New Bern Condo Project Not Happening

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A half billion dollar waterfront condominium project in New Bern is not going to happen.

The Florida-based developer has left town and taken his project with him. Residents and city leaders have been opposed from the beginning because of the developers all or nothing approach. The project called for two 15 -story condominiums and a 200-slip marina.

Officials with Realmark development have said another plan is in place, but won't reveal that is at this time.