SEAFORD, Del. - NAI Coastal has announced a partnership with 9th Street Development Company, who recently purchased Nylon Capital in Seaford for large-scale redevelopment. NAI will be finding tenants for the redeveloped site once it is complete.
"We are excited to collaborate with NAI Coastal in our revitalization of Nylon Capital. Their team shares in our enthusiasm for the project and that is sure to be a driving force behind the success of our partnership,” said Rob Herrera, Co-Founder of 9SDC. “In its former life, this shopping center was a true community hub – a gathering place for the residents of Seaford and beyond. We feel very confident that our plans for the site will restore its value to the Sussex County community.”
NAI says that the project is characterized by its commitment to versatility and inclusion. Once complete, they say the development will span over 218,000 square feet, covering around 23 acres along West Stein Highway. Officials say the construction will involve the both the reuse of old buildings and new construction.
“The site has been strategically designed with both institutional and recreational users in mind,” said Davis. “We are thrilled to represent such an impactful project led by developers with a genuine interest in the betterment of our Delmarva community.”
The first Tenants for the development include Delaware Technical Community College (DelTech), Bright Bloom, an early education Montessori school, and The Mill. NAI is searching for both a premier medical tenant, as well as a highly requested bowling alley.
“Nylon Capital will not only be a place to work and learn, but also a space where fun is had and memories are made,” said Gillis. “It is the kind of project that can redefine a community with its economic and social impact, and I am honored to play a role in its establishment.”
To inquire about the remaining 50,000+ SF now available for lease, please contact Chris Davis or Shelby Gillis at chris@naicoastal.com / shelby@naicoastal.com or by calling (410) 543-5115.