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Sign in Sign up for a FREE subscriptionMRA Group plans $500m redevelopment in Wilmington, Delaware
MRA Group have closed on the acquisition of DuPont's Chestnut Run Lab Campus at 984 Centre Rd., in Wilmington, Delaware, and have embarked on an ambitious $500 million redevelopment plan. Renamed Chestnut Run Innovation & Science Park (CRISP), the 163-acre campus contains about780,000 square feet of existing lab, research, and advanced-manufacturing space.
Located in the Greenville area, Chestnut Run Innovation & Science Park is four miles west of Central Wilmington, and just a quarter-mile south of Barley Mill Plaza, which is developing more sthan 110 residential units and commercial spaces, including the area's first Wegmans supermarket.
“We recognized the amazing potential for the campus to address the regional demand for market-ready life science and advanced manufacturing facilities, particularly when combined with its superior location along the I-95 corridor,” said Mike Wojewodka, MRA Group executive vice president and partner. “Northern Delaware
