BPG Group Celebrates Culmination of Market West Redevelopment Project

The Buccini/Pollin Group, Inc. (BPG), a Wilmington-based developer, is proud to announce Market West, a new mixed-use campus. Spanning five blocks in downtown Wilmington, the Nemours, Brandywine, and Dupont buildings, and CityCenter and ParkBPG parking garages comprise the campus. The Nemours building will be the center of the campus, rebranded as Market West. BPG is also renaming The Brandywine building to 1000 N West. The $230 million redevelopment signifies the reunification of these five buildings, as BPG purchased them over the course of 19 years.

Market West is where the city congregates, marking the entry to downtown Wilmington. The redeveloped building will bring lots to Wilmington, from luxury accommodations to modern workspaces. 

BPG has been investing in downtown Wilmington since 1999, by purchasing the Nemours, Brandywine, and CityCenter buildings. They have since expanded their portfolio to include the Dupont and ParkBPG buildings, and even the I.M. Pei building. BPG prides themselves on their preservation of these historic buildings, because they are intent on restoration. 

Nemours Building in Wilmington, DE

The former Nemours building, now known as Market West, is undergoing a $100 million redevelopment, which will reduce the office space to 150,000 SF and repurpose the historic building into 355 luxury apartments, then introduce Wilmington’s next upscale restaurant, and transform the 17,000 SF outdoor plaza connecting the Market West and 1000 N West buildings.

In addition, The Standard, the residential component, will next raise the bar for apartment living in Wilmington. New amenities include a private rooftop balcony with beautiful river and city views and a resident clubroom perfect for entertaining. The community will also feature onsite ResideBPG property management and maintenance.

BPG is delivering The Standard in phases, with the first 92 units available beginning July 1st. Further, for a limited time, they are offering 2 months’ free rent on a 15-month lease. More information can be found here.

Market West is a prime example of the industry trending towards the conversion of underutilized and vacant office space to mixed-use, which can recover the vitality of downtown areas post-COVID. 

“Market West is the culmination of 25 years of acquiring and repurposing the former Dupont worldwide headquarters complex,” said Chris Buccini, Co-President of BPG. “While we continue to honor and respect the century-old history of these buildings, we are ecstatic to introduce Delaware’s premiere live-work-play neighborhood. At Market West, a new history will be created in the century to come.”

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