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News
Logistics of the 19804 Zip Code: Why Wilmington Businesses Are Reassessing Office Relocation Strategies
3+ mon, 2+ week ago (503+ words) Over the past few years, a quiet but meaningful shift has been taking place in northern Delaware. Businesses of all sizes are taking a closer look at the 19804 zip code and reconsidering what it means to operate in or relocate…...
Mitchell Homes opens showroom in Wilmington, extending N.C. footprint
3+ mon, 3+ week ago (734+ words) Jonathan Spiers May 22, 2026 0 After expanding nearly a decade ago to North Carolina, Richmond-area homebuilder Mitchell Homes is digging its heels further into the Tar Heel State while also making inroads farther south and into Southwest Virginia. The Midlothian-based builder has…...
Former downtown Wilmington Bank of America building to become apartments
5+ mon, 1+ week ago (107+ words) A downtown Wilmington office building will be converted into 202 market-rate apartments by Buccini Pollin Group. Former downtown Wilmington Bank of America building to become apartments Another downtown Wilmington building is shedding its office space in exchange for apartments. Wilmington-based real…...
John Dianastasis To Launch New Firm, Delaware Corporate Integration Service This April
5+ mon, 2+ week ago (954+ words) “Delaware and the surrounding region have an enormous opportunity for economic growth and prosperity over the next decade,” said Dianastasis. “By properly engaging the key stakeholders, such as businesses, the public sector, investors, and the academic community, DCIS will play…...
Affordable housing building coming to Wilmington's North Market Street
5+ mon, 3+ week ago (199+ words) A developer broke ground March 19 on an affordable apartment building with first-floor commercial space on North Market Street in Wilmington. A vacant lot at 2923 N. Market St. will be transformed into a three-story, 7,200-square-foot mixed-use building. The ground-floor commercial spaces have…...
Hulking Wilmington Office Slated For Resi Conversion Following Life Sciences Firm's Exit
6+ mon, 3+ week ago (511+ words) Wilmington officials and real estate players celebrated in spring 2024 when Incyte purchased 500K SF of the Bracebridge office complex that dominates the north side of the city’s downtown. The life sciences firm was working to renovate the property, but with construction…...
Former Delaware Park office will transform into nearly 200 apartments
7+ mon, 1+ day ago (91+ words) The development calls for 179 apartments across six buildings, a clubhouse and retail space just off Kirkwood Highway. Former Delaware Park office will transform into nearly 200 apartments A developer is transforming the location of a former Delaware Park office building into…...
Incyte sells Wilmington Bracebridge towers to BPG
7+ mon, 12+ hour ago (135+ words) Incyte has announced it will sell its two Wilmington buildings to Buccini Pollin Group. BPG to take over redevelopment of the Bracebridge properties. Incyte sells Wilmington Bracebridge towers to BPG In a significant shift for one of downtown Wilmington’s most…...
Forman Capital Lends $32M for Delaware Residential Community
7+ mon, 1+ week ago (233+ words) A-Del Construction has sealed $31.55 million of construction financing to develop a single-family home community in Delaware, Commercial Observer has learned. Forman Capital closed the loan to fund A-Del’s planned Silver View Farm project in Middletown Del., while Real Property Capital’s…...
Rent-stabilized apartments planned for downtown Wilmington
7+ mon, 3+ week ago (85+ words) A nonprofit-led redevelopment targets middle-income renters priced out of downtown as Wilmington debates rent stabilization. Rent-stabilized apartments planned for downtown Wilmington As Wilmington renters grapple with rising housing costs and City Council members and housing advocates push for rent stabilization,…...