Dec
08

NorthView Partners Developing Wilmington Apartments

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Developers plan to break ground soon on upscale apartments in a mixed-use development, where 25 acres of commercial land is currently under contract on Carolina Beach Road.

Meridian at Fairfield Park, made up of 241 units and a variety of amenities, will join a growing list of apartment projects under construction.

“This has been pending for quite some time, but it’s finally going forward,” said Richard Cotton, a broker and managing director of Muiltifamily Realty Advisors. Cotton represents Neal Hunt, a state senator who owns the property where the apartments will be built.

NorthView Partners, a Raleigh-based firm and development partner in Meridian at Fairfield Park, will close on a construction loan and begin building this month, said Mark Barker, CEO and principal of NorthView Partners.

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Categories : Wilmington

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