Market West is the new name for five blocks that go from Market to West streets and Delaware Avenue and 12th Street. (Buccini/Pollin Group)
The Buccini/Pollin Group, which has been called Wilmington’s largest private landowner, has rebranded its downtown holdings.
Market West is the new name for five blocks that go from Market to West streets and Delaware Avenue and 12th Street.
It features five buildings BPG bought from the DuPont Co. in 1999 and 2017 as the company downsized and moved to the suburbs. It also includes parking garages and lots.
The flagship is the Nemours Building at 1007 N. Orange St., rechristened the Market West building.
The Brandywine Building, where BPG has its Delaware office, has been renamed 1000 N. West.
The DuPont Building is keeping its name. The other two former DuPont buildings are the CityCenter and ParkBPG parking garages.
Market West (the area, not the building) also includes the I.M. Pei Building at 1105 N. Market St.
BPG’s announcement says it completed a nearly $130 million renovation of parts of the campus in 2020, and it’s now planning $100 million in work on Market West (the building, not the area).
The Market West building currently consists of 450,000 square feet of office space, 16,000 square feet of retail and 85 former extended-stay furnished apartments.
The redevelopment will reduce the office space to 150,000 square feet and repurpose the building into 355 luxury apartments and expand The Mill co-working space to 75,000 square feet. It will also include an “upscale” restaurant and “transform” the 17,000-square-feet outdoor plaza connecting the Market West and 1000 N. West buildings.
The apartments, called The Standard, will include a private rooftop balcony, a resident clubroom, a dog-washing station and 24/7 security. Individual units will have keyless access smart technology and large operable windows. The first units will be available July 1.
The leasing site shows the least expensive unit, a 417-square-foot studio, for $1,255. The most expensive on the current list is a 2,264-square-foot two-bedroom, at $3,107.
Inside Market West
“While we continue to honor and respect the century-old history of these buildings, we are ecstatic to introduce Delaware’s premiere live-work-play neighborhood,” Chris Buccini, co-president of the Buccini/Pollin Group, said in a statement.
All told, the complex includes more than 1 million square feet of office space, 553 residential units, 88,500 square feet of retail and 1,170 public parking spaces.
The announcement listed the following as part of Market West: Theatre N, the Mill, Coreten Fitness, Cafe Mezzanotte, Starbucks, the DE.CO food hall, 101 dupont place apartments, the Playhouse on Rodney Square, the Hotel DuPont, Chemours headquarters, Le Cavalier (the old Green Room restaurant) and I.M. Coffee.
BPG said it is wrapping up three years of upgrades to 1000 N. West, including adding ground-floor amenity space.
