News

BY JESSICA MAURER, POSTED APR 14, 2021 Dave Wishon, a Wilmington native and owner of longtime Port City restaurant Parchies, said in a recent report that the restaurant will be closing April 23. Efforts are already underway to find a new tenant. Wishon has operated Parchies, known for its barbecue, fried chicken and other favorites, at the corner…

You can witness the beauty of Wilmington, North Carolina, any time of year, but especially in spring. The city’s North Carolina Azalea Festival, held every April, features parades, street fairs, home tours, art shows, concerts, and of course, its namesake blooming bushes in vivid shades of purple, pink, and red. These bold flowers are indicative of…

The founders of a new grocery store are hoping to bring their concept, Better Basket, to downtown Wilmington in about four months. Joseph Allen and Frank Christopher Meares are teaming up to bring farm fresh produce and gourmet prepared foods to the space at 143 N. Front St., which was formerly occupied by Farmin’ on…

Renovations to the former serpentarium in downtown Wilmington are nearing completion for a longtime dental practice and new medical spa.  The certificate of occupancy was recently received for the building located at 20 Orange St., said Terry Espy, president of MoMentum Companies, the brokerage firm that handled the property sale and conducted turn-key development for the project.…

Welcome and Congratulations Drew Espy: Drew Espy is the youngest of three sons of Terry Espy, owner of Momentum Companies, Inc., and he is now the second to pass brokerage requirements to join the firm.  He has been involved in the family business peripherally for some time assisting in a general capacity but has now made…

How to sell a home in the winter Winter is not the peak real estate season, but winter home sales are becoming more common, as home sales increase across all seasons. According to Zillow research, 23 percent fewer homes are sold in winter than in spring, and homes listed for sale in the winter stay…

A  Wilmington tradition returns to Thalian Hall with the 10th annual screening of Frank Capra’s iconic holiday film “It’s A Wonderful Life” showing Dec. 21-23. Cheryl M. Whitaker Wilmington StarNews WILMINGTON — The main lobby of Thalian Hall is being transformed into a holiday wonderland, which will include displays of Tony Rivenbark’s famous toy collection. The theater…

Wilmington NC. December 2nd, 2020 – MoMentum Companies is proud to announce that Citrus Salon has finalized their lease for their new space at River Place in Downtown Wilmington” “With a grand opening scheduled for late spring 2021 owner, Alex May, knew downtown Wilmington was her destination and she is excited about being a part…

A prominent restaurant in downtown Wilmington has ordered up a new location. Ruth’s Chris Steak House is moving south down Water Street from the Hotel Ballast to River Place, a 13-story mixed-use project overlooking the Cape Fear River.  Officials with River Place developer East West Partners and commercial real estate and development firm MoMentum Companies…

These discussions will be streamed for free on Facebook Live on the Business Journal’s Facebook page, starting at 8 a.m. The Power Breakfast series is a quarterly gathering of the business community and other community leaders to talk about issues of interest to our region. Each breakfast features a panel discussion or individual speaker focusing on…