A 72-unit townhome project proposed at 6302 Chissom Road in Wilmington's Myrtle Grove area targets missing-middle housing demand as the MSA absorbs ~12,000 new residents annually.
Zephyr Development's 250K sq ft spec flex park on Blue Clay Road tests Wilmington's industrial absorption limits amid a nearly 3.9M sq ft construction pipeline.
East West Partners reportedly paid $2.08M/acre near Wrightsville Beach for multifamily. The land basis raises hard questions about density and bridge risk.
Wilmington housing data shows $429K homes, $1,600 rents, and 3.68-month supply — a market softening at the margins but structurally undersupplied.