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Who owns the river property south of the battleship?

Ken Little
StarNews

Apparently there was quite a bit of unsavory activity taking place on the property, so it was blocked off from public access, according to Battleship North Carolina employees.

“Not so wonderful things go on out there,” one says. “People that don’t just take photos and fish are doing things back there.”

The land is owned by Skeets Winner.

Update, May 10, 2016: The new owner of the property south of the Battleship North Carolina is Holdings of TCM Inc., based in Mooresville.

The property, which covers more than 18 acres, was purchased last December for $1,525,000 from Muddy Waters Properties LLC, TCM co-owner Jay Shott said. TCM stands for Team Carolina Marine Inc., Shott said.

Jay Shott and his brother, Drew Shott, are co-owners of Diamondback Development LLC, also based in Mooresville, in the Lake Norman area of North Carolina.

The three areas of focus of the company are real estate development, commercial leasing and capital lending for real estate projects, according to the Diamondback Development website, www.diamondbackllc.com.

Shott said that Holdings of TCM Inc. and Diamondback Development LLC have the same principals but “are two totally different companies.”

The new owners of the land next to the battleship have no definite development plans, Shott said. Over the years, various uses have been proposed for the property, including the construction of a high-rise building at the site.

“We’re reviewing all our options right now, but (there are) none we have settled on,” Shott said. “We bought it for an investment, and we think the investment will pay off down the road at some point. We think Wilmington is a beautiful location. It’s a fantastic city.”

User-contributed question by:
Nancy Blossom

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