From the Delaware State Chamber of Commerce
Wilmington based real estate developer, Buccini/Pollin Group recently bought three buildings along or near North Market Street that now will be converted into a mix of high-end apartments and ground-floor retail space.
The building located at 829 Market Street will be converted by local design/build firm Montchanin Design who specialize in renovating historical structures, to house 7 open floor plan studios and one bedroom apartments. The ground floor retail space will be a future restaurant.
These 33 apartments, combined with the 198 apartments being built at the Mid-town site, will mean hundreds more people not just calling Market Street home, but a revitalized downtown neighborhood home. Robert Buccini, Co-President of the Buccini/Pollin Group explained, “We are excited to continue the growth of downtown apartment living and additional neighborhood amenities such as the Starbucks® to support the residents. We are seeing a trend with each wave of new residential activity, a corresponding wave in retail activity. The Starbucks® is only the beginning of the latest retail wave.”
Feature Image: iStockPhoto/Tim Markley
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