The bureau hopes to have a decision by year end. Wilmington is 150 miles southeast of Downtown Charlotte.
A major attraction in this coastal city of 50,000 residents is the EUE Screen Gems Studios, arguably the largest facility of its kind east of Los Angeles. Filmmaking activities account for almost 15% of the area's total economic structure. The studio has nine sound stages totaling 115,000 sf of stage space and offers a three-block, four-story urban studio backlot fashioned after New York City streetscapes. Additional stages and production offices are available at the nearby Wilmington Film Studios.
Despite the extreme weather in the area last year, travelers spent about $295 million in New Hanover County, a 14.5% increase from 1998, according to the Travel Industry Association of America. The new eight-story Holiday Inn SunSpree resort at nearby Wrightsville Beach opened this year with 185 guest rooms, 8,500 sf of meeting and convention space, five pools, oceanfront restaurants, a health and fitness center, an indoor market, and activity centers for guests and children. The Wilmington Hilton recently added 100 rooms and increased its meeting space by nearly 20,000 sf.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 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.