Downtown Wilmingtons 13-story development nears grand opening – StarNewsOnline.com

After years of construction, the $80 million River Place facility is almost ready

Downtown Wilmington will soon welcome the grand opening of a high-rise neighbor.

River Place, an $80 million, 13-story mixed-use development slated to contain residential, parking and retail space, has not only made strides in attracting commercial and residential tenants, but is almost finished with construction.

Lucien Ellison, Senior Managing Partner for East West Partners, who has worked with the city on the project, said the to-do list is "getting smaller and smaller."

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The building welcomed its first apartment resident last week, and more residents are expected to move in by the end of August. So far, 10 out of the 79 apartment apartment units have been leased, Ellison said. A majority of condo residents have already moved in with only 10 more left for sale out of 92 units.

Along with the influx of condo and apartment residents came the project's 403 parking spaces, which finished construction in May and is currently open to the public.

Meanwhile, the buildings commercial tenants - Axis Fitness, Bank of America, Mellow Mushroom, the Nutrition Spot, and more recently, Dollar General-owned DGX - are working on outfitting their spaces, with some expected to open in September.

Among the other completed projects are a multi-level staircase connecting Front Street to Bijou Park with Water Street. An access to Bijou Park that would re-connect Chestnut Street to Water Street is expected to be finished in the next six weeks.

The current focus is to finish up the roadwork around the building, including the portion of Water Street between Grace and Chestnut streets. This portion, which has been closed for construction since 2018, should be paved in the next four weeks.

Although much has been accomplished, Ellison said the COVID-19 pandemic has slowed down the projects completion, decreasing the amount of workers on the site by about 25%.

Hurricane Isaias didnt help either. As a result of the storm, the building was left with water intrusion on the first floor, an issue workers are currently addressing.

Nonetheless, Ellison thinks the project could be fully completed within "the next couple months."

"I was thinking wed be way done by this point but were not so the timeline has changed so much that I dont even want to speculate on it," Ellison said.

Reporter Noah Johnson can be reached at 910-343-2364 or njohnson12@gannett.com.

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