Occano Brings Resort-Style Living to Albemarle Sound
Durham-Based Dilweg to Lead Evolution of Former Scotch Hall Preserve with Amenity Enhancements and Real Estate Development
MERRY HILL, NC (June 3, 2022)
Dilweg, a leading Southeast real estate investment firm, today announced the launch of Occano, a resort-style, residential community in Merry Hill, N.C. Formerly known as Scotch Hall Preserve, Occano will offer residents endless opportunities to escape and reconnect within the 834-acre waterfront community.
“Occano strives to offer the quintessential coastal Carolina experience with opportunities to step away and reconnect within the surroundings of the Albemarle Sound, while still being only minutes away from historic small-town charm,” said Anthony Dilweg, CEO of Dilweg.
Acquired in 2021, Dilweg is currently working on significant community enhancements, including renovations to the existing Arnold Palmer Signature Course, a new clubhouse, and master planning for additional residential phases.
“Over the past two years, there have been significant shifts in both demand and criteria for second and co-primary home buyers,” said Michael Eskra, CFO of Dilweg and President at Occano. “We’re developing a resort-style community that will provide residents with an array of amenities and access to outdoor activities — an oasis for escape and reconnection.”
The community has plans to add 364 residences, including model houses with home designs provided by Allison Ramsey Architects. Buyers will have the option to purchase a lot and build a custom home with an architect of their choice. Lot pricing will start in the low $100,000s with a variety of home sizes and layouts.
Occano presents a host of existing amenities highlighted by the Arnold Palmer Signature Golf Course, offering terrific views and challenging play for golfers at every skill level. Residents also have access to tennis courts, a beach club and pool, boat launch, and day dock. As Occano grows, there will be additions to the list of luxury amenities designed specifically for an easy-flowing life near the water.
To learn more about Occano visit www.occano.com.
Occano is a resort-style community located on the Albemarle Sound less than a 25-minute drive from Edenton, North Carolina. Situated on nearly 1,100-acres, the community is home to an award-winning Arnold Palmer Signature Course, and endless outdoor activities like biking, hiking, and water sports. To learn more, visit www.occano.com.
Dilweg is the expert, strategic commercial real estate investment firm that consistently generates risk-adjusted returns for investors by resourcefully uncovering unique opportunities and intently focusing on result-centric execution. With offices in Durham, Atlanta, Charlotte, and Tampa, Dilweg is a full-service real estate organization, whose mission is to deliver long-term value to its investors, tenants, and the community. Since its beginnings in 1999, the firm has acquired more than $1.34 billion in asset value and more than 11.1 million square feet throughout the South. In recent years, the firm shed many of the non-strategic assets and concentrated the majority of acquisitions on Class-A office buildings, primarily in the Atlanta, Charlotte, Nashville, Tampa, Dallas, and Raleigh-Durham metros. In the process, the firm established itself as a high-quality investor and operator of opportunistic and value-added, middle-market ($15 million to $100 million) office assets.