Category: Commercial Real Estate

Kent County sees dollars in connecting agriculture, manufacturing, tourism and innovation

 By Christi Milligan The rich agricultural landscape of Kent County, including more than 60,000 acres of preserved farmland, has long been a good neighbor to the manufacturing giants that also call it home. Now, Kent County officials want to harness those assets to create a Food Innovation District (FID), an economic strategy that would both…

Delaware retail earnings performance

  By Dr. John E. Stapleford A picture may not be worth 1,000 words, but graphs on various aspects of Delaware’s economy can quickly and efficiently provide a bird’s eye view of conditions to busy businesspersons. The explanations behind the trends in conditions require a bit more digging and insight. Following is the first in a…

By Kathy Canavan There are signs of new construction among the string of “office for rent” signs along Limestone Road in Pike Creek.  A new church, a townhouse community and a no-entrance-fee retirement community are in the works between Kirkwood Highway and Paper Mill Road. Ryan Homes is building 76 garage townhouses at Traditions at…

Two simple questions are addressed in this article: How will Delaware’s economy perform in 2015? And how could Delaware’s economy perform in 2015? By two out of the three standard measures used to gauge an economy’s performance, Delaware is doing well. OUTPUT: As shown in the graph, the annual rate of growth in total output…

There are three trends at the National level that will continue to impact Delaware, I think, among them… Historically Low Interest rates, which many of us guess will be bumped up by the Federal Reserve in 2015 and bring some slowing in economic activity; Delaware’s recovery from the Great Recession has lagged behind the region…

In an average month, 180 people are born, 187 die, and 280 move there. By Kathy Canavan Sussex County grew jobs faster than both Delaware and the United States in 2014. Jobs were up almost 18 percent. Unemployment, which stood at 8 percent in 2010, dropped to 6.1 percent for 2014. Edward Simon, workforce analyst…

By Kathy Canavan An updated website dubbed Transparent Delaware is a treasure trove of easy-to-access business information and just plain gossip. Did you ever wonder how many state contracts your competitors are getting? The state paid vendors $4.7 billion last year, and the site shows which businesses got that state money. That’s valuable information whether…