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Developers outline phased schedule for Nylon Capital campus; Community Bank tenant to open in early 2025
Summary
Ninth Street Development provided a progress update on the 22-acre Nylon Capital campus, saying demolition largely complete, a Community Bank tenant slated for a ribbon-cutting in early 2025, construction phasing to reduce neighborhood disruption, and plans for a 'Mill' coworking incubator with 20+ offices.
Robert Herrera of Ninth Street Development briefed Seaford’s mayor and council on progress at the 22-acre Nylon Capital campus, including tenant timing, phased site work and the Mill co-working renovation.
Herrera said demolition of older buildings will be essentially complete by year’s end and site work for the back half of the campus will begin imminently. He announced that Community Bank should finish fit-out in late 2025 with a possible ribbon-cutting in January and that Brightbloom Centers for Children with Autism, Deltek and Title Health are among the anchor tenants with dates tied to their operational needs.
Herrera described plans for the mill building as a small-business incubator and coworking hub with more than 20 offices, desk memberships and meeting-space reservations; his leasing pitch listed single offices "starting at $400 a month" and temporary desk space at "$150 a month" during construction/lease-up. He asked the city for patience during off-site utility work along Stein Highway that will be phased into four segments with DelDOT’s approval to reduce community disruption.
Council members thanked the developer for the update and asked about tenant mix and ongoing coordination; Herrera said he is prioritizing family-friendly retail for the storefront area. Council took no formal action on the report.
