WilmingtonBiz Magazine - 2021 Commercial Real Estate

Page 18

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DIGEST THE

A R O U N DU P O F R E C E N T CO MME R C IA L R E A L E STAT E NE WS

AUTUMN HALL EXPANDS FOOTPRINT

JORDAN GIVES $10M FOR MEDICAL CLINICS

Wilmington native Michael Jordan made a $10 million gift to the Novant Health Foundation to open two medical clinics in New Hanover County. The two new clinics are slated to open in early 2022. “I am very proud to once again partner with Novant Health to expand the Family Clinic model to bring better access to critical medical services in my hometown,” Jordan said in the announcement. “Everyone should have access to quality health care, no matter where they live, or whether or not they have insurance. Wilmington holds a special place in my heart and it’s truly gratifying to be able to give back to the community that supported me throughout my life.” Jordan’s donations total $17 million to help develop clinics, which are owned and operated by WinstonSalem-based Novant Health.

The announcement came just weeks after Novant Health closed Feb. 1 on its nearly $2 billion purchase of New Hanover Regional Medical Center, which includes a partnership with UNC Health and UNC School of Medicine. Novant Health and Jordan previously partnered to open two Michael Jordan Family Clinics in Charlotte. Officials haven’t yet announced where the clinics will be located in New Hanover County. Former NHRMC president and CEO John Gizdic, who was named executive vice president and chief business development officer for Novant post-sale, said the donation and partnership will help continue what NHRMC had set in motion to address the health needs of those underserved in the local community.

– CHRISTINA HALEY O'NEAL

TO STAY IN THE LOOP ON THE LATEST REAL ESTATE HAPPENINGS, CHECK OUT THE WEEKLY REAL ESTATE UPDATE EMAIL. SIGN UP AT WILMINGTONBIZ.COM.

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Autumn Hall has been growing into its next phase. The master-planned community off Eastwood Road already includes houses, apartments, office users and more. Under construction these days is the first building in the latest phase of the community’s expansion. At the corner of Autumn Hall Drive and Eastwood Road, the building is nearly 20,000 square feet, with about 10,000 square feet of Class A office space and nearly 10,000 square feet of restaurant and retail options. The retail offering will be anchored by a 2,264-square-foot Starbucks and a 5,500-square-foot, upscale restaurant to be owned and operated by well-known local restaurateur Ash Aziz. Cape Fear Commercial, which also is moving its office to the new building, is the brokerage in charge.

$15 MILLION

Amount NHC spent with MINORITY & WOMEN BUSINESS ENTERPRISE vendors

AN INCREASE OF

146 % after a policy change


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