Market West Hosts Bisnow’s Delaware State of the Market
Leaders from across Delaware’s real estate and business communities gathered at 221 W Tenth in Market West for Bisnow’s Delaware State of the Market, a discussion focused on the economic forces shaping the state’s future.
Panelists explored key topics including workforce shortages, housing availability, and the infrastructure investments expected to influence Delaware’s growth for decades. During the session, BPG Founder, Rob Buccini joined the panel “From Towers to Coastlines: Delaware’s Next Chapter of Growth,” sharing insights on Wilmington’s continued revitalization, the return of in-office work, and the growing appeal of the city for young professionals.
“We’re seeing a significant increase in young people moving here on a monthly basis,” Buccini said. “We rent about 30 apartments a week, and seeing the age of new residents is encouraging for the trajectory of the region.”
A Reimagined Downtown District
Few places better reflect Wilmington’s transformation than Market West itself. Spanning five blocks and centered around the former DuPont Building headquarters, the district has undergone a major adaptive reuse transformation in recent years.
Former office space has been converted into residential apartments, coworking environments, and activated ground-floor retail. The result is a mixed-use district where people can live, work, and gather throughout the day and into the evening—helping bring new energy to downtown Wilmington.
Market West by the Numbers
Recent developments across the district highlight the continued growth of Market West:
- 266 residential units at The Standard, with 97 additional units currently under construction
- An expanded coworking presence at The Mill, including a completed third-floor expansion and fourth-floor renovation underway
- New lifestyle amenities within the Market West Club including a golf simulator, game room, and boutique fitness space
- A 6,000-square-foot Brandy Club amenity and conferencing center introduced at 1000 N West
- A refreshed dining experience at DE.CO Food Hall following a recent renovation
Supporting Wilmington’s Momentum
Market West continues to evolve alongside Wilmington’s broader growth. Recent leasing activity reflects renewed momentum in the downtown office market, with companies expanding their presence across the district.
Notable activity includes Corteva signing a 45,000-square-foot lease at 1000 N West, Penn Medicine leasing 40,000 square feet at The Concord, and WSFS Bank renewing 74,000 square feet at 500 Delaware Avenue.
Together, these developments continue to strengthen the district’s role as a hub for downtown living, collaboration, and community.
For more information or to lease space in Market West contact us today!