Market Overview

The Bluffs on the Cape Fear is Being Built to Last

Share:
BRUNSWICK COUNTY, N.C.--(BUSINESS WIRE)--

The Developers of the coastal North Carolina community, The Bluffs on the Cape Fear, show a tenacity and commitment to staying the course and building a community that will be around for generations. Their long-range approach comes from a tremendous amount of residential and commercial land development experience as well as significant financial security.

The development team has been quietly transforming the unique property with its rolling topography, towering pines and hardwoods into a prime location in Leland, NC, just outside downtown Wilmington. The property features approximately one mile of bluff frontage on the Cape Fear River making it one of the only true waterfront communities in Leland.

Recent amenity enhancements just completed include extensive community landscaping, new furnishings for the community's private Oak Island beach club, seasonal preparation at the pool and club complex and the addition of a lakeside fishing pier.

Infrastructure expansion continues as well with new roadway construction that will lead to the future river amenity featuring a 50-slip marina, riverfront park and boat launch.

Residential access to both the community and area services and amenities will see significant improvement with the opening of the new I-140 bypass scheduled for completion in 2017.

Growth in new home construction is also clearly visible within the community. The developers recently announced the addition of Legacy Homes by Bill Clark. Legacy Homes is one of Wilmington's premier homebuilders and will be building in the community's new lakeside neighborhood.

The developers have also approved an aggressive, national marketing campaign to increase the community's brand awareness and market reach. For their marketing agency they selected Maximum Design & Advertising, Inc., a firm with a long history of working with land developers throughout the Carolinas, Virginia, Texas, Tennessee and Georgia.

The experienced professionals who make up The Bluffs' development team are day-to-day operations and development manager, Doug Talbot. Mr. Talbot, prior to becoming a partner with The Bluffs' team, held executive positions with some of the nation's top real estate development companies, including Bluegreen Corporation and Southern Lifestyles. A civil engineer by trade, Mr. Talbot has developed amenity-rich, residential communities in numerous states including North Carolina, South Carolina, Georgia and Tennessee and has created over $300 million in land sales assets.

Mr. Billy Brown leads a team of local and national investors who bring a high-level of financial strength and acumen to The Bluffs. Mr. Brown is Founder, President and CEO of Blackhawk Specialty Tools, an oilfield service company headquartered in Houston, Texas. Before Blackhawk, Mr. Brown founded an oilfield service company that is now part of M-I SWACO (NYSE: SII). He also served as director of Founders Bank in Sugar Land, Texas prior to its acquisition by Vista Bank Texas.

The Bluffs financials are managed by partner Joseph H. Stilwell. Formerly a tax consultant for McGladrey & Pullen, L.L.P, Mr. Stilwell is now President of Stilwell CPA, PLLC, a firm specializing in tax planning and preparation for individuals and small businesses.

The Bluffs on the Cape Fear is located at 9800 Strawberry Hill Drive NE, Leland, North Carolina.

Maximum Design
Kelly Burnette, 910-256-2320

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com