Quote:
Originally Posted by Jawnadelphia
A law firm moved into the old Farmer's Bank building fairly recently. Now if only BP Group can get the Frank Furness building at 6th/N. Market open again. A few years ago BP Group announced they would be renovating the inside to become a boutique/luxury hotel, but nothing has happened for a couple years.
BP Group bought the plot on the river next to the Sal. Army, along with that building itself. The Sal. Army is still open as of now. I guess BP Group is waiting to figure out what to do with it.
I'm a little surprised no Philly developers have made the step to build in Wilmington -- either downtown or on the Riverfront. According to BPG and Capano, all their new luxury apartments at both locations are essentially at capacity/occupied, and their monthly rent rates really aren't much cheaper than new Philly luxury apartments. I would think someone like PMC, Alterra, Hanover, etc... could scoop up a surface parking lot in downtown Wilmington for dirt cheap. The eastern side of the Riverfront is ripe for the taking as well.
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Listen a grocery store on market, plus new apartments being built along with the current ones being full is excellent news.
its only a matter of time before Philly developers start walking down the street.
Two things ive noticed Wilmington has been doing
1. More store fronts and businesses.
2.Filling vaccines and restoring buildings.
I think philly developers will start coming in when the office vaccines are basically 0.
Then they will start hitting up some one of those parking lots in the city if you Get my drift.
I also see a lot of people in the Wilmington subreddit saying they are moving to Wilmington, I see it every week so that means people are starting to hear better things about Wilmington which is good but always in their post they ask about the crime "because they heard something" I wish downtown visions would expand and go a little further not only should downtown visions be for the CC but they should be for the people as well, help everyone feel safe.
in other news in Wilmington on N Market by the N dollar general plans were just approved to build a elderly living home and a 4 store building with a lounge on the top with stores at street level, this will be destroying the old buildings right to the left of the dollar general on N market, right in plans with the Brandywine riverfront redevelopment I posted, (and right down the block from my new crib
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On Maryland ave at there NVF factory council has passed the apartment building with stores on the bottom on to the next. it will be 4 stories and they will be using part of the old NVF building.
all the meetings are available on the WITN YouTube if anyone is interested.