Category: Commercial Real Estate

Harvey Hanna & Associates Inc. has announced its exploratory plan for the redevelopment of the former General Motors plant at 801 Boxwood Road outside Wilmington. The plan proposes turning the 142-acre property into a modern business, fulfillment and distribution campus that would serve as an economic engine for the region. We talked with company president…

Mayor Mike Purzycki and City Council President Hanifa Shabazz yesterday joined Canon Hospitality Management for the ribbon cutting of the first new hotel in downtown Wilmington in nearly 20 years. The Residence Inn by Marriott is located at the site of the former Beneficial Bank Building at 1300 North Market Street. The project drew praise…

Gov. John Carney, Sens. Tom Carper and Chris Coons, and Rep. Lisa Blunt Rochester yesterday joined Sallie Mae Chairman and CEO Raymond Quinlan for the ribbon cutting of the financial company’s second Delaware office. The new office is located at 86 Christiana Road in New Castle and will host 500 jobs. The company maintains its…

Harvey Hanna & Associates, Inc. this week announced its exploratory plan for the redevelopment of the former General Motors plant at 801 Boxwood Road outside Wilmington. The plan proposes turning the 142-acre property into a modern business, fulfillment and distribution campus that would serve as an economic engine for the region. “As a Delaware-based firm with deep personal…

State and local officials on Monday gathered in downtown Dover to kick off “Unlock the Block,” an initiative to help landlords attract new business tenants. The Delaware Division of Small Business and the City of Dover will work together to fill vacant commercial spaces through a pitch competition judged by local experts. The winning businesses will receive…

  Bancroft Construction Company in Wilmington won the National Excellence in Construction Pyramid Award for its work on Longwood Gardens in Chester County, Pennsylvania. The project entailed restoring Longwood’s Main Fountain Garden, one of the most iconic attractions in the 1,077-acre botanical garden. The work lasted two years and cost $90 million to rebuild the…

By Jared Brey Special to Delaware Business Times The Buccini/Pollin Group used a Chevy pickup truck to cut the ribbon on its brand new parking garage in downtown Wilmington Monday morning. The event, which was attended by Mayor Michael Purzycki, City Council President Hanifa Shabazz, and other officials, marked the opening of the Mid-Town Park…

The Buccini/Pollin Group has acquired the Sheraton Society Hill Hotel in Philadelphia. PM Hotel Group, a national hotel management company based in Washington, D.C., will manage the hotel. “The Sheraton Society Hill is a remarkable asset in an unmatched location surrounded by numerous business and leisure demand generators, from the Liberty Bell and Independence Hall…

New builds and renovations heat up hotel sector

By PAM GEORGE Special to Delaware Business Times If you’ve visited the Wilmington Riverfront recently, you’ve likely noticed the construction next to Big Fish Grill. Another dining venue? Not quite. The project does include a banquet center, but it will link to a 114-room Hyatt Place Hotel. The Hyatt is part of a flurry of…