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Wednesday, December 12, 2018

Trending: Lang makes formal announcement on proposed Hyatt hotel on Newark’s Main Street

Lang Development Group formally announced the development of a new Hyatt Place Hotel on Main Street in  Newark. Pending approval by the City Council, construction is slated to begin June of 2019. Lang had earlier...

Federal corporate tax break leads to lower gas bills for Delmarva Power gas customers

Delmarva Power gas customers to see slight rate reduction, thanks to a lower federal tax rate The Delaware Public Service Commission approved Delmarva Power’s regulatory rate review settlement that passes along federal tax savings to customers...

NKF report: Warehouse space inventory remains tight

Space in short supply  in northern Delaware industrial real estate market Northern Delaware continues to see a decline in the industrial real estate market,  according to a quarterly report from Newmark Knight Frank (NKF) Vacancy in the...

Drip Cafe opens second location in Newark

Hockessin’s Drip Café has opened its second location in Newark. The restaurant is located in a newly opened  restaurant and student apartment development at 60 North College Ave. The site, virtually surrounded by the University of Delaware...

Top trending: Contractor sentenced for felony home improvement fraud

A contractor who took a down payment from a client  and never returned to do the work was sentenced in Superior Court. Restitution to other customers was also part of a plea deal.  Deputy Attorney General...

Christiana Mall Macy’s part of 50-store, $200 million upgrade

The Christiana Mall Macy’s is part of the company’s $200 million Growth50 initiative. The store has been isted the mall store as one of the 50 locations that will be part of the makeover project...

University of Delaware’s Master Players to offer concert series at Christiana Hospital

Live music will come to  Christiana Care Health System  beginning on Oct. 30, when the health system launches its inaugural concert series at Christiana Hospital. Known as Master Players @ Christiana Care (MPCC), the concerts...

Delaware, South Carolina research consortium awarded $25 million grant

The University of Delaware, Delaware State University and other organizations will receive $25 million over five years from the National Institutes of Health and the state of Delaware to continue research programs that improve patient...

Big jump in downtown office vacancy  rate on way as former Bank of...

Newmark Knight Frank (NKF)  reported flat conditions in the northern Delaware market during the third quarter, with sharply higher vacancy rates in coming months as a large chunk of downtown office space comes online. NKF has...

Updated: 2 hotels proposed for Main Street Newark

Two hotels have been proposed for Main Street in Newark.  Lang Development Co. and the Danneman family have proposed the hotels,  according to the  Newark Post reported.  Lang is a leading developer in Newark, primarily specializing in...