Buccini/Pollin Group announced their most recent development project: a new facility for the Philadelphia 76ers basketball team.
The building, which will be 140 square feet, is set to be built on the 8.9 acres of land near the Christiana River Bridge, which is currently under construction.
“This announcement by the 76ers organization confirms again that Wilmington is a great place for companies to invest, expand, and grow,” said Governor John Carney in a Delaware Business Now article. “… Importantly, this facility will create jobs, expand opportunities for kids in Wilmington to participate in sports activities, and attract even more visitors to our great state. Thank you to the 76ers organization and the Buccini/Pollin Group for their commitment to Delaware, and their continued partnership.”
The new facility, which will have retail and office space, will be worth $26 million in investment and is set to break ground in the first quarter of 2018.