The plans call for 740 parking spaces, a leasing building, club house and several garages.
The site is currently owned by WF Azalea Apartments, LLC. The group paid nearly $9 million to buy the lot on June 30, according to New Hanover County property records.
The lot currently has a multi-family medium density zoning, according to property records, and won t require a rezoning to accommodate the density outlined in the project proposal.
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Plans for the site are currently under technical review by Wilmington s Planning, Development and Transportation Department.
Woodfield Investments also developed Hawthorne at Indy West, a 253-unit apartment complex located along Independence Boulevard in Wilmington.
The subject site of a NHC Planning Board application is unincorporated land enclosed within the City of Wilmington, and borders a 40-acre parcel behind a last-minute letter to the board before its Thursday meeting. (Courtesy New Hanover County staff)
NEW HANOVER COUNTY Heirs to a 8-acre piece of unincorporated land, tucked within the boundaries of the City of Wilmington, are hoping to rezone their parcel to multi-family use.
At a New Hanover County Planning Board meeting Thursday, an Intracoastal Realty agent representing the owners said the heirs are not developers; they want to sell the land and seek a rezoning to make the parcel more attractive to developer buyers.