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Carolina Beach Buys Boardwalk Land | Wilmington News
Carolina Beach just approved a $12 million deal to buy nine prime boardwalk properties, including key spots like 3 Boardwalk and 5 Carolina Beach Ave South — all aimed at securing the heart of summer events. The town’s financing plan includes a 15-year Truist loan at 4.5% interest, backed by $2 million from reserves and room occupancy tax. Still pending approval from North Carolina’s Local Government Commission, this move could reshape the boardwalk’s future — but no timeline yet for when the commission will review it. Listen in comfort:Get a discount on a Soli Pillow…
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