Proximity At Carolina Beach Breaks Ground More than 50 guests and stakeholders attended the ceremonial groundbreaking of The Proximity at Carolina Beach on Wednesday morning, marking the beginning of construction for the island’s newest mixed-use project. The Proximity, which spans 12.5 acres with frontage on North Lake Park Boulevard,… Read More
Riverwood Apartments Sell For Over $58M Cape Fear Development announced Wednesday, May 24, that Riverwood Apartments, a luxury apartment and townhome rental community in Echo Farms, has sold for $58.46 million. With support from Cape Fear Commercial, New York-based Cushman and Wakefield, a leading global real estate services firm, represented… Read More
Cape Fear Development Moves Ahead On Project Grace After a unanimous vote yesterday, the New Hanover County Board of Commissioners are moving forward with Project Grace. The approved Development Agreement between the county and Cape Fear Development calls for the construction of a cutting-edge, purpose-built library and museum to be… Read More
New Hanover County Holds Ribbon Cutting for Government Center Current and former members of the Board of Commissioners, as well as county staff and leadership, cut the ribbon at the new Government Center on April 25. “This building is a tribute to all the Commissioners who have served this… Read More
Cape Fear Development Adds New Team Members In 2023 Cape Fear Development is excited to introduce three team members who have recently joined the firm. Our multidisciplinary team achieved major milestones in 2022, including residential projects throughout the Carolinas, and significant progress at Autumn Hall, our flagship mixed-use community in… Read More
336-Unit Apartment Complex Could Be Coming To Northside Of Aiken December 13, 2022 AIKEN, S.C. — The Aiken Planning Commission voted Tuesday evening to recommend approval of a multifamily project on the Northside of the city. The Parker Aiken Apartments, proposed by Cape Fear Development, will consist of a 14-building,… Read More
The Proximity At Dram Tree: Revitalizing The Riverfront November 21, 2022 A former industrial site in the core of southern downtown Wilmington has potential to be a true gateway into the city. Local developers are proposing a remediation effort at the property, along with a rezoning request that would accommodate a… Read More
Growing Again: Farmland In Castle Hayne Could Get 200 Townhomes November 19, 2022 New Hanover County leaders have given one Wilmington developer the green light to move forward with up to 237 townhomes in the county’s growing northern end. This week, New Hanover County’s board of commissioners unanimously approved rezoning… Read More
Planning Commission Recommends Proximity At Watermark for Approval September 8, 2022 Story by: Jamie Boulet, posted on WECT.com The Wilmington Planning Commission, at its September 7 meeting, unanimously recommended the approval of Cape Fear Development’s application to redevelop a waterfront site at the end… Read More
Proximity At Carolina Beach Open House Event Draws More Than 100 Visitors August 30, 2022 CAROLINA BEACH, N.C. — More than 100 local residents and community members joined the Cape Fear Development team last week for an Open House at the future site of the Proximity, a mixed-use… Read More
