Wilmington To See Benefits From Both Of Amazon’s New Headquarters

Many cities were sad to hear the news that they were not chosen as one of Amazon’s HQ2 sites. Many here even were bummed to hear that Wilmington was not chosen as a site (even though we’re a rising tech hub). Regardless, many are excited about the recent picks. Why? We’re smack dab in the middle of both locations.

 

So why should Amazon employees (and anyone else) move here? Willis Elliman, a guest columnist at Delaware Business Times explains it best. “Wilmington is hip and happening,” Willis stated. “evidenced being five new restaurants on North Market Street alone since January.”

 

Renting Opportunities On The Rise

Willis continued on to talk about housing. He first discusses the multi-family housing units. The newest building, the Residencies at Midtown being owned by Buccini/Pollin Group. With a high rise and mid-rise, a pool, and fitness room, this building is an oasis. Want to live by the Riverfront instead of Downtown? No problem. Capano opened its Christina Riverfront project this spring at 101 Avenue of the Arts, which has Italian carpets, stainless steel appliances, and other high-end parts. In Wilmington, opportunities for renting are abundant.

 

Low Cost Of Housing

The cost of rent in Wilmington falls far below surrounding cities. The median listing home price in Wilmington is $214,900. In Long Island City, that median home price is $995,000, and Arlington the price is $599,900. While every city and town is different, Wilmington remains an affordable and desirable residential city almost directly between these two new Amazon hubs.

 

Summarized from the article “Wilmington poised to reap benefits from Amazon’s new HQ2 sites” from Delaware Business Times.

Tags:

  • Show Comments

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

Ads

You May Also Like

Startup Spotlight: Prelude Therapeutics

Delaware’s Council on Development Finance has voted a $474,491 grant to Prelude Therapeutics, the ...

Tapp Network presents the 2018 Tapp Social Summit

2nd Annual Tapp Social Summit: National Conference on Community Impact  Inspirational thought leaders to shine a ...

JPMorgan Chase Recognizes Wilmington as an Emerging Tech Hub

  Zip Code Wilmington, a nonprofit coding bootcamp launched by venture capitalist Ben DuPont ...

Wilmington Bike to Work Day

Join one of four guided rides into the city, ending at H.B. DuPont Plaza were ...

The Residencies of Mid-Town Park Is Home To Major Historical Marker

Delaware is full of history. With over 660 historical markers throughout the state, it ...

WILMINGTON BLUE ROCKS TO AWARD PRIZES FOR DELAWARE CHARITY CHALLENGE

Innovincent and the Wilmington Blue Rocks are Pleased to Announce that the Blue Rocks ...

Copyright © 2019 WilmToday.com
Designed and Developed in Partnership with
Tapp Network - Mission-driven Marketing & Technology
Located in Wilmington, DE