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Ballpark could bring homes and businesses to downtown Wilmington


WILMINGTON, NC (WWAY) -- If voters say yes to a baseball stadium next week, we could see some businesses and homes in downtown Wilmington.

Patrick Melton of South Street Partners says the Charlotte-based private real estate investment company has put in an offer to buy the Upper Dean Tract. That's next to the Sawmill Point property between Cowan Street and the Isabel Holmes Bridge the city is negotiating to buy for a ballpark. Melton is listed as a manager for Sawmill Point.

In a news release, Melton says South Street would build high-end residential and retail space if voters approve a bond referendum to build the ballpark.

"We are serious about making downtown Wilmington a magnet for economic development," Melton said in the release. "We know that the ballpark will make this area of downtown a true destination for entertainment and business. A mixed-use project overlooking the ballpark will be another key asset in the area's ongoing development."

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You know

"By the way, did you see Schoninger is now looking at cold storage facilities at the port for his next venture. Planning to use those same Chinese investors he was using at his ground zero. Amazing what you can learn by googling."

You know - I don't google as well as younger people do which is why 'ol Vog provides links to the stuff that he posts here (Hint hint)

C'mon Tom - I talk in complete sentences and try not to use jargon - which is why I don't "tweet" (I squeak but that's because my joints need oil).
If you allude to a search that paid off - then provide the link.......



and then search for schoninger or USAInvestCo of which he is President. Nice vidoe which includes everyone's favorite, Jason Thompson.