Harvey Hanna & Associates, Inc. has launchedthe website, GMBoxwoodFacts.com.
The site aims to provide Wilmington-area residents and other interested parties with information regarding the redevelopment of the former General Motors plant in Wilmington, Del.into a thriving, state-of-the-art business, fulfillment and distribution campus.
The demolition that got under way in November 2018 is slated for completion in September. Groundbreaking for the construction of the new business and logistics campus will commence this fall. Updates will be posted to the new website.
The new website also will keep the community informed regarding concerns raised about asbestos removal and handling. The website will be updated on a routine basis with the results of daily air quality testing around the property’s fence line.
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“As a New Castle County-based company made up of Delaware natives and longtime residents, we hold the health and safety of our community with the highest regard,” said Thomas J. Hanna, president of Harvey, Hanna & Associates. “This website will provide our neighbors with first-hand access to the facts, putting to rest the false and irresponsible rumors that have been circulating about the work to transform this long-vacant property.”
According to an economic study by Philadelphia-based EconSult Solutions, the campus will produce:
- More than $281 million in annual impact, largely through the creation of thousands of permanent jobs in logistics, distribution, engineering, transportation and an array of support industries and services
- Approximately 160 new jobs annually over the duration of the construction period.
- A total of $6.8 million in taxes for the state of Delaware.
- Upon completion of the campus, more than $7.6 million in annual revenue through personal and business taxes
- $2.4 million in new property taxes annually for the Red Clay School District and New Castle County.
The studyalso found, driving the median home price up roughly 14 percent from $215,000 to $245,000 or higher, exclusive of inflation.
“Since purchasing the former GM plant in 2017, Harvey Hanna has maintained a singular focus – to create a modern business campus that can serve as a new economic engine for this area,” said Hanna.“We encourage all Wilmington-area residents to visit GMBoxwoodFacts.com in the coming days and weeks so that they can learn more about our progress for this exciting redevelopment.”