The Buccini/Pollin Group buys the Historic Hotel DuPont

Wilmington-based real estate developer the Buccini/Pollin Group has purchased the city’s landmark Hotel du Pont from the DuPont Co.

Original article from Philly.com

Buccini/Pollin’s PM Hotel Group will run the 217-bed hotel, Gold Ballroom along with the upscale Green Room restaurant, under the Hotel du Pont name. In a statement they promised “capital improvement projects with a comprehensive restoration plan” in the near future.

“DuPont has been proud to offer luxury accommodations and first-rate service to its guests,” said Richard C. Olson, senior vice president, DuPont Corporate Services. “We are very pleased to have found the right owner to ensure a bright future.”

Buccini/Pollin has invested heavily in Wilmington, acquiring DuPont’s former parking garage and the recent purchase of DuPont Building, which is the current headquarters of the Dupont chemical spinoff Chemours.

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