The Region s Premier Center
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- Vivian Cannon
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1 The Region s Premier Center
2 Community Overview Population: 106,476 Household Per Capita Income: $39,764 Racial Composition: 71% white 20% African American 9% other Notable Private Employers PPD Development Corning Inc. GE Hitachi Verizon GE Aviation Vertex Rail Technologies Other Assets State Port UNCW Cape Fear Community College Tourist Destination Film
3 Recent Accolades
4 Recent Accolades
5 Overview 3.1 million square feet of commercial space (660k leasable) $401 million tax value 10,909+ employees 880+ businesses 2,114+ residents 155 shops, boutiques and salons 102 restaurants and bars 6,376 publicly owned parking spaces
6 Modern History of Downtown Development Compact and high density Center of everything 1950 s forward: HUGE Government Subsidies: GI housing boom post WWII Transportation improvements Utilities expansion Annexation People moved business followed Fighting flight and blight: Urban Renewal 1960 s Pedestrian Malls 1970 s Partnership Organizations - today DARE
7 Proven Track Record Formed in 1977 Private sector led and directed 36 Board members 5 Committees open to all 1 full time, 2 part time staff $399,000 budget Stimulate investment and interest in Downtown Mall manager
8 Board of Directors Nick Balding Nancy Bullock Tanner Clayton Andrew Cooke TJ Dunn Hank Estep Andrew Gray Donna Gurganus Clark Henry Margaret Haynes Thomas Harris Mike Lardieri Clark Hipp Chris Hinnant Christine Hughes Bob Jones Billy King Balding Brothers The Cotton Exchange Waverider Designs BB&T TJ Dunn Style Consultant GriffinEstep Benefit Group Tayloe Gray Kristoff First Bank ciii Associates City of Wilmington Front Street Brewery HomesforsaleWilmington.com Hipp Architecture Cranfill Sumner & Hartzog City of Wilmington Cape Fear Community College Wilmington Business Development Connie Lincoln Lara Landgraf Paul Lawler Cathey Luna Alan Murphy Daniel Pena Tim Neathery Chris O Keefe Tyler Pegg Robert Rosenberg Holland Soucy Colin Tarrant John Walker Rob Wagner Stephen Whitney Rob Zapple Manifest Service Transfer, Inc. Residents of Old Wilmington Luna Ad Coastal Kicks JC Print PPD New Hanover County Coldwell Banker Commercial Monarcares Wilmington Convention Center Smith Moore Leatherwood First Citizens Bank McGladrey Architect New Hanover County
9 WDI s Holistic Approach Economic Development: Entrepreneur recruitment/assistance Business retention Loan Program Demographic Profile Promotions and Events: Lifestyle Tour Shopping, Dining Entertain Guide Sundown Concert Series Economic Series Design and Public Space: Urban Planning Public Safety Pedestrian Environment Responsible Hospitality Institute Organization and Collaboration: Top Producer of the Year Award (WRAR) Bring It! Downtown (DBA) Downtown Parking Advisory Committee Convention Center Authority Business Owner & Resident Survey
10 Why is Downtown Important Downtown Wilmington Is our Center
11 National Business Center Bank of America BB&T Wells Fargo McGladrey Accounting Hilton Hotel Ruth's Chris Steak House Best Western Coastline Inn The UPS Store Subway Jimmy John s
12 Regional Business Center First Bank First Citizens Bank Law Firms Accounting Firms Port City Java Technology and Creative Government City County State Federal Cape Fear Community College TGK
13 Center of Nightlife Orton s Ziggy s By the Sea City Limits Saloon Whisky Pravda Slainte Irish Pub Level 5 Blue Post Billiards Ibiza Ziggy s By the Sea Five Star Tavern Costello s Calico Room Cape Fear Wine & Beer Duck and Dive Dead Crow Comedy Club
14 Center of Faith and Compassion Churches Social Services Job Training Homeless/Life Skills Childhood Development Civic Organizations Medical Facilities Clinic Dentists Eyes
15 Center of Unique Retail Island Passage Lure Edge Of Urge Aqua Fedora Crescent Moon SALT Studio Photography Old Books on Front Candles Etc. Cape Fear Native Port City Treasures New Elements Gallery Finkelstein's Coastal Kicks Momentum Surf & Skate The Italian Gourmet Market Castle Street Antique District Manifest Design
16 Dining and Foodie Center A Slice Of Life Pizzeria Caprice Bistro Aubriana's Bourbon St. Restaurant The Copper Penny Dixie Grill Dock Street Oyster Bar Fat Tony's Italian Pub Front Street Brewery The George On The Riverwalk The Greeks Mediterranean The Little Dipper Louie s Hot Dogs Sunny Sushi
17 Craft Brew Center Flytrap Brewing
18 Center of Arts and Culture Brooklyn Arts Center Bellamy Mansion Burgwin-Wright House City Stage Thalian Hall TheatreNow The Cape Fear Playhouse Historic Hannah Block USO Building Latimer House Museum Public art
19 Visitor and Tourism Center Convention Center Coastline Convention Center Riverwalk Riverboat Tours Hotels (Nationals, Boutique, B&B) Children s Museum Railroad Museum Historic District Cape Fear Museum Serpentarium
20 Residential Center Historic Homes Modern Infill Condos Apartments
21 Center of Community Identity Distinct Built Environment Public Realm
22 Why is Downtown Important? 10,909 jobs 880 businesses $401 million tax value Millions $ in public and private investment
23 Downtown Economic Progress January 1, 2014 December 31, 2014 New Start-up Businesses: 21 Net New Businesses: 11 Business Expansion/Retention: 6 Estimated Net New Jobs: 50.5 New Investment: $42.3 m - 85 Renovation and Construction Projects Generating $20.2 million - 55 Property Acquisitions generating $22.1 million in sales Total Assessed Value: 2012 $572,548, $604,594, % annual growth
24 Current Development Projects Port City Marina & Mixed Use
25 Current Development Projects Riverwalk Expansion
26 Current Development Projects Port City Marina & Mixed Use 320 Chestnut Street
27 Current Development Projects CFCC Fine Arts
28 Current Development Projects Princess and 3 rd Office Cape Fear Development
29 Current Development Projects Marina/Mixed Use New City Park
30 Current Development Projects Indigo Hotel Restaurants 2015 Port City Marina & Mixed Use New City Park
31 Announced Development Projects Embassy Suites
32 Announced Development Project
33 Announced Development Projects Courtyard by Marriott Pier 33 Apartments
34 Announced Development Projects Sawmill Point Apts.
35 Potential Development Project Marina/Mixed Use New City Park Water Street Deck Redevelopment
36 Other Development Projects 21 South Front (NextGlass) Infill housing Urban Oasis Stephens Building Brooklyn Arts Townhomes 220 North Front Pinpoint Restaurant 3 rd Street Bridge replacement Cape Fear Museum outdoor learning center Betsy s Crepes Library park renovation Riverfront Park/Bulkhead replacement New Condos
37 $264.2 million Underway or announced!
38 Upcoming Projects Tech-based Tour MSD Evaluation State Legislative Obstacles: - Film Grant - Historic Preservation - Sales Tax Redistribution Loan Program Refinements Communications Expansion Bring It Downtown! (w/dba & City) Kiosk Sign Replacements Collaboration with CFCC Fine Arts Sundown Concert Series
39 A Word About Safety
40 National Trends and Themes Housing Hospitality Experiential Social Networks Sustainability Authenticity Focus Work Program Collaboration Leadership Programs Expanding the toolbox Incentives Persistence Quality
41 Downtown Wilmington Wilmingtondowntown.com
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Holiday Events- 2018
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