Middleburg Communities announced that it has secured construction financing for Mosby Barclay West, a 290-unit class A apartment community in the rapidly growing Midtown market of Wilmington, N.C. The development represents a joint venture partnership with Eagle Realty Group. Construction on Mosby Barclay West will commence immediately.
Mosby Barclay West will be positioned within the Barclay West master plan, which at full buildout will feature a complementary mix of residential, retail and commercial uses. The community will be situated adjacent to Middleburg’s Hamlet at Barclay West, creating a dynamic residential district that offers prospective residents a choice between traditional apartment living and professionally managed single-family rental homes. Both communities will benefit from walkable access to The Pointe at Barclay. The property offers excellent connectivity to major employment centers, with downtown Wilmington, UNC Wilmington, and the region’s beaches a