{"id":1004119081,"date":"2015-05-08T05:19:53","date_gmt":"2015-05-08T13:19:53","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=346116"},"modified":"2020-04-01T05:12:46","modified_gmt":"2020-04-01T13:12:46","slug":"231-unit-luxury-complex-set-to-break-ground-in-downtown-wilmington","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/231-unit-luxury-complex-set-to-break-ground-in-downtown-wilmington\/","title":{"rendered":"231-Unit Luxury Complex Set to Break Ground in Downtown Wilmington"},"content":{"rendered":"

By Veronica Grecu, Associate Editor<\/em><\/p>\n

This summer, Buccini\/Pollin Group will break ground on a new luxury apartment complex as part of a revitalization plan in Wilmington.<\/p>\n

Named the Residences at Midtown Park, the project is expected to serve as a gateway between the city\u2019s decades-long redevelopment effort on Market Street and a newly proposed Creative District that will take shape immediately west of downtown.<\/p>\n

As reported by The News Journal<\/a><\/em>, Buccini\/Pollin Group\u2019s new residential complex is set to replace the Midtown Parking Center\u2014which is located downtown Wilmington, between 8th, Orange, 9th and Shipley streets\u2014, the Ninth Street Book Shop, and other adjacent retail stores.<\/p>\n

The Residences at Midtown Park will consist of two high-rise buildings that, combined, will offer 231 luxury apartments targeting Millennials. The new apartments are expected to be occupied in record time, seeing that the overall downtown Wilmington luxury rental market hit 93.2 percent in Q4 2014, according to research data compiled by MPF Research and quoted by the news source. Approximately 800 new luxury apartment units have been completed in this part of the city in the last 15 years, yielding an occupancy rate of 99 percent. The high-end luxury apartments completed post-2000 posted an average rent of $1,643 in downtown Wilmington.<\/p>\n","protected":false},"excerpt":{"rendered":"

