17 Projects Worth $900 Million Coming To Wilmington

We’ve compiled a list of pending and future real estate projects in Wilmington, DE. In each description you will find a link to our data source.

We believe the amount of revitalization occurring here has the potential to overcome any other issues the city may have. Let’s #fixwilmington with a little patience; there is a lot of smaller stuff happening and the amount of weekly/monthly events keeps increasing.

These larger projects are putting in a new baseline for the standard of living in Wilmington. The dollar amounts alone should signal that these companies are looking at 5-10 years out. Nothing will change overnight. This is the type of forward thinking we like to see. What do you make of all this commercial development?

3 Doors Brewing Co.

3doors
8th & Market – A microbrewery is opening on Market street. We are guessing the name “3 Doors” comes from the 3 locations this particular restauranteur owns – Chelsea Tavern, Ernest & Scott, and now the new third “door”? Link

$250,000

Blue Rocks Stadium Expansion

bluerocks
Riverfront – New owner with a clear history of increasing attendance and revenues for other minor league baseball teams/stadiums. He plans on building a 360 degree concourse with vendors (so you can walk around entire field) Link

$20,000,000

The Residences at Midtown Park

midtownpark
8th & Orange – BPG has knocked down a dilapidated parking garage and plans to build a 200+ unit apartment building with garage. BPG Link | TNJ Link

$79,000,000

JP Morgan/AstraZeneca Campus – Adding 1,800 Jobs by 2019

jpmorgan
Rt 202 & 141 – Publicly stated campus renovations of $200M. If they add 600 jobs per year, that would be 1800 by 2019. Publicly stated average salary = $60,000 Total payout to 1800 employees for just ONE year (not counting the 10+ years it could go on) = $108M Link

$308,000,000

New Market Street Apartments

mrkt
8th & Market – The old WSFS bank + empty space above Walgreens are being converted to 60+ apartments. Link

$29,000,000

Claymont, DE Steel Mill Redevelopment Project

claymontsteel
Commercial Development Company, Inc Purchased a 425-Acre Shuttered Steel Mill in Claymont Delaware. Plans Environmental Remediation & Redevelopment. Plans are residential/commercial or warehouses/shipping center. Link

$100,000,000

Wilmington Skate Park

skate
Maryland Ave Under I-95 – Wilmington to unveil plans for $1M skate park Link

$1,000,000

Quaker Hill Creative District

quaker
Quaker Hill Center City – Multiple houses and multifamily units being converted into apartments to attract ‘creatives, artists, designers’ – Link

$50,000,000

CSC Headquarters

csc
Route 48 & Centerville Road – Corporation Service Company building 148,000 Square Foot Headquarters. Cost is estimated. Link

$10,000,000

Delaware Stock Exchange

stockmarket
Wilmington,DE – The head of a startup company preparing to create a stock exchange headquartered in Wilmington said the project will be the first of its kind in the US Link

$20,000,000

Marriott Extended Stay Hotel

marriott
13th & Market – Old office building being renovated into extended-stay Marriott Link

$10,000,000

The Merchant Bar

superfine
5th and Market – La Fia owner opening Merchant Bar across the street. More social than his other establishments. Cost is estimated Link

$250,000

Sacred Heart Village II

sacred
10th and Spruce – Affording housing complex already has wait-list. They want to do another when this project is done. Link

$7,000,000

Hillview Library

library
Route 9 & Hillview – Public library off Route 9 expected completion 12/16. Going to be a community-center type place as well. Link

$21,000,000

Wilmington University Expansion

wilmu
Route 202 & Naaman’s Road – Wilmington U already purchased a 41 acre site to develop new campus. (it should have been in the city! But we’ll take it…) Link

$75,000,000

Flats Redevelopment

flats
4th & Union Street – Woodlawn Trustees knocking down ~400 units and reconstructing higher quality 450 units. Link

$100,000,000

Amtrak’s Newark-Wilmington Third Rail

thirdrail
Feb 2017 completion – “During State Fiscal Year 2013, SEPTA transported 1,232,814 Delaware riders. The service averages 4,375 passenger trips per day. After the infrastructure improvements are constructed, and train frequencies added, the Delaware SEPTA service is projected to transport 8,000 trips per day.” Link

$71,000,000

Total:

$901,500,000

 

1 Comment

  1. Dixie Sanger

    November 18, 2015 at 8:33 pm

    Outstanding job of pulling together information from s number of different sources. Needs the widest possible dissemination.

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