Category: Residential Real Estate

(AP) — A Delaware mayor’s proposal targeting vacant and blighted properties has again been stalled, by a city council committee. The News Journal reports that Wilmington’s Community Development & Urban Planning Committee on Thursday decided to hold the legislation from going before the full council. Following comment from many members of the public who spoke…

HGTV raises expectations of Delaware home owners

By Kathy Canavan Special to Delaware Business Times More than two dozen HGTV shows draw millions of viewers nightly — “Property Brothers,” “Listed Sisters,” “Fixer Upper,” “Love It or List It,” “House Hunters,” even “Tiny House Hunters.” The splashy TV do-overs create ripples in Delaware’s real estate market. Charles Renschler of Mann and Sons in…

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…

  Pearl Oyster Grill is coming to Downs Hotel & Casino with a ribbon cutting on September 12 at 4 p.m. The seafood eatery will bring 60-80 jobs to Central Delaware, which the company attributes to the recent passage of casino relief legislation by the Delaware Legislature. “We are excited to open Pearl Oyster Grill.…

Fernmoor Homes hosted a ribbon-cutting earlier this week for Mendocino West at Vineyards. The luxury development is the first new condo in Lewes in several years and a response to high demand in the area’s real estate market. The project is located along Route 9 in Lewes, a popular Delaware beach market. “There have been…

The promise and peril of Fort DuPont

By Dan Linehan Special to Delaware Business Times After more than four years of planning, construction will begin in the coming months on the first new homes at the Fort DuPont Complex in Delaware City. It’ll be the latest and most concrete sign of what developers are hoping will be a massive redevelopment project along…

Market Street revival in Wilmington picks up pace

By Christine Facciolo Special to Delaware Business Times There’s a saying: Miss a day, miss a lot. If you haven’t walked down Market Street in awhile, you may be surprised at just how quickly things can change. Downtown Wilmington has been on the upswing for years. But over the past several months, a steady clip…

The U.S. Department of Energy (DOE) has awarded Insight Homes, based in Bridgeville, Delaware, this year’s Housing Innovation Award (HIA). “Housing Innovation Award winners represent the top 1% of builders across the country who successfully demonstrate they can meet the federal government’s most rigorous specifications for high-performance homes,” said Sam Rashkin, chief architect at DOE’s Building…

The Buccini/Pollin Group, Inc. (BPG) today announced the grand opening date of the The Residences at Mid-town Park. The ribbon cutting ceremony will be held this Thursday in the outdoor courtyard of the new Stitch House Brewery on Market Street. The $75 million development includes 200 apartments between two buildings and an underground parking garage…