REVITILIZATION Since 2014 there has been over $300,000,000 invested in new development in Downtown Wilmington. New hotels, restaurants, retail businesses, residences and transit stations are under construction, equipping Downtown with the means to handle more visitors and more businesses, all happening within a 1 mile radius of River Place. All amenities listed below have been recently completed or will be completed by 2017. H OTELS A P ARTME NTS B USINESS/TRANSIT A T T RACT IONS Courtyard by Marriot - 120 Rooms Hampton Inn - 96 Rooms Embassy Suites - 186 Rooms aloft Hotel - 76 Rooms Hotel Indigo - 115 Rooms City Block Apartments - 112 Units Pier 33 Apartments - 300 Units Sawmill Point Apartments - 278 Units 101 N Third Office Building- 69,000 SF New County Administration Building Multi Modal Transit Center Cape Fear Community College Center for Humanities and Fine Arts Riverwalk Extension Riverfront Park- Wilmington will vote on a bond to invest $20 Million into the park alone Port City Marina and Amphitheater
RIVER PLACE
PRESENTED BY Vin Wells, Partner 910.344.1002 910.617.3600 vin@capefearcommercial.com Patrick Riley, Vice President 910.344.1018 910.264.2153 patrick@capefearcommercial.com