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Twin Spans Business Park

New Castle, Delaware

Twin Spans Business Park was Harvey, Hanna & Associates very first redevelopment project 25 years ago and is considered the premier distribution campus in the mid-Atlantic region.

CHALLENGE

Turn a currently vacant, obsolete manufacturing facility opened by Chicago Bridge and Iron into a redeveloped modern business campus that encompasses 2 million square feet of Class A commercial logistics, warehouse, distribution, and office space.

Twin Spans Park - BeforeTwin Spans Park - After

PROJECT OVERVIEW

This 135-acre (1.85 million square feet) business park is located in the City of New Castle only minutes from I-95, I-295, I-495 and Routes 9 & 13 and two miles south of the Delaware Memorial Bridge. The site offers convenient access to the Port of Wilmington, Delaware Memorial Bridge, and the entire northeast corridor.

Twin Spans has a presence of strong, nationally recognized companies (Tire Rack, Zenith Products, Ferguson, Iron Mountain Hermann Warehouse Corporation) mixed with well-known regional entities. The park offers excellent design specs with a wide array of suite sizes to fit tenant space requirements and is a pillar in the community, helping to generate continued economic growth.

Twin Spans At a Glance

Square Footage

1.85 Million

Property Size

135 Acres

Buildings

10

Acquired

1997

Constructed

1998–2002

Materials

Split Block & Insulated
Metal Panel Construction

PROJECT Highlights

Twin Spans Business Park is consistently one of the most well-maintained industrial parks within the Mid-Atlantic region and has a reputation within the logistics industry for being so. This comes from a commitment to quality through superior property management services. Our philosophy is to ensure that every property remains in great condition. We pride ourselves on the overall maintenance of our properties and understand the impact that building appearance and functionality have on tenant success. Their success is our success, and we take that seriously.

COMMUNITY & ECONOMIC IMPACT RESULTS

Twin Spans Total Employment:
1,000+ jobs Current Fiscal Year

Contributions:
Over the past decade, this revenue has totaled millions of dollars to local, county, school, and State coffers. Operations at Twin Spans have also benefitted the New Castle Municipal Services Commission, which provides utility services to the site and local community. Twin Spans is the largest source of revenue for the Municipal Services Commission.

Partnerships Created:
Delaware Transit Corporation in 2008 to bring DART buses into Twin Spans

Long Standing Tenants at Twin Spans Business Park:
We prioritize tenant happiness and longevity in our spaces, working with them to inspire continued participation in local community philanthropy and events.