Two Huge Warehouses Planned For New Castle Delaware
There’s a lot of buzz around these Two Huge Warehouses Planned For New Castle Delaware.
A Pennsylvania-based developer is seeking to build two 1 million-square-foot-plus warehouses.
According to The Delaware Business Times, the plans were submitted to New Castle County by Keith Stoltz of Bala Cynwyd-based Stoltz Real Estate Partners.
Stoltz is seeking to build a roughly 1.2 million-square-foot warehouse off Churchmans Road, adjoining the New Castle County Airport, as well as a roughly 1.3 million-square-foot warehouse off Hamburg Road to the south.
What does this mean for the New Castle Area?
Well for one, these will be the largest warehouses to hit the neighborhood. In addition, the amount of jobs this will create for residents is encouraging.
Reports show that Stoltz purchased the roughly 59-acre parcel near the intersection of Route 273 and U.S. Route 13 for an estimated $6.9 million in 2012.
So what has been taking them so long to make a move?
The project has shifted in concept in recent years, after a failed attempt to develop another Walmart. County reps made a case for the fact that this major retailer would impede on local business.
This was the second time Stoltz’s plans did not necessarily pan out. In 2015, he lost millions in the sale of the land that Barley Mill Plaza sits. Odyssey Charter School now holds ownership of that lot.
It has been reported that Stoltz will also invest in the improvement of high traffic roads surrounding this new development. Hopefully these Warehouses Planned For New Castle will bring more good improvements to the local community.
Meet The Surprising Duo That Turned Eyesore Into Affordable Housing
Meet The Surprising Duo That Turned Eyesore Into Affordable Housing in Wilmington.
This father-daughter team is making a huge difference in the community of Wilmington.
Since they started Southbridge Community Services Inc, Marva Hammond and her father Charley Falletta have been helping to house Wilmington’s homeless.
Hammond is a full time employee at the Delaware State Housing Authority. As the DEHAP Operations Manager and a Housing Counselor for over 15 years, Hammond has a passion for affordable housing opportunities for everyone.
She participated in Cinnaire’s Jumpstart Wilmington program where she gained valuable resources that were an integral part of this project.
Cinnaire launched the Jumpstart Wilmington program in 2020 to help residents of Wilmington, Delaware, become developers of their own neighborhoods through quality, community-focused real estate development training and financing options.
Hammond and Falletta are getting ready to move into phase two of their project. They plan to build more apartments in the building and are in preliminary talks with Del-One Federal Credit Union to establish a bank branch in the building. Their hope is to not only serve the community but help employ local residents.
In addition, the First State Community Action Agencies may be getting involved.
The duo transformed the eyesore at 518 S. Heald St into affordable housing for area homeless.
Hammond says “My dad funded this project with his own money to do something about the shortage of safe and affordable housing for Delaware residents, specifically vulnerable populations of seniors exiting the New Castle County Hope Center.”
Affordable housing is hard to come by in Wilmington. This surprising duo is doing amazing things for the community.
Not only is Charley Falletta passionate about helping the homeless population, he also cares very much about the environment. So much so, that he founded an amazing non-profit called Eco Plastic Products.
They are having an earth day celebration this Saturday.
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Deanna started her radio career in Reno, Nevada. A jersey girl at heart, she found her way back to the east coast and is now the Morning Show lead at WJBR. Check out Deanna and Justin In The Morning weekdays 5:30-10am!