Jump to content

Wilmington Economic Development

Rufus

By Rufus
in Wilmington

 Share

Recommended Posts

  • Popular Post
Rufus Hamlet

Rufus

Posted
  • Popular Post
Posted

My new NC base (for family, not work lol) is now Wilmington, which has long been a city of interest to me. So, I thought I would start a business section for Wilmington, since it is slowly gaining a ton of steam with its economy. 

First is hometown mega corp, PPD which went public after years of being private. It's now listed at #641 on the F1000, with $4.031b in revenue. I would expect that to grow this year as well too. Interested to see what space they may need with this growth. 

Secondly is a $100m IPO being formed by Wilmington-based Cloud-financial nCino. 

 

This is all in addition to the port seeing some of the fastest growth nationally. 

 

@KJHburg not trying to steal your thunder! You're my Econ Dev inspiration on this forum lol. 

  • Like 7
Link to comment
Share on other sites

  • Replies 75
  • Created
  • Last Reply

Top Posters In This Topic

Popular Days

Top Posters In This Topic

Popular Days

Popular Posts

Rufus
Rufus

My new NC base (for family, not work lol) is now Wilmington, which has long been a city of interest to me. So, I thought I would start a business section for Wilmington, since it is slowly gaining a t

KJHburg
KJHburg

Wilmington which I get to once a year is booming so it will be good to have someone on the ground there.  And there is a lot more business than tourism there the port, PPD, the fintech, manufacturing

KJHburg
KJHburg

New legal tech company from Brooklyn opening up office in downtown Wilmington with 50 employees.   http://www.wilmingtonbiz.com/technology/2021/07/20/litify_looks_to_downtown_wilmington_for_new_o

Posted Images

KJHburg Ecumenopolis

KJHburg

Posted
Posted

Wilmington which I get to once a year is booming so it will be good to have someone on the ground there.  And there is a lot more business than tourism there the port, PPD, the fintech, manufacturing etc.   Downtown is booming too with RiverPlace and new apartments.  It is like a Charleston 10 years ago.  So once you get there flood the site with photos too. 

  • Like 4
Link to comment
Share on other sites
Rufus Hamlet

Rufus

Posted
  • Author
Posted
22 minutes ago, kermit said:

The three racist WPD officers are now trending nationally. Not a good look.

Race relations have always been Wilmington’s Achilles heel.

Going back to its founding....

It's so interesting to know that before 1898 Wilmington was a Black majority city, and even had a prosperous freed-slave population before the massive 1898 Massacre

Link to comment
Share on other sites
rancenc City

rancenc

Posted
Posted
18 hours ago, Rufus said:

Going back to its founding....

It's so interesting to know that before 1898 Wilmington was a Black majority city, and even had a prosperous freed-slave population before the massive 1898 Massacre

Actually it was the first and only time in the USA in which an elected government was violently overthrown.

  • Like 1
Link to comment
Share on other sites
  • 1 month later...
  • 5 months later...
  • 4 weeks later...
  • 2 months later...
KJHburg Ecumenopolis

KJHburg

Posted
Posted

These are excellent jobs for Wilmington.  NCino the fintech company based here is planning another 90,000 sq ft building in Mayfaire and adding 600 plus parking spaces in a deck indicating they are adding 100s of people in Wilmington in the future.  They employ 700 here now.    Average salary $100K 

HQ expansion at nCino allows for 600 new employees | WilmingtonBiz

  • Like 3
Link to comment
Share on other sites
  • 2 months later...
  • 3 weeks later...
KJHburg Ecumenopolis

KJHburg

Posted
Posted (edited)

New legal tech company from Brooklyn opening up office in downtown Wilmington with 50 employees.  

http://www.wilmingtonbiz.com/technology/2021/07/20/litify_looks_to_downtown_wilmington_for_new_office/22103

Legal Solution Software for Law Firms | Litify

""Litify, founded in 2016, operates a platform built on Salesforce.com aimed at law firms, in-house legal departments, government agencies and nonprofits to help manage and streamline their tasks, intakes, documents and client communications.""