This summer Buccini\/Pollin Group will break ground on a new luxury apartment complex as part of a revitalization plan in Wilmington.<\/p>\n","protected":false},"author":258,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1494],"tags":[],"class_list":["post-1004119081","post","type-post","status-publish","format-standard","hentry","category-philadelphia"],"acf":[],"yoast_head":"\n231-Unit Luxury Complex Set to Break Ground in Downtown Wilmington - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/231-unit-luxury-complex-set-to-break-ground-in-downtown-wilmington\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"231-Unit Luxury Complex Set to Break Ground in Downtown Wilmington\" \/>\n<meta property=\"og:description\" content=\"This summer Buccini\/Pollin Group will break ground on a new luxury apartment complex as part of a revitalization plan in Wilmington.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/231-unit-luxury-complex-set-to-break-ground-in-downtown-wilmington\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-05-08T13:19:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-01T13:12:46+00:00\" \/>\n<meta name=\"author\" content=\"Veronica Grecu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@VeraGrecu\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/231-unit-luxury-complex-set-to-break-ground-in-downtown-wilmington\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/231-unit-luxury-complex-set-to-break-ground-in-downtown-wilmington\\\/\"},\"author\":{\"name\":\"Veronica Grecu\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/e8362e8641769829162f16fe58091f62\"},\"headline\":\"231-Unit Luxury Complex Set to Break Ground in Downtown Wilmington\",\"datePublished\":\"2015-05-08T13:19:53+00:00\",\"dateModified\":\"2020-04-01T13:12:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/231-unit-luxury-complex-set-to-break-ground-in-downtown-wilmington\\\/\"},\"wordCount\":214,\"commentCount\":0,\"articleSection\":[\"Philadelphia\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/231-unit-luxury-complex-set-to-break-ground-in-downtown-wilmington\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/231-unit-luxury-complex-set-to-break-ground-in-downtown-wilmington\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/231-unit-luxury-complex-set-to-break-ground-in-downtown-wilmington\\\/\",\"name\":\"231-Unit Luxury Complex Set to Break Ground in Downtown Wilmington - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"datePublished\":\"2015-05-08T13:19:53+00:00\",\"dateModified\":\"2020-04-01T13:12:46+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/e8362e8641769829162f16fe58091f62\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/231-unit-luxury-complex-set-to-break-ground-in-downtown-wilmington\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/231-unit-luxury-complex-set-to-break-ground-in-downtown-wilmington\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/231-unit-luxury-complex-set-to-break-ground-in-downtown-wilmington\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"231-Unit Luxury Complex Set to Break Ground in Downtown Wilmington\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/e8362e8641769829162f16fe58091f62\",\"name\":\"Veronica Grecu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2024\\\/04\\\/Veronica_Grecu.jpg?w=93\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2024\\\/04\\\/Veronica_Grecu.jpg?w=93\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2024\\\/04\\\/Veronica_Grecu.jpg?w=93\",\"caption\":\"Veronica Grecu\"},\"description\":\"Veronica Grecu is a senior creative writer and researcher for RentCafe. With more than 10 years of experience in the real estate industry, she covers a variety of topics in residential and commercial real estate, including trends and industry news. Previously, she was involved in producing content for Multi-Housing News, Commercial Property Executive and Yardi Matrix. Veronica\u2019s academic background includes a B.A. in Applied Modern Languages and an M.A. in Advertising and PR.\",\"sameAs\":[\"https:\\\/\\\/x.com\\\/@VeraGrecu\"],\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/veronica\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"231-Unit Luxury Complex Set to Break Ground in Downtown Wilmington - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/231-unit-luxury-complex-set-to-break-ground-in-downtown-wilmington\/","og_locale":"en_US","og_type":"article","og_title":"231-Unit Luxury Complex Set to Break Ground in Downtown Wilmington","og_description":"This summer Buccini\/Pollin Group will break ground on a new luxury apartment complex as part of a revitalization plan in Wilmington.","og_url":"https:\/\/www.commercialsearch.com\/news\/231-unit-luxury-complex-set-to-break-ground-in-downtown-wilmington\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2015-05-08T13:19:53+00:00","article_modified_time":"2020-04-01T13:12:46+00:00","author":"Veronica Grecu","twitter_card":"summary_large_image","twitter_creator":"@VeraGrecu","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/231-unit-luxury-complex-set-to-break-ground-in-downtown-wilmington\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/231-unit-luxury-complex-set-to-break-ground-in-downtown-wilmington\/"},"author":{"name":"Veronica Grecu","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/e8362e8641769829162f16fe58091f62"},"headline":"231-Unit Luxury Complex Set to Break Ground in Downtown Wilmington","datePublished":"2015-05-08T13:19:53+00:00","dateModified":"2020-04-01T13:12:46+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/231-unit-luxury-complex-set-to-break-ground-in-downtown-wilmington\/"},"wordCount":214,"commentCount":0,"articleSection":["Philadelphia"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/231-unit-luxury-complex-set-to-break-ground-in-downtown-wilmington\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/231-unit-luxury-complex-set-to-break-ground-in-downtown-wilmington\/","url":"https:\/\/www.commercialsearch.com\/news\/231-unit-luxury-complex-set-to-break-ground-in-downtown-wilmington\/","name":"231-Unit Luxury Complex Set to Break Ground in Downtown Wilmington - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"datePublished":"2015-05-08T13:19:53+00:00","dateModified":"2020-04-01T13:12:46+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/e8362e8641769829162f16fe58091f62"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/231-unit-luxury-complex-set-to-break-ground-in-downtown-wilmington\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/231-unit-luxury-complex-set-to-break-ground-in-downtown-wilmington\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/231-unit-luxury-complex-set-to-break-ground-in-downtown-wilmington\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"231-Unit Luxury Complex Set to Break Ground in Downtown Wilmington"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/e8362e8641769829162f16fe58091f62","name":"Veronica Grecu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/Veronica_Grecu.jpg?w=93","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/Veronica_Grecu.jpg?w=93","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/Veronica_Grecu.jpg?w=93","caption":"Veronica Grecu"},"description":"Veronica Grecu is a senior creative writer and researcher for RentCafe. With more than 10 years of experience in the real estate industry, she covers a variety of topics in residential and commercial real estate, including trends and industry news. Previously, she was involved in producing content for Multi-Housing News, Commercial Property Executive and Yardi Matrix. Veronica\u2019s academic background includes a B.A. in Applied Modern Languages and an M.A. in Advertising and PR.","sameAs":["https:\/\/x.com\/@VeraGrecu"],"url":"https:\/\/www.commercialsearch.com\/news\/author\/veronica\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004119081","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/258"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004119081"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004119081\/revisions"}],"predecessor-version":[{"id":1004406070,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004119081\/revisions\/1004406070"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004119081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004119081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004119081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}