Louis J. Capano III of Capano Residential and Wilmington Mayor Mike Purzycki participated in a groundbreaking ceremony on December 11, 2018, for a new 346-unit apartment development complex in Wilmington’s newest community of Rockford Falls. The new apartments will have a perfect view above the beautiful Brandywine Creek. The apartments will be built on the site of the former Bancroft Mills. Previously, the historic facility was a paper mill, a textile mill, and a dye company.
“We’ve reimagined the abandoned site as a community of luxury residential units with sweeping vistas of scenic Brandywine Creek,” said Capano, who is CEO of Capano Residential. “This new community will serve as a prime example of an upscale multifamily development.”
“I am pleased to join today with Louis and his team as they begin this wonderful new housing project at one of the most beautiful sites in all of Wilmington,” said Mayor Purzycki. “This area is proving to be a very popular new City neighborhood. The Reserve at Rockford Falls is also part of a continuing residential renaissance for Wilmington, which is helping to strengthen the City in a variety of ways.”
The development will offer studio and 1, 2 and 3-bedroom apartments. This will be done in two phases where the first 182 rooms will be finished by 2020. Residents will get to use a plethora of amenities including a multimedia club room with game tables, state-of-the-art fitness center, yoga studio, library, outdoor resort-style pool and rooftop deck.
As part of the construction of the new building, the Delaware Department of Natural Resources and Environmental Control (DNREC) will make a new public pavilion, restrooms, and dedicated entrance will be added to Alapocas Run State Park.
Summarised from the City of Wilmington, DE’s News Release.