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Tuesday, June 19, 2018

Ground to be broken on Tuesday for another hotel on Wilmington Riverfront

The Buccini/Pollin Group will break ground on Tuesday for a new Homewood Suites hotel on the Wilmington Riverfront. Homewood is a Hilton brand. The Philadelphia Business Journal  (paywall) reported the $30 million project will generate...

Wilmington Leaders Alliance names There duPont, chair; Perkins, Executive Director

The Wilmington Leaders Alliance (WLA) announced that There du Pont, President of Longwood Foundation, has been named Chairman of WLA’s Executive Board. WLA also announced that Robert W. Perkins, Executive Director of the Delaware Business...

Frontier Technologies CEO wins national honor

Jayshree Moorthy, CEO of  Frontier Technologies, Inc., Wilmington, has been recognized as a Women’s Business Enterprise (WBE) Star by the Women’s Business Enterprise National Council (WBENC), the nation’s largest certifier of women-owned businesses and a leader...

First Data to acquire Navient’s technology platform

First Data  and  Navient, Wilmington,   announced a strategic agreement that calls for First Data to become the primary provider of technology solutions for Navient’s federal and private education loans. Financial terms were not announced. The agreement expands on...

Happy, soggy Friday, After a  discussion on the apartment boom on the Riverfront and in downtown at yesterday morning’s  Bisnow  North Delaware Update,  one attendee pondered the phenomenon that is happening in spite of job losses...

Credit card start-up announces $100 million investment

A Wilmington-based credit card start-up has received $100  million in addition to an earlier $200 million equity investment. Fair Square Financial, LLC, marketer of the Ollo credit card,  announced it received the equity investment from The...

Firefighters rescue man who had fallen on ship

Earlier Saturday afternoon,  Wilmington firefighters rescued a man who had  been injured while working on a ship at  the Port of Wilmington. A Special Operations Team located the worker who was found 35 feet below deck. The...

Riverboat Queen to return on Sunday

The Riverboat Queen will once again make her return to the Riverfront later this month, offering guests the chance to cruise the   Christina River and enjoy food and drink. Beginning on May 13th,  the...

Wilmington begins federally funded study of brownfield areas in northeast section

Mayor Mike  Purzycki  announced that the City of Wilmington has begun a year-long planning initiative, supported by a nearly $200,000 grant from the U.S. Environmental Protection Agency (EPA), to address the potential re-use of...
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Street corner shootings down sharply in Wilmington; mayor chief cautiously optimistic trend will continue

Wilmington Mayor Mike Purzycki and Chief of Police Robert J. Tracy took note of improving crime trends that include a sharp decline in shootings. Officials have been cautious about making too much of the trend...
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