One of a few empty lots on the Eastside of Wilmington will soon be transformed into residential housing.
On Tuesday, the Inter-Neighborhood Foundation of Wilmington (INF), hosted a groundbreaking ceremony for Walnut Place, a small community with eight brand new townhomes.
The new construction project will include three and four bedrooms units on the 1400 block of Walnut Street. For the past 30 years, INF has revitalized communities and developed numerous projects in both Eastside and Midtown Brandywine communities.
“Access to affordable, stable housing is foundational to a family’s well-being,” said Bank of America Delaware market president Chip Rossi.
The housing project will be built on land donated by Bank of America; the company also generated the funding for it.
“Bank of America had a strong vision for the residential development of this site and we believe Walnut Place fits perfectly into that vision. Walnut Place will have the design and character one expects in City homes but the size and amenities more often associated with suburban living,” said INF Executive Director Timothy Crawl-Bey.
The project is expected to be finished by the Summer of 2016.
However, Walnut place is just one piece of a larger puzzle. Revitalizing the upper Eastside of Wilmington will also include new residential developments by Habitat for Humanity of New Castle County, bringing a total of 61 apartment and townhome units to the area.