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Top wilmingtonbiz.com News

Epsilon weighed multiple states before selecting Brunswick County for $650M plant
Brunswick County, North Carolina · Brunswick County

Epsilon weighed multiple states before selecting Brunswick County for $650M plant

Records show India-based Epsilon Advanced Materials considered sites in six states before choosing Brunswick County for its 500-job graphite facility. North Carolina offered up to $37.6 million in incentives, while Brunswick County is still finalizing its proposed $13.75 million local package. The company expects to break ground in early 2026.Read Article
Wilmington apartments sell for $17.6M after hotel-to-housing conversion
Wilmington, North Carolina · Wilmington

Wilmington apartments sell for $17.6M after hotel-to-housing conversion

A former Budgetel Inn and Motel 6 on Market Street in Wilmington — converted into 230 apartments by Vivo Living — has sold for $17.6 million. The new owner, COW Wilmington LLC, plans to maintain the site as workforce housing.Read Article

Endowment announces 7 new grants for nonprofits

NEW HANOVER COUNTY — The New Hanover Community Endowment has announced more than $3.5 million in seven new grants to nonprofit organizations across New Hanover County. In line with its commitment to its four pillars — education, social and health equity, community safety, and community development — this funding aims to expand food access for New Hanover County seniors… SourceWilmington, North Carolina · WilmingtonSee the Story

Wilmington Budget Passes First Reading, Includes Raises for First Responders

100% Center coverage: 1 sources
WILMINGTON, NC (WWAY) — Wilmington City Council is one step closer to finalizing their budget for the 2025-2026 fiscal year.  Council made its first of two votes on the new budget Tuesday. The budget proposal passed first reading 6-1.  Some of the things in the budget include $30.5 million for capital projects, $8.6 million in salary increases, including for first responders, and $2.3 million for affordable housing projects.  The new budget also…Wilmington, North Carolina · WilmingtonSee the Story

Raleigh tops U.S. in rise of wealthy renters, Redfin data shows

100% Left coverage: 1 sources
Nearly 8% of Raleigh-area renters earned more than $185,000 in 2023 — the biggest jump in wealthy renters nationwide, per Redfin. Rising home prices, flexibility and lifestyle perks are pushing even high earners to rent. Raleigh’s median home price rose 51% since 2019, hitting $423,000 last year.Raleigh, North Carolina · RaleighSee the Story

Wilmington again ranks as top U.S. destination in new moving report

Wilmington tied with Myrtle Beach as the No. 1 most moved-to city in PODS’ 2025 Moving Trends Report. It’s the third consecutive year Wilmington has topped the list. North Carolina claimed five of the top 20 spots overall, including Raleigh at No. 3 (6th in 2024) and Charlotte at No. 6 (5th in 2024).Myrtle Beach · Myrtle BeachRead Article

Army Corps of Engineers Recommends Higher Clearance for Cape Fear Memorial Bridge Replacement

100% Center coverage: 1 sources
WILMINGTON, NC (WWAY) –The U.S. Army Corp of Engineers has ruled against one of the proposed alternatives to replace the Cape Fear Memorial Bridge due to its potential impact on maritime navigation in Wilmington Harbor. In a formal letter sent to the NC Department of Transportation last week, the Wilmington District of the U.S. Army Corps of Engineers announced it will no longer evaluate any plans to construct a fixed bridge with less than 135 f…Wilmington, North Carolina · WilmingtonSee the Story

Local fintechs announce enhanced offerings through partnerships

This week, two Wilmington-based financial technology companies announced they have entered new partnWilmington, North Carolina · WilmingtonRead Article

Wilmington RV park project resumes with luxury camping plans

After a pause, plans for a 50-pad luxury RV park called Studio Park RV are advancing on One Tree Hill Way in Wilmington. Site plans include three buildings and a kayak launch on Smith Creek. Construction could begin in 2026. The project is Wilmington’s first RV park within city limits.Wilmington, North Carolina · WilmingtonRead Article

Coastal Land Trust purchases the South End of Topsail Beach

100% Center coverage: 1 sources
TOPSAIL BEACH, NC (WWAY) — The North Carolina Coastal Land Trust announced it has purchased the South End of Topsail Beach, a significant step in permanent protection of the property. The South End, also known as ‘The Point’, was one of the last remaining privately owned, large, undeveloped tracts on North Carolina’s barrier islands.   A few years ago, a developer was interested in putting a number of homes on the property, but got pushback from…Property · Topsail BeachSee the Story

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