Located in the heart of downtown Wilmington in “Brooklyn Arts Social District” and known as The Brickhouse, the Subject is a ± 17,860 SF parcel, entitled and designed for 84 studio, one, and two-bedroom apartments. The site is situated on the northern section of downtown in close proximity to the Live Oak Amphitheater, the Riverwalk, and several multifamily projects including Sawmill Point, Flats on Front, and The Metropolitan. Of note, the Subject is located along a section of N 4th Street that has been designated as the “Brooklyn Arts Social District” which is further described herein.