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Cary company plans apartment development along riverfront


By: Wayne Faulkner

WILMINGTON, NC ( -- A Cary company proposes to build a more than 330,000-square-foot multifamily development along Wilmington's northern riverfront on property once considered for a minor league baseball stadium.

Symphony Properties plans to build 278 apartments in four stories and a parking deck on little more than 8 acres at 15 Cowan St., between Cowan and the Isabel Holmes Bridge.

The development, dubbed Sawmill Point, would be built on the former Dean Hardwood's property. It would have 427 parking spaces, most of them in the parking deck, according to plans submitted Wednesday to the city.

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Good news

I have been saying all along that bringing in residents to LIVE in down town will be the catalyst for future growth. Get a couple of more developments like this and you will see retailers rethinking down town - especially grocers.