Peace Selling Properties at Seaboard Station
From the News & Observer...
“William Peace University announced Tuesday that it is selling a portion of the neighboring Seaboard Station property for commercial and residential development, which will still include a full-size Harris-Teeter supermarket.
The announcement kicks off a marketing campaign to sell the property to a buyer who can produce the kind of project that fits in with the rapidly developing area north of downtown. ...
Harris-Teeter has been a long-anticipated grocery store for Seaboard Station. But delayed construction and the announcement of a Publix grocery store in a nearby development at Peace and West streets raised questions about Harris-Teeter’s plans.
Harris-Teeter remains committed to Seaboard, TradeMark says, and delayed its opening to take into account future development of the property. TradeMark says it will help the grocery chain’s discussions with potential new owners. ...
The university is selling three retail buildings and the adjacent parking not. It will retain three parcels that are adjacent to the shopping center: where Sunflowers is located, a small building on Halifax Street and a rear parking area.
Peace doesn’t own everything at Seaboard. Logan’s Garden Shop and Cafe, and a strip of nearby buildings are not part of the Peace property. In all, Peace will be selling 5.68 acres. ...”