City Closes On Downtown Office Campus

The City of Wilmington has successfully acquired a 12.5-acre office campus in northern downtown, which includes a 1,022-space parking deck, a large office building, and two adjoining development tracts. The acquisition of the office campus allows the city to add much-needed parking capacity near Riverfront Park and consolidate numerous city departments under one roof forContinue reading “City Closes On Downtown Office Campus”

Council Recap: A Brief But Eventful Meeting

Wilmington City Council held its second regular meeting for the month of February and first up, council declared a number of city-owned properties as surplus, contingent on the potential purchase of Thermo-Fisher’s downtown campus. Declaring them surplus now allows the city to begin the process of divesting itself of these properties, and enhances the city’sContinue reading “Council Recap: A Brief But Eventful Meeting”

City To Consider Purchase Of Thermo Fisher’s Downtown Campus

At its January 24 regular meeting, Wilmington City Council will consider an agenda item to provide a fully refundable $500,000 earnest money deposit to explore purchase of a 12.5-acre campus in the city’s northern downtown. The deposit provides the city with 120 days to evaluate all aspects of the potential acquisition. The campus includes aContinue reading “City To Consider Purchase Of Thermo Fisher’s Downtown Campus”