Two hotels planned for the Wilmington Riverfront
A Wilmington-based real estate company announced plans on Monday to build two hotels on the riverfront.
The Buccini/Pollin group will develop a 200-room Marriott Hotel and a 100-room Homewood Suites by Hilton. These projects aim to attract business travelers and tourists to the city.
In a statement, Dave Pollin said these developments would “create up to 200 more jobs for residents of Wilmington and generate millions of tax dollars for the community.” Details on the site layout are still in progress, as well as a projected timeline for construction.
Delaware Hotel and Lodging Chairman Paul Rada says the hotels are certainly meet a need for those attending conferences at the Chase Center. However, he’s not sure if that’s enough to sustain business.
“Obviously, hotels don’t make their entire existence on just conventions and so the question would be how would two additional hotels affect the overall market," said Rada.
Rada added that a large number of hotels have been built in the state in recent years. And he’s worried that two more hotels could further saturate the market.
Wilmington Councilwoman Hanifa Shabazz, whose district includes the Riverfront, says she’s looking forward to learning more about the potential economic impact of these two planned hotels.
“Because that means there’s other residual opportunities for other industries to start being prepared for it, for this influx of people coming into our city," she said, "so that we also have to have a collective comprehensive plan for to be able to be prepared for two more hotels on the Riverfront.”
Buccini/Pollin also opened a Westin hotel attached to the Chase Center on the Riverfront in 2014.