Chris Coudriet

2 weeks ago | wilmingtonbiz.com | Cece Nunn |Girard Newkirk |Jordan Cain |Chris Coudriet

New Hanover County commissioners want the county's staff to crunch their numbers again after hearing a recommended tax rate for the next fiscal year’s budget on Monday. The $488.5 million New Hanover County budget presented to commissioners Monday morning as a recommendation includes a 10-cent property tax rate cut, from the current 45 cents to 35 cents. Because of the tax revaluation the county performed this year, the lower rate doesn’t equate to lower tax bills.

1 month ago | wilmingtonbiz.com | Cece Nunn |Jane Morrow |Chris Coudriet |Jennifer Adams

Investors recently paid more than $2.5 million for property in Wilmington that comes with government approvals for a 61-unit residential development. Bradley Heights – a “cottage courtyard” housing project planned on a little over 7 acres off Oleander Drive and Peiffer Avenue – was at one time set to hold rental units. But the rental plan has changed.