Now Preleasing for Mixed-Use Development, Midtown Village

Now Preleasing for Mixed-Use Development, Midtown Village

(Photo courtesy of Graham Land Management)

Cody Cress and Tyler Pegg of The CRESS Group of Coldwell Banker Commercial Sun Coast Partners have announced plans to launch a marketing effort for Midtown Village, a mixed-use development project located at the intersection of Independence and Shipyard Boulevards in Wilmington, NC. The mixed-use project is situated on approximately 11.4 acres and will feature a total of approximately 40,000 Rentable Square Feet of Retail space, 85,000 Rentable Square Feet of Office space, and a 110-room premium hotel.

In a press release announced on Friday, Vice President of The CRESS Group, Cody Cress, stated, “Midtown Village is ideally located at one of the most popular commercial corridors in New Hanover County. The property is located in the heart of Midtown and the tenants and hotel will be well supported by the wide array of adjacent businesses and residential neighborhoods that surround the property on all sides. We anticipate a great deal of interest in the property from both local and national retailers.” Several of the prominent nearby businesses include Live Oak Bank, State Employees Credit Union, South State Bank, Verizon Wireless, and EmergeOrtho.

Midtown Village will be owned and operated by an affiliate of Graham Land Management. According to the release, “Graham Land Management is working with Tom Harrington and Dan Weeks of H + W Design for the master planning of Midtown Village. A focal point and amenity of the project will be a large pond and fountain that fronts Shipyard Boulevard. Buildings will be joined by paved and tiled courtyards framed by plush landscaping, hardwoods and ornamental trees for seasonal color. The owners anticipate that several restaurants will be located in the development, and patrons will be able to take advantage of these outdoor spaces for al fresco dining. Currently a feasibility study has been completed for a potential hotel and the owners are in discussions with a local high-end restaurant as well as a national drug store, both of which have expressed interest in the site.”

Midtown Village will feature two 30,000 square-foot Class A Office buildings that will be known as The Courtyard at Midtown Village. According to the press release, “Leasing opportunities are now available for The Courtyard buildings which will be three stories and stand prominently along Shipyard Boulevard.  The buildings were designed by LS3P with an emphasis on creating the architectural aesthetics which will be used throughout the entire project.”

Click Here to View the Midtown Village Marketing Package

Click Here to View the WECT Video Regarding Midtown Village

To view our Midtown Village listings, click on the links below:

• 30,000 Rentable SF Available at The Courtyard, Office Building One
• 30,000 Rentable SF Available at The Courtyard, Office Building Two
• 1st Floor Retail Space Available for Lease at Midtown Village
• 2nd Floor Office Space Available for Lease at Midtown Village

For More Information Contact:

Cody Cress
910.409.8421
Cody.Cress@theCRESSgroup.com

Tyler Pegg
910.512.3550
Tyler.Pegg@theCRESSgroup.com