Eastern

Housing permits continue to rise in Wilmington

April 5, 2013

(StarNews, Wilmington)

Residential construction permits rose 20% in March compared with the year before in New Hanover County as the market for homes continues to rebound.

Film incentives appear safe in first draft of tax reform

April 3, 2013

(StarNews, Wilmington)

Generous tax incentives for film productions in North Carolina survived the first round of tax-reform negotiation in the state legislature, though the proposal also doesn't extend them past 2015, when they are set to expire.

Crescent Financial's ECB Bancorp purchase closes

April 2, 2013

(StarNews, Wilmington)

Crescent Financial Bancshare's purchase of Engelhard-based ECB Bancorp closed Monday, and a transition to the VantageSouth Bank moniker will take place by the end of the month. The combined bank will have $2 billion in assets.

Corporate sponsorships could ward off ferry rate hikes

April 1, 2013

(StarNews, Wilmington)

Several coastal lawmakers want to deter rate hikes on the state's ferries by allowing corporate sponsorships of the vessels. Fares are set to increase on five routes July 1.

Wilmington commercial market faring well but pipeline slow

March 29, 2013

(StarNews, Wilmington)

Wilmington's commercial real-estate market has rebounded with several large retail projects, but at least one prominent expert thinks there is room for concern because of a slow pipeline.