Hotel, stores planned for 44 acres on Military Cutoff
WILMINGTON, NC (StarNews) — A Greensboro developer is looking transform 44 acres off Military Cutoff Road into a sprawling $200-plus million mixed-use development with nearly a dozen residential and commercial buildings.
Carroll Companies will go before the Wilmington Planning Commission Wednesday with its request to rezone the property, which is currently home to the Hidden Lakes Mobile Home Park, to urban mixed use. It will also seek a special use permit to increase the height limit of several proposed buildings to 75 feet.
Roy Carroll, president of the Carroll Companies, said the development, known as The Avenue, is something into which he and his team have already put two years of work.
“I have been looking for something that is a signature project at this point in my life,” he said, noting he will be the sole financial backer of the project.
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