WILMINGTON, NC (WWAY) — Tuesday night Wilmington City Council was tasked to potentially sell the old Wave Transit site along Castle and 11th Street to the gang member operated Tru Colors Brewing Company. They decided to wait before doing that to see what their options are with the land.
We told you earlier this week that the CEO George Taylor had shown interest in the brewery moving to the inner city location. The company also was restructured to operate under a non-profit, Tru Impact. They are asking for the sale of the Castle Street site at fair market value.
Wilmington city councilman Kevin O’Grady shared his support for what the brewing company is trying to do in bringing together gang members from different gangs under one roof to seek common ground and work together. In the end, other council members like Paul Lawler and Charlie Rivenbark wanted to see what the traditional methods of selling surplus property looked like.
They were joined by Mayor Pro Tem Margaret Haynes who requested the issue be tabled and brought back up later in March with more information from city staff regarding an appraisal of the land and a more define fair market value as well as a request for proposal outline previewing an open bidding process on the vacant land.
Council approved of that and the issue will be brought back up within a month from now.
Council did move forward awarding a permit for new guest lodging to be established along south 2nd Street. They also passed new fee scheduling that relates to short term vacation rentals in the city. New laws regulating the allowance of two types of STVRs will go into effect next week. The scheduling will set up a new registration fee at $200 per year for each homestay and $300 per year for each whole-house rental.