The economic growth that downtown Wilmington has experienced with the recent real estate boom is continuing. In an announcement given by the Buccini Pollin, a real estate development group, more apartments are slated to be built along the city’s riverfront. The new project is part of an overall plan to bring a “critical mass” to the area to further stimulate growth and make the district a “24-hour vibrant community” as described by Marty Hagemen, executive director of Downtown Visions.
Zuckerberg sued in real estate dispute
Mark Zuckerberg of Facebook fame is reportedly being sued by a real estate developer for purchasing properties around his home in Palo Alto. Sources say Zuckerberg paid a total of $43 million for four properties. According to the developer, Zuckerberg is in breach of contract with respect to a deal they struck on one of the properties.
