Beth Schrader

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Economic development is the way municipalities, counties, states, and nations improve the quality of life for its citizens.  Economic growth is one element and can be a metric for measuring that.  In pursuit that growth, communities often lay out a blueprint – a vision – that details how they would like to see that growth unfold. 

While the North Carolina General Assembly tries to hammer out a budget in Raleigh, counties around the state are scrambling to consider what a sales tax redistribution could mean for their own bottom lines.  Members of New Hanover County’s Executive Staff are bracing for what could be a significant blow.

New Hanover County Manager's Office

Wilmington and New Hanover County are moving forward with a Garner report recommendation to extend water and sewer to the 421 Corridor. The return on investment will depend on the county’s business recruitment efforts. 

The price tag to further this infrastructure development is nearly 12 million dollars. A full return on investment is expected in sixteen years, and the most optimistic estimate is as little as ten years.