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The Cottages at College Acres will open its first phase this fall. Bedrooms rent for around $800 per month in the 45 townhome units that will soon mark College Acres Drive. Developers worked for years to transform the entire block of land, next-door to UNCW, in order to establish an upscale student living community. (Port City Daily/Mark Darrough)
WILMINGTON An assortment of developers and consultants worked for years to bring a student-housing project to the border regions of UNCW. At least 14 properties along a stretch of College Acres Drive were purchased in order to demolish nearly 10 acres of land north of the university. Between 2018 and 2020 the territory was rezoned to set the stage for a housing development that will include more than 100 townhome units.
Elusive Investors keep buying and selling – People remain and suffer
by Joseph Saffa
In January 2009, the President of Sierra Leone launched an ambitious 4 hundred million Euros project in one of the most deprived villages in Sierra Leone. He referred to the project as his baby, a demonstration of his government’s ability to attract economic investors. The project was touted to be the biggest agricultural project ever in the country.
Addax Bioenergy Sierra Leone (ABSL), a Swiss based subsidiary of the Addax and Oryx group (AOG), initiated the Sierra Leone Project in 2008. The company acquired 10.000 ha from landowners in the Makeni region to develop a greenfield integrated agricultural and renewable energy project to produce fuel ethanol to export to EU and electricity to be sold to local market in Sierra Leone. The project was partially financed by the AOG and funded by seven European and African development financial institutions (DFI’s).