Note: this public notice has been updated to reflect the correct time for the board meeting, which will take place at 9 a.m.
NEW HANOVER COUNTY, NC – The New Hanover County Board of Commissioners will hold a public hearing on a proposed Memorandum of Understanding (MOU) for Project Grace at its regular meeting on Monday, March 15, 2021 at 9 a.m.
Project Grace is a proposed redevelopment opportunity of a three-acre county-owned block in downtown Wilmington, bordered by Grace, Third, Chestnut, and Second streets. In the proposed MOU, the project would include a new, modern public library and Cape Fear Museum, an office component, and private development with residential and mixed use – creating a civic and arts district in downtown Wilmington.
“While Project Grace has been out of the public square for a while, the Zimmer Development team has been continuously exploring alternative options and designs for the block, at the direction of the Board of Commissioners in 2019,” said County Manager Chris Coudriet. “This public hearing will be an opportunity for the board to receive community input regarding this newly proposed MOU and then the board will provide direction to staff and the development team on how to move forward. The proposal is also contingent upon approval by the Local Government Commission.”
Under the proposed MOU, the developer would manage the construction of both the public and private facilities on the site and, at the end of construction on the library and museum components, the county would have a twenty-year lease on the buildings that is inclusive of the construction, furniture and fixtures. At the end of the twenty-year term, New Hanover County would own the library and museum components at no additional cost. The parcel for private development would include residential and mixed use that would enhance the tax value.
The Board of Commissioners meeting will be held at the New Hanover County Historic Courthouse, 24 North Third St., Room 301, and can also be viewed on NHCTV.com, and on NHCTV’s cable stations: Spectrum channel 13 and Charter channel 5.
Public comments can be made at the March 15 meeting, with social distancing guidelines followed, or they can be submitted prior to the meeting by emailing email@example.com. Emailed public comments must be received by 6 p.m. on March 14, 2021 and will be made available to the board during the public hearing.
View more information, FAQs, and the proposed MOU at NHCgov.com/project-grace.