(Photo by Holly Quinn)
Marlette Funding, the Wilmington fintech company behind the online personal loan service Best Egg, is growing, and it’s staying in North Wilmington: Buccini Pollin Group has announced that the company has contracted to be an anchor tenant at its Concord Plaza mixed-use community project.
The long-term lease is for 60,000 square feet of built-to-suit (BTS) Class A office space in the redeveloped area off of Silverside Road, which includes the Residences at Concord Plaza, retail and restaurant space including The Tavernal, El Camino Mexican Kitchen, Amstel Barbershop, Solidcore and office space that currently includes The Mill Concord and PayPal Holdings.
Along with recent and ongoing North Wilmington projects like Wilmington University’s Brandywine Campus and Avenue North, there has been a major investment in the suburban thoroughfare in the last few years.
BPGS Construction will manage the construction of the three-story building, which is expected to be completed in the second quarter of 2021.
“Marlette Funding has called Wilmington home since 2013 when our company started with just two employees and roughly 100 square feet. With this new space, we will have room for more than 400 employees,” said Jeffrey Meiler, CEO of Marlette Funding, in a press statement. “As our company grows, we remain dedicated to bringing new employment opportunities to the Wilmington community and investing in the area as a growing fintech hub.”
Marlette Funding currently has a number of employment opportunities in tech, marketing and finance.
What will it take to bring true racial equity to entrepreneurship to Wilmington?
UD startup UP Cycle to partner with The Warehouse for a project aimed for impact
How attorneys in Delaware are shaping an industry-changing fintech product
5 Questions with Troy Mix, cohost of The First State Insights podcast
Sign-up for daily news updates from Technical.ly Delaware