Wilmington, NC continues to be top-ranked in the country for inbound moves and reports show there isn’t a slowdown. The new project, Riverwood, is set to include 86 townhomes and 120 garden-style apartment units on 17 acres, part of a redevelopment portion of Echo Farms, replacing the neighborhood's golf course.
In an article written by Cece Nunn, a staff writer for Wilmington Business Journal, on Jan 11, 2021, the following was stated by Brian Eckel, of GHK Cape Fear Development and Wilmington-based commercial real estate firm Cape Fear Commercial, “We see high demand for both single-family and townhomes. We started leasing Woodlands Landing just as the governor shut down NC in April and we are now over 92% leased. Builders and residential Realtors need inventory right now, so we think our timing is good.” http://www.wilmingtonbiz.com/real_estate_-_residential/2021/01/11/latest_echo_farms_development_includes_single-family_homes_townhomes/21346
“HKJ appreciates the opportunity with Cape Fear Commercial and GHK Cape Fear Development. They are one of our best clients and we can’t wait to get started on this project.”, says Scott Niebauer – Director of Business Development of Harold K. Jordan & Co.
Site work and utilities are in progress.