(Photo by Holly Quinn)
DuPont and development firm Delle Donne Associates have made a deal for parts of the Chestnut Run property near DuPont’s former Barley Mill site, Delaware Business Now reports.
The site will become a mixed-use property that will include residential, office and retail space, including a Wegman’s supermarket.
Daryl Roberts, DuPont chief operations and engineering officer, announced that the agreement is expected to close by Q3 of 2020, and that DuPont will continue to occupy several of the buildings, adding that DuPont “will work with us as a strategic partner to redevelop the space and transform it into an extremely attractive area that will include R&D labs and offices, retail, residential and public common space.”
Delle Donne has reenvisioned spaces that were once large corporate centers when companies no longer need so much space before. Its projects include Avenue North, the former AstraZeneca campus that is being transformed into a mixed-used area, and it is developing part of the former Chrysler plant site for the University of Delaware STAR Campus.
The mixed-use trend in New Castle County includes The Concord, a complex developed by the Buccini Pollin Group with 341 apartments, office space and restaurant/retail space on Silverside Road near The Mill Concord in North Wilmington.-30-
Remember ‘It’s Time’? It’s back
UD startup UP Cycle to partner with The Warehouse for a project aimed for impact
5 Questions with Troy Mix, cohost of The First State Insights podcast
Meet Delaware’s voice for businesses in that Eastern governors COVID-19 task force
Sign-up for daily news updates from Technical.ly Delaware