Category: Commercial Real Estate

By Kathy Canavan Special to Delaware Business Times Delaware’s commercial real estate market looked good in the third quarter, with even the lagging office market beginning to pick up, according to John Kaczowka, senior vice president for CBRE. “There’s definitely an appetite for real estate with a lot of buyers. There’s a lot of money…

Avenue North: A ‘live-work-play’ community on a corporate campus

“Live-work-play” is coming to New Castle County. The Avenue North development on the AstraZeneca campus north of Wilmington is based on the idea that a new generation of office workers want to live close to restaurants and retail and would rather walk or bike to work than spend hours commuting by car. 

New Castle County has granted a demolition permit to Boxwood Industrial Park, LLC and redevelopment partner Harvey Hanna & Associates for the redevelopment of the former General Motors plant on Boxwood Road in Wilmington. The demolition of the three-million square foot former plant structure is the first step in Harvey Hanna’s redevelopment of the former…

By Ken Mammarella Special to Delaware Business Times Mike Davis, the late chief estimator for Diamond Materials, LLC, is the first posthumous winner of the Delaware Contractors Association Lifetime Achievement Award. The association announced the winner Wednesday night at its 49th annual meeting inside the Chase Center on the Riverfront in Wilmington. He was honored…

Wilmington City Council approved a public/private partnership between the City and Salesianum School to reconstruct the Baynard Stadium athletic complex. The complex is still formally city property, but the Salesianum School will lease the stadium and commit an estimated $15 to $20 million to rehabilitation. “We recently unveiled a plan to renovate and improve two…

The Buccini/Pollin Group, Inc. Thursday announced the launch of WilminGO, an app-based golf cart taxi service founded by fellows of the BPG-Horn program. The service is now available across a 39-block area in Wilmington for a flat-fee of $3 for one or two people and $5 for more than three passengers. The app is available…

The Delaware Prosperity Partnership recently released an online portal, called Zoom Prospector, designed to help companies find information about developments available in Delaware. The site is powered by a geographic information system (GIS) technology and incorporates multiple layers of data, including demographic, site and building specifications and labor and business resources. “We make it easy for…