Delaware Economic Development Working Group Recommends Plan for Public-Private Partnership
Governor Carney created the working group with Executive Order #1 WILMINGTON, Del. – The Delaware Economic Development Working Group submitted its report to Governor John Carney on Friday, recommending a plan to implement a public-private partnership – the Delaware Prosperity Partnership – that would restructure Delaware’s economic development efforts. The nonprofit partnership, as recommended by […]
Governor Carney Announces Economic Development Working Group Members
Membership guidelines outlined in executive order WILMINGTON, Del. – Governor John Carney announced Wednesday the members of the Economic Development Working Group who will develop recommendations for implementing a public-private partnership at the Delaware Economic Development Office. The working group will explore how state government can work with the private sector to improve economic development […]
Governor, legislators comment on redevelopment of former GM Boxwood Road manufacturing facility
Governor Markell and state legislators today expressed support for job creation and economic development efforts at the site of the former General Motors manufacturing facility near Wilmington following the announcement that CBRE Group, a global commercial real estate services firm, will begin soliciting bids for the redevelopment of the Boxwood Road facility on behalf of their client, Wanxiang America. The project aims to maximize the value of the site for future economic development opportunities.
Governor, legislators comment on redevelopment of former GM Boxwood Road manufacturing facility
Governor Markell and state legislators today expressed support for job creation and economic development efforts at the site of the former General Motors manufacturing facility near Wilmington following the announcement that CBRE Group, a global commercial real estate services firm, will begin soliciting bids for the redevelopment of the Boxwood Road facility on behalf of their client, Wanxiang America. The project aims to maximize the value of the site for future economic development opportunities.
Downtown Development Districts (DDD) Program Expands
Governor Jack Markell on Wednesday announced a statewide expansion of Delaware’s Downtown Development Districts program, significantly building on the state’s efforts to redevelop Delaware’s commercial business districts and drive private investment in towns and cities. Five new Downtown Development Districts were officially designated in Smyrna, Harrington, Milford, Georgetown and Laurel. Investors who make qualified improvements to residential, commercial, or industrial properties in those districts now may qualify for state and local development incentives, including 20 percent state grant rebates.
