When the 300-acre Barclay development is finished, it will help define the southwest area of Wilmington.
The development, which is in its early stages, will straddle the north and south sides of Independence Boulevard between South 17th Street and Carolina Beach Road. Crews are already working onsite to install infrastructure improvements.
Because the vacant land is surrounded by rooftops and commercial development, Hill Rogers, broker-in-charge for developer Cameron Management, considers Barclay an infill project. Infill development refers to a vacant land between areas that are already developed
Mayor Bill Saffo compares the Barclay development to Mayfaire Town Center, which has a similar footprint.
“What you see at Mayfaire,” Saffo said, “You’re going to see on the south side… The main growth of the city in the next decade is going to be on that side of town.”
Below is a list of the project’s specifics:
- It is a 25 to 30-year project. When complete, the woods will be transformed into a mixed-use development.
- A 14-screen cinema multiplex theater is in the works. Stone Theatres plans a 55,000-square-foot cinema slated to open in late fall 2016/early 2017. Those plans are under city review.
- The development team’s initial focus is on the tract of land south of Independence Boulevard between South 17th Street and Carolina Beach Road.
- One of the initial components of the development will be a 402-unit apartment complex bordering South 17th Street and George Anderson Drive. The apartments will include one-, two- and three-bedroom units. The city has approved the preliminary plan.
- The land is owned by Cameron Properties Limited Partnership. Cameron Management has partnered with Collett, a Charlotte firm, to develop the first phase of retail, The Pointe at Barclay, which will be anchored by the cinema.
- In 2013, the city council rezoned the land to 132 acres of office and institutional; 91 acres of regional business; 74 acres of multi-family housing; and 4 acres of community business. Under current rules, it would allow 1.5 million square feet of retail, 1.5 million square feet of offices, 40,000 square feet of restaurants, 25,000 square feet of community business and 1,375 apartment units. The apartments could house an estimated 3,450 people.
By Julian March
Published: Thursday, October 29, 2015 at 11:07 a.m.