An entity tied to Zimmer Development Co. is under contract to purchase a collection of three properties totaling about 20 acres along Old Osborne Turnpike (Route 5), Orleans Street and Nicholson Street.
The potential buyer of property adjacent to Capital Boulevard and Peace Street wants the ability to build up to 40 stories there.
Student Housing Business names ZDC in Top 25 Most Active Developers of Student Housing in the industry.
Preliminary designs for New Hanover County’s redevelopment project of an entire downtown Wilmington block, better known as Project Grace, have been submitted and now, the developer is seeking public input from county residents.
The project would come in two phases, with the county library staying open throughout.
The potential redevelopment of a downtown block owned by New Hanover County is proceeding with one proposal, from Wilmington-headquartered Zimmer Development Co. and a team it has assembled to work on the multimillion-dollar, mixed-use project.
Forget about bunkbeds, communal bathrooms and shared closet space. Stadium Enclave is entirely different type of student housing facility.