Category: Commercial Real Estate

Wilmington’s building boom set to continue in 2019

By Christine Facciolo Special to Delaware Business Times Business leaders, economists and development drivers are bullish about the future of Delaware’s largest city — though many anticipate speed bumps along the way. “I would say that after 20 years of investing and over $1 billion in the city, we’ve never felt like we’ve had the…

(AP) — Delaware authorities say a demolition company leader died while supervising work at an old automobile plant. Delaware State Police said Saturday the death occurred Friday afternoon at the former General Motors plant in Wilmington, which closed in 2009. Police say its initial investigation shows Atlantic Coast Dismantling was performing demolition work at the…

2019 trends in the innovation economy

By Dan Linehan Special to Delaware Business Times When you go to the doctor’s office for a checkup, test or procedure, you or your insurance company are probably billed for each service. It’s called the “fee for service” model, and it means the profitability of hospitals and clinics is tied to how many services they…

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…