Submitted by MM (not verified) on Wed, 02/27/2008 - 2:51pm.
I am in the same master's program at UNCW and was at the meeting last night, and I can't help but weigh in on this.
I am also a 7yr resident of downtown and have been working in the private sector real estate industry for 6+ years, so I think I can see the situation from all sides. I believe it's important to recognize the economic good developers have provided the City by their investment in downtown (notwithstanding the lack of affordable housing, which is a separate issue). Developers' concerns should be validated so that we can all work together. Some of these landowners have lived in Wilmington for decades, and the City can't revitalize itself on it's own. I do believe in and support the adopted plan and most aspects of the new regs (they are best practices), but I worry we are alienating the very same industry we need to fulfill the Vision 2020.
New Regs