Friday, December 9, 2022

Minutes from Wilmington via I-140, Navassa is now poised for a development boom

With hundreds of acres being rezoned, and thousands of units already planned, Navassa appears to ready to catch up to rapid development in neighboring Leland.

NAVASSA — Brunswick County is one of the fastest growing regions in the state. But much attention has been paid to rapid growth in towns like Leland, there is still a lot of potential for new growth in neighboring communities.

One such area is the Town of Navassa, located along I-140 about 5 miles west of Wilmington, where developers have their sights set on the untapped potential of area.

Since the completion of I-140, the time it takes to travel to Navassa from Wilmington has decreased significantly, making the town an attractive area for a new suburban center, according to Chris Rogers of Lincoln Development Company.

“Navassa’s location is perfect as a suburban bedroom community which will add to the quality of place for the greater Wilmington metropolitan area. As an economic driver, NC DOT spent upward of $120 million on the I-140 Wilmington bypass. This includes a new Cape Fear River bridge crossing connecting North Brunswick County to Wilmington,” Rogers said, referring to the Dan Cameron Bridge over the Northeast Cape Fear River.

“Lincoln’s key Navassa properties by I-140 Exit 8 and Exit 10 are gaining serious interest for residential and commercial land uses. Builders are inquiring. We are confident Navassa will see many new built projects coming down the pipeline,” he concluded.

On I-140, Navassa is accessible via exits 10 and 8 and is about a 10-minute drive. According to Rogers, this is quicker access to Wilmington than other suburbs in the area.

But Lincoln Development is not the only developer with its sights set on Navassa.

The Trask Land Company recently had 300-acres rezoned in Navassa. The Wilmington River Club LLC has a 2,200-unit planned development and the Mulberry Land Company has a 3,000-lot development planned.

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