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.
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.