Search
 

City Mulls Various Sites and Proposals for New Convention Center

WILMINGTON, NC-With numerous offers on the table, no matter which developer walks away with the contract, the city can't lose. A decision will be made before the end of the year.

By Robert Anthony | Updated on November 14, 2000

WILMINGTON, NC—This city has gotten the mega-complex fever that has revitalized so many CBDs around the nation and plans to put up a convention center. A site-selection subcommittee has heard proposals from four final bidders and will make its recommendation before the year is out.

Those close to the discussions say the site being proposed by developer Dean Scarafoni might have the best chance at this point. Not only is Scarafoni’s plan similar to a $37-million concept by Strategic Advisory Group-— consultants hired by the city to develop a convention center plan-—it is also close to Downtown. Also, Scarafoni plans to develop the convention center with Summit Hospitality and Marriott International, the former having had considerable experience operating convention centers.

A possible downside to Scarafoni’s site proposal is that it might not be big enough for future expansion. The plans call for a 30,000-sf convention center that could expand by another 30,000 sf or so.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.