Planned development at the former AMC theater site in Wilmington, North Carolina

Planned development at the former AMC theater site in Wilmington, North Carolina

The site of a former Wilmington movie theater that closed its doors in October 2023 could soon undergo redevelopment, with plans for a residential complex proposed.

Once a destination for moviegoers, the 8.58-acre property at 111 Cinema Drive features an AMC Classic 16 theater.

If plans for the proposed residential complex move forward, the now-vacant theater would be demolished to make way for residential buildings.

Who owns the property?

A residential complex could be built on the site of a former cinema at 111 Cinema Drive in Wilmington.

The plan details list a Massachusetts-based company, Spirit Master Funding II LLC, now known as SVCN 2 LLC, as the property owner and developer.

The project applicants are Gavin Milligan and Brad Schuler of Paramounte Engineering, Inc. – a Wilmington-based civil engineering company with offices on Cinema Drive.

What development was proposed?

Seven three-story buildings and one four-story building were proposed for the site.

Across the eight buildings, the complex would include 147 multifamily residential units, including 37 two-bedroom units, 12 three-bedroom units, 97 four-bedroom units and one model unit. The total living space would be almost 200,000 heated square meters.

Leave a Reply

Your email address will not be published. Required fields are marked *