North Carolina Construction News staff writer
The city of Wilmington is now accepting bids for the demolition of a five-story office building on Chestnut Street.
The city posted the notice for bids on Tuesday and will be accepting applications until 3 p.m. on June 6. Bids will be publicly opened and read at the Purchasing Division, 929 N. Front St. in the First Floor Lobby Meeting Room No. 1.
According to the city’s website, the building located at 305 Chestnut St. would require $4.2 million in maintenance and repairs over the next five years.
The former bank office building was built in 1959 and was purchased by the city in the late 1990s. It housed city government employees for about two decades until last year when city staff moved to a new site.
The structure is about 100,000 sq. ft. and has a largely concrete exterior.