At the March 2nd New Hanover County Airport Authority meeting, a new lease was approved for CIL Capital, LLC. CIL Capital, LLC signed a long-term ground lease at the ILM Business Park with plans to develop an additional 250,000 square foot cold storage facility estimated to cost $50 million. “This new investment by CIL Capitalread more
Two Major Economic Development Projects Select ILM Business Park; Furthering Economic Investment and Growth
At a press event this morning, The Wilmington International Airport announced that two companies, CIL Capital, LLC and Edgewater Ventures, have each selected the ILM Business Park as the location of their strategic business investment and development. The ILM Business Park, which encompasses 140 acres on airport property, has foreign trade zone status, access toread more
Slated Budget Appropriations Would Benefit Airport and Travelers
Nearly $12 million over two-year budget cycle could support ILM airport improvements Wilmington, NC (May 11, 2017)—The Senate released their budget, which includes $40,000,000 in funds for commercial airports across North Carolina in fiscal year 2017-2018 and $50,000,000 in funds in 2018-2019. Funds may be used for improvements to the airports and to pay debtread more