Robert Herrera of 9th Street Development Company provided the Seaford City Council with an update recently, on the progress of the Nylon Capital Shopping Center. Herrera shared that there are signed letters of intent with prospective lessees but will wait until the leases are signed to announce the businesses.
Herrera said local creamery Vanderwendes has signed on as a tenant. He also said the shopping center is looking for new tenants that are family-friendly and centered. An updated aerial was shown with minor changes from discoveries made during demolition.
Herrera spoke on an updated project schedule with demolition of the buildings and interiors to be completed by the end of 2024. The first tenant, Community Bank, will take occupancy on Jan. 31.
In May, the BrightBloom center for children with autism will be completed for occupancy. The target for the outside shell of Del Tech is August, TidalHealth is October and the Mill’s building shell is November.
In September, the first phase of the rear site work will begin with phase II for front site work taking place in October through March 2026. The offsite work will begin in February and continue through April 2026. This work will include improvements to Tull Drive, Atlanta Road and Sussex and Stein highways.
The Mill will have 20 small offices at $400 per month along with an Innovation Center. The space, per Herrera, is great for those who work from home and need a better outlet to focus on the work. The Mill is also great for meetings, gatherings and businesses. The Mill currently has over 600 small businesses benefitting from the spaces in other locations. For more information including leasing info, visit www.themillspace.com.
DSM is handling the leases for approximately 50,000 square feet of commercial space, which is immediately available at the Nylon Capital Center. The space is suitable for professional/medical offices, retail storefronts, restaurants, recreational and athletic facilities, schools and more, with minimum divisibility of 1,500 square feet. Flexible lease terms and buildout options are available.
DSM, a full-service commercial real estate company, is the exclusive listing agent. For more information, contact Dan Wham at 302-249-9744 or
dw***@dm**.com
or Dann Gladnick at 302-540-8969 or
dg*******@ds***.com
.
From brokerage through construction to property management, DSM has more than 30 years of industry experience. DSM can manage every transaction from start to finish and handle every obstacle using its network of service providers. DSM’s in-house team has extensive experience in real estate development and third-party construction management.
For additional office, retail and commercial properties, call DSM Commercial at 302-283- 1800.
