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Wilmington's Project Grace development moves forward with new details


New details released Wednesday outline the future of Project Grace, a re-development of Wilmington s downtown library and history museum.
The re-development project has been talked about for years. It was first introduced in 2016 and formally re-surfaced earlier this year when the New Hanover County Board of Commissioners adopted a Memorandum of Understanding with Zimmer Development Inc., a commercial developer.
The MOU directed Zimmer Development Inc. to define the terms of Project Grace and to move forward with community engagement and project design.
Now, the first step outlined in the MOU - the discovery phase - has been completed. The discovery phase allowed LS3P Architecture, the project s design team, to become familiar with the needs of the library and museum and to meet with staff to understand their goals and ideas for a new facility. ....

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New Hanover County commissioners tweak, approve Project Grace deal, stick with lease-to-own


Story Park and the downtown library.
This week New Hanover County commissioners unanimously approved moving forward with Project Grace, after making a few minor tweaks. Those changes left in place the financing structure, which includes $24 million in additional costs to taxpayers in order to ensure the participation of private development.
Several of the last minute changes to the Memorandum of Understanding, or MOU, between Zimmer Development Company and the county addressed concerns voiced earlier this month by the advisory boards for the Cape Fear Museum and the New Hanover County Public Library.
These concerns included 8,000 square feet of shared space, which had been identified in a needs study but left out of the original MOU. The space has been restored to the project at no additional cost. ....

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