Cape Fear Construction Group Awarded First Certificate Of Occupancy
Wilmington, N.C. — Jan. 22, 2024 — Cape Fear Construction Group, a full-service general contractor and affiliate of Cape Fear Commercial, has been awarded its first Certificate of Occupancy, for a multifamily project in New Bern, North Carolina.
The Proximity New Bern is a 252-unit apartment community, with nine 3-story apartment buildings and a modern club house equipped with a fitness center, yoga-training room, and co-working space. The project also includes a resort-style swimming pool, outdoor kitchen, outdoor fireplace, and parking garages. The site is located nearby the New Bern Marketplace, a new, 330,000-square-foot shopping center that is home to world’s largest Harris Teeter and other major retailers.
Residents began to move into the first completed building in December. Construction is now being finalized on the additional eight buildings and the clubhouse, with leasing on all units now underway.
The completion and occupancy of the 16-acre project represents an exciting milestone for Cape Fear Construction Group, as the Proximity New Bern is the first development to be delivered entirely by the sister organizations under the banner of Cape Fear Commercial.
Cape Fear Construction Group works in tandem with Cape Fear Commercial and Cape Fear Development to provide integrated construction solutions for multifamily projects. Led by a team of industry veterans across multiple sectors, the organization deploys a collaborative framework to ensure the Cape Fear team can wholly oversee each step of the development process, from conception to delivery, all under one roof.
“It’s incredible to see the high levels of synergy on this job across our field managers, trade partners, vendors, and the ownership team,” said Cape Fear Construction Group President David Novotny. “Our model allowed the team to realize many efficiencies in delivering this first project, and that’s thanks to the talented, motivated, hardworking people who believe in us and want to continue working with us.”
Novotny joined Cape Fear Construction Group to lead the new organization in May 2022, and throughout 2023 he worked to oversee all phases of construction for the Proximity New Bern. Cape Fear Construction Group’s next priorities in 2024 will be continuing construction of the Proximity Carolina Beach and beginning construction on the Proximity Watermark in Wilmington.
“We’re focused on continually expanding the organization,” Novotny said, “and working to pursue quality multifamily projects in Wilmington and the surrounding coastal areas.”
About Cape Fear Construction
Cape Fear Construction Group is a boutique multifamily general contractor based in Wilmington, North Carolina. We provide integrated construction solutions for select projects in conjunction with our affiliated brands, Cape Fear Commercial and Cape Fear Development.
Our company leverages a collaborative, multidisciplinary approach to offer streamlined control over the entire development process, from site acquisition through construction completion. We are committed to delivering forward-thinking projects that set a new standard for southern multifamily living.