Next week Pettinaro will hold a public meeting to unveil their plans to develop the old DuPont Barley Mill site at the intersection of 141 and Lancaster Pike in Greenville.
The meeting will take place on Tuesday, February 19that 7 pm at A.I. duPont High School in Greenville.
Pettinaro invites members of the community to hear their plans for a significantly scaled down version of the mega-mall developer Keith Stoltz had in mind when he owned the property and planned to develop it more than a decade ago. Pettinaro CEO Greg Pettinaro shared his vision for the property with Town Square Delaware in November, 2016, when he said he envisioned a community connected with sidewalks and bike paths.
The existing office complex has 556,000 square feet of vacant office space. Pettinaro is proposing to develop 464,000 square feet – a 16% reduction in the existing DuPont square footage – on 56 acres. Stoltz’s plan, which was derailed in Chancery Court, called for a much larger 2,800,000 square-foot development of retail and apartments.
CEO Greg Pettinaro says the $135,000 construction project would include a mixed-use, walkable community featuring offices, retail and residential units. A major grocery store is planned for the area, whose name will be unveiled at the meeting. Pettinaro says project will also include 33 ‘upscale’ townhomes and 80 ‘luxury’ flats.
Under the Pettinaro development plan, there would be no zoning changes and is essentially a “by right plan.”
These issues will be discussed at the meeting:
- development details
- number of jobs that will be brought to the area
- tax revenue to New Castle County
- timeline for construction
Pettinaro is looking forward to the public meeting with anticipation and hopes for a great turnout as they unveil their plans for the now long-vacant property. Said Greg Pettinaro, “We have worked for the last two years coming up with a plan that the community wanted. We’re hopeful we will meet their expectations.”