Edited by KJHburg
  • Like 4
Link to comment
Share on other sites
  • 3 weeks later...
  • 3 weeks later...
KJHburg Ecumenopolis

KJHburg

Posted
Posted

Was in Wilmington about 48 hours and ran into 2 different tv and movie productions going on downtown.   Fox's People Like Us new series was filming downtown and a Hallmark Channel movie called Christmas in Harmony filmed a scene on Market St near the Kilwins notice the Christmas decor and fake snow.  

www.filmnc.com

IMG_0857.JPG

IMG_1009.JPG

IMG_1013.JPG

IMG_1014.JPG

IMG_1015.JPG

IMG_1016.JPG

IMG_1096.JPG

  • Like 3
Link to comment
Share on other sites
  • 3 weeks later...
rancenc City

rancenc

Posted
Posted

New industrial flex space could be in the works for New Hanover County.

http://www.wilmingtonbiz.com/real_estate_-_commercial/2021/09/13/new_industrial_flex_space_could_be_coming_to_blue_clay_road/22294?utm_source=MadMimi&utm_medium=email&utm_content=WilmingtonBiz_com+Monday+Update&utm_campaign=20210913_m164723969_09%2F13%2F2021+WilmingtonBiz_com+Monday+Update&utm_term=New+industrial+flex+space+could+be+coming+to+Blue+Clay+Road

  • Like 1
Link to comment
Share on other sites
rancenc City

rancenc

Posted
Posted

Additional tech jobs could be in the works for Wilmington.

http://www.wilmingtonbiz.com/government/2021/09/20/for_local_tech_firm_county_approves_120k_in_incentives/22329?utm_source=MadMimi&utm_medium=email&utm_content=WilmingtonBiz_com+Monday+Update&utm_campaign=20210920_m164812356_09%2F20%2F2021+WilmingtonBiz_com+Monday+Update&utm_term=For+local+tech+firm_2C+county+approves+_24120K+in+incentives

  • Like 1
Link to comment
Share on other sites
nicholas Burg

nicholas

Posted
Posted
On 9/15/2021 at 3:10 PM, rancenc said:

Could development come to the west side of the Cape Fear River?  Let's see what happens!!!

https://www.starnewsonline.com/story/news/2021/09/15/new-wilmington-development-proposed-western-bank-cape-fear-river-downtown/8319144002/

WECT (local NBC affiliate) is reporting that this would be a $700 MILLION dollar project.  This would definitely overwhelm downtown Wilmington, but I don't think it's too far out of line for the other side of the river.  Will definitely be an interesting proposal to follow, should know a bit more after info from the community meeting next week is released.

  • Like 3
Link to comment
Share on other sites
KJHburg Ecumenopolis

KJHburg

Posted
Posted

Yes those are great jobs any bigger city would have loved to have too.

Filming continues to boom in Wilmington.  I was there fro 3 days and 2 productions filming downtown a Hallmark Christmas movie and Fox's "People Like Us" series 

Unusual setup at The Pointe caught your eye? It’s a film set for Netflix | Port City Daily

 

  • Like 4
Link to comment
Share on other sites
  • 3 weeks later...
rancenc City

rancenc

Posted
Posted

New office coming to the Autumn Hall Development.

http://www.wilmingtonbiz.com/real_estate_-_commercial/2021/10/25/site_plans_submitted_for_office_buildings_at_autumn_hall/22478?utm_source=MadMimi&utm_medium=email&utm_content=WilmingtonBiz_com+Monday+Update&utm_campaign=20211025_m165248518_10%2F25%2F2021+WilmingtonBiz_com+Monday+Update&utm_term=Site+plans+submitted+for+office+buildings+at+Autumn+Hall

 

  • Like 1
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...

Important Information

By using this site you agree to our Terms of Use and Privacy Policy. We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.