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Two recent business announcements focused on the downtown Wilmington area.
Wilmington Downtown Inc. last week introduced officials with Parastream Development, which bought more than 7 acres in the historical Soda Pop District that includes the former Coca-Cola building on Princess Street. From the $8 million sale, the developers plan to add manufacturing, retail and residential space.
And market research firm Suzy said it will bring 40 jobs and open an office in the former Bank of America building on North Third Street, the Wilmington Chamber of Commerce announced. The chamber has created a new position for small business development and business retention, supported in part by funding from the county as part of its spending on economic development.
Joining us today are the heads of WDI and the chamber to share updates on those announcements and how they came together as well as their focus on economic development projects going forward.
The Panel:
HOLLY CHILDS, Wilmington Downtown Inc. President & CEO
Holly Childs was named in December 2020 as the head of WDI, a public-private group tasked with promoting economic development and growth in the downtown district. Childs, who started in the role at the beginning of this year, moved from Morgantown, West Virginia, where she worked with a commercial real estate company.
NATALIE ENGLISH, Wilmington Chamber of Commerce President & CEO
Natalie English has been a chamber of commerce executive for more than 20 years. She began her role as president and CEO of the Wilmington Chamber of Commerce in 2017, after serving 11 years with the Charlotte Chamber of Commerce, including as its chief public policy officer.
Two recent business announcements focused on the downtown Wilmington area.
Wilmington Downtown Inc. last week introduced officials with Parastream Development, which bought more than 7 acres in the historical Soda Pop District that includes the former Coca-Cola building on Princess Street. From the $8 million sale, the developers plan to add manufacturing, retail and residential space.
And market research firm Suzy said it will bring 40 jobs and open an office in the former Bank of America building on North Third Street, the Wilmington Chamber of Commerce announced. The chamber has created a new position for small business development and business retention, supported in part by funding from the county as part of its spending on economic development.
Joining us today are the heads of WDI and the chamber to share updates on those announcements and how they came together as well as their focus on economic development projects going forward.
The Panel:
HOLLY CHILDS, Wilmington Downtown Inc. President & CEO
Holly Childs was named in December 2020 as the head of WDI, a public-private group tasked with promoting economic development and growth in the downtown district. Childs, who started in the role at the beginning of this year, moved from Morgantown, West Virginia, where she worked with a commercial real estate company.
NATALIE ENGLISH, Wilmington Chamber of Commerce President & CEO
Natalie English has been a chamber of commerce executive for more than 20 years. She began her role as president and CEO of the Wilmington Chamber of Commerce in 2017, after serving 11 years with the Charlotte Chamber of Commerce, including as its chief public policy officer.