Greater Wilmington Business Journal
By J. Elias O’Neal
Raleigh-based Wakefield Associates, the firm developing and overseeing leasing at the Hampstead Town Center shopping center, announced this week that the three new retailers will join the development.
Hampstead Town Center is a $14 million, 81,970-square-foot development under construction at the intersection of U.S. 17 and Ravenswood Road on 14.12 acres. A 44,170-square-foot Lowes Food anchors the project, which sits across the highway from Topsail High and Topsail Middle schools.
Since the opening of the Lowes Food in May, a number of new retailers have opened at the shopping center, including Wilmington-based Fuzzy Peach, U.S. Cellular, Hwy 55 Burgers, Nationwide Insurance and Dollar Tree.
Taco Bell and the Lowes Food fueling station have also opened in the development’s outparcels fronting U.S. 17, and two restaurants are also slated to open in the shopping center.
Englese’s Restaurant & Pizzeria, which operates a location in nearby Holly Ridge, is set to open in the development in the coming weeks, according to the news release. Sushi X, a Triangle-based Asian bistro restaurant entering the greater Wilmington market, is also set to open soon.
And more announcement are pending.
Rick Rowe, Hampstead Town Center developer, said only five units remain to bring the center to full occupancy. And with leasing activity increasing in the area, Wakefield officials expect the units to go quickly.
“We continue to see strong interest in the center,” Rowe said in the release. “Even during what traditionally can be a slow period toward year-end, we are very close to finalizing two more deals and expect to be at 90 percent [occupancy] in the next few months.”