WILMINGTON, DE – Wilmington-based developer Buccini/Pollin Group, Inc. (BPG) announced a pivotal moment for Riverfront Wilmington -- the sale of the final condominium at Justison Landing. The revitalization of the Riverfront Wilmington has reached new heights now that 126 families call Justison Landing Condominiums home.
“I’m excited about what is happening at the Riverfront and the rapid absorption of residential units in the past few years has been a major enabler,” said Boris Kaplan, vice president of development at BPG. “We sold over $15 million worth of new Riverfront homes in this last phase at Justison Landing. We would love to have another 100 riverfront condominiums that we could market because demand for these units is only growing.”
With an average of 6,000 employees working on the riverfront daily, the need for permanent luxury housing is expected to increase. BPG is addressing that demand in part with the recent grand opening of The Harlan Flats luxury apartments. The next phase of Riverfront residential development is slated to break ground in 2016 on parcels between Harlan Flats and Penn Cinema Riverfront & IMAX.