The Collier Companies Closes on 292-Unit Multifamily Development in Wilmington, NC

WILMINGTON, N.C. — December 12, 2025 — The Collier Companies announced the closing of a 292-unit multifamily development along the Cape Fear River in Wilmington, North Carolina. The project marks another step in the company’s growth initiative.

New Multifamily Development on the Cape Fear River

The development will span approximately 10.23 acres and include one-, two-, and three-bedroom homes. According to The Collier Companies, construction is expected to begin in early 2027, with first deliveries anticipated in early 2028. The project is part of the firm’s Journey to 2X growth initiative.

Design and Development Partners

McKim & Creed will serve as the project’s engineer, Dynamik Design as the architect, and Mihaly Land Design will lead the landscape architecture. Planned amenities include a resort-style pool, bocce ball court, pickleball courts, and a clubhouse with work pods, a conference room, and a mail center with package lockers. Additional features will include a fitness center, hospitality kitchen with coffee bar, and a pet spa.

Leadership Commentary

“This project represents our continued commitment to creating exceptional living experiences in vibrant, growing markets,” said Michael Rosenblatt, president of operations at The Collier Companies. “Wilmington’s unique charm and riverfront setting make this an ideal location for our next community.”

About The Collier Companies

Headquartered in Gainesville, Florida, The Collier Companies is a multifamily owner and manager with a portfolio of more than 13,000 apartment homes across Florida and Georgia. Founded by Nathan S. Collier in 1972, the company develops exclusively for its own account and maintains a long-term hold strategy.

Nathan S. Collier is also known for endowing the University of Florida’s Nathan S. Collier Master of Science in Real Estate Program and for founding the Collier Prize for State Government Accountability through the University of Florida’s College of Journalism and Communication.

Sources

The Collier Companies: The Collier Companies Closes on Riverfront Development in Wilmington, NC