BPG Hosts Bisnow’s Delaware State of the Market at Market West

Buccini Pollin Group is proud to have hosted Bisnow’s Delaware State of the Market event at 221 W. Tenth in Market West. Industry leaders discussed workforce shortages, housing constraints, and major infrastructure projects that will define the economic identity of the state for decades. BPG Founder Rob Buccini joined the panel ‘From Towers to Coastlines: Delaware’s Next Chapter of Growth’, sharing his perspective on Wilmington’s revitalization, the return to in-office work, and the continued momentum within the region.

“We’re seeing a significant increase in young people moving here on a monthly basis,” Rob Buccini stated during the discussion. “We rent about 30 apartments a week, and seeing the age of new residents is encouraging for the trajectory of the region”.

A Reimagined Urban Destination

There is no better place to discuss the future of the state than within Market West, a five-block, mixed-use destination reimagining the former DuPont headquarters. BPG recently invested $160 million in transforming these landmark buildings through adaptive reuse. This process involves converting underutilized office space into residences, expanding co-working areas, and activating ground floors with diverse food and retail options. This investment has successfully introduced hundreds of new residents into a district that historically emptied out after 5 PM, creating a true 24/7 downtown environment.

Market West by the Numbers

• The Standard residential anchor features 266 units, with an additional 97 units currently under construction.
• The Mill coworking space recently completed a 3rd-floor expansion and is renovating the 4th floor.
• Renovations at 221 W. Tenth introduced a new golf simulator, game room, and a boutique gym.
• A $5 million investment at 1000 N West created the 6,000 SF Brandy Club amenity space and conferencing center.
• The DE.CO Food Hall underwent a $1 million renovation under the management of the Bardea Restaurant Group.

Strengthening the Downtown Experience

As employers expand their presence in Wilmington, Market West continues to evolve as a mixed-use district designed to support how people live and work. BPG recently leased more than 267,000 square feet of commercial office space, signaling a strong return to downtown for major corporations. Notable activity includes Corteva signing a 45,000-square-foot lease at 1000 N West and Penn Medicine leasing 40,000 square feet at The Concord. Additionally, WSFS Bank secured a long-term renewal for 74,000 square feet at 500 Delaware Avenue.

These developments aim to strengthen the downtown experience for residents, employees, and visitors alike. BPG remains proud to contribute to the continued growth of Wilmington and is excited for its future.