Continued on next page - Delaware Business Now

July 1, 2015
Third Year, 25th Issue
This week
WSFS rolls out App
that dispenses ATM
cash. 3
Frontier Airlines
won’t be back this
winter. 10
Delaware gets its first
whiskey in more than
a century. 24
Chemours spin-off becomes
effective today. 11
Delaware ranks eighth among
50 states in job climate report
D
elaware ranks as a good place to earn
a living, according to an analysis from
MoneyRates.com
The company ranked all 50 states on five distinct factors: cost of living, average income, state income tax
rates, unemployment, and workplace safety.
Delaware ranked eighth. The state has been seen varied rankings in various surveys.
One wild card is how the state’s relatively higher personal income tax is weighted.
Among the findings in the MoneyRates report:
- The cost of living in Hawaii is about twice as high as
in Mississippi.
- The average employee in Massachusetts makes over
50 percent more than the average employee in Mississippi.
- Several states have no tax on wage income, but in 17
states even someone making an average income can see
state income tax rates of 5 percent or more.
Continued on next page
Job conditions vary among the nation’s 50 states
states are as follows: 1. Hawaii; 2. Oregon; 3. Maine; 4. West Virginia; 5. Vermont; 6, California; 7. Montana; 8. South ‘Dakota; 9. Rhode Island; 10. Con“It is a mistake to think of the US as having just one economy,” says Richard
necticut.
Barrington, Senior Financial Analyst for MoneyRates, a provider of news and
Full rankings and a complete methodology can be found at http://www.moneyanalysis on savings and savings accounts. The country actually consists of many
distinctly different sets of economic conditions. This makes for very different con- rates.com/research-center/the-best-states-for-making-a-living-2015.html
ditions for workers. If you find working conditions tough where you are, it may
be well worth your while to look out of state.”
From previous page
Texas ranks No. 1 for making a living, rising from second place last year. Although wages are only slightly above average in Texas, workers in Texas get good
value from those wages because the cost of living in the state is below average, and
there is no state income tax.
The full top-10 are as follows: 1. Texas; 2. Washington; 3. Wyoming; 4. Virginia; 5. Illinois; 6. Michigan; 7. Colorado; 8. Delaware; 9. Ohio; 10. Utah. Worst
Lewes Historical Society plans new store
In June, the Zwaanendael Club
transferred the deed of the Zwaanendael
Clubhouse at 302 Savannah Road in
Lewes to The Lewes Historical Society
for $1. The society’s 13th major
property, it will house the Society’s
museum shop beginning in 2016. In
the interim, the Society will have it open
for special occasions and looks forward
to welcoming visitors.
The current store, the Ryves Holt
House, will focus on the theme “from
settlement to statehood” in keeping with
the structure’s recent inclusion in First
State National Historical Park. “We are
very grateful for the relationship we have
developed with the Zwaanendael Club
over the years and are humbled that
they trust us with such an important
and prominent Lewes landmark,” says
Mike DiPaolo, The Lewes Historical
Society’s executive director.
WSFS introduces Mobile Cash app for smartphones
A
billboard on Interstate 95 in Wilmington
predicted that card-free automatic teller
machines are coming in the future.
The future turned outs to be now when
WSFS Bank rolled out its Mobile Cash app at
its headquarters branch on Delaware Avenue in
downtown Wilmington.
WSFS CEO Mark Turner noted that the 175-yearold bank plans to keep up and even led the way on
technology thanks to innovations like Mobile Cash.
WSFS was one of the first banks in the nation to
offer a debit card and recently announced it was
partnering with ZenBank on a mobile banking
application that could move money around in a
number of currencies.
The ZenBank app will be available in the US this
year. It was first rolled out in Canada. ZenBank
was co-founded by Arkadi Kuhlmann, founder of
Wilmington-based INGDirect USA, now Ca;pital
One..
Photos by Doug Rainey
In top photo, CEO Mark Turner talks about the service. In
the top right photo, WSFS presents a check to Delaware
Futures.
information, including card number and or PIN
number is stored in the WSFS Mobile Banking App
or on the smartphone. If a phone is lost or stolen,
WSFS Mobile Cash is protected by the same login
authentication security used for mobile banking.”
WSFS owns Cash Connect, a provider of services
for ATM machines nationwide. CashConnect took
the lead on the project, with the WSFS being the
fourth bank in the nation and the first in the region
to offer the service. Cash Connect is headed by Tom
“Security is a top priority for us as we evaluate
new technology,” said Rick Wright, executive vice
Continued on next page
president and chief retail banking officer. “No personal
WILM announces Mendte morning show
iHeartMedia Delaware formally
announced that Larry Mendte has
been named Morning Show Host
for WILM AM/WDOV AM.
Mendte has been on the air since
June at the two AM stations.
As 1450 (WILM) and
Mendte
NEWSRADIO 1410 (WDOV)
Morning Show host, Mendte will
create and deliver unique content reaching audiences
through iHeartMedia’s unmatched assets including
on-air, online, social media, personalities and live
events, a release stated.
“Larry is an extraordinary talent who has the
unique ability to engage audiences across all
demographics. He has an impressive record of success
in Philadelphia, New York, Los Angeles, Chicago
and San Diego. Delaware listeners will be incredibly
impressed with his ability to connect, engage
and inform,” said Chris Walus, Regional Market
President, iHeartMedia-Delaware.
Mendte most recently served as an on-air host at
WABC in New York.
Other stops along his career included Tribune
Broadcasting in New York, IQ-106.9 FM in
Philadelphia, KYW-CBS TV and WCAU NBC-10
TV in Philadelphia,
App eliminates chance of account ‘skimming’
From previous page
Stevenson, who was on hand to discuss the app.
Mobile Cash allows withdrawals to be made via an
app on one’s mobile device, without the hassle of
punching in pin numbers or checking the overly
curious person behind you
The technology also avoids the use of skimming
devices that are sometimes placed by crooks on
ATMs. The devices steal information off debit cards.
The demonstration also featured a person dressed
up in a robot suit, who managed to receive cash,
although the thick gloves led to one of the bills falling
to the ground.
Another demonstration was held in Media, PA.
WSFS is expanding outside Delaware with a pending
deal to buy a bank in suburban Philadelphia.
The event also featured a donation to Delaware
Futures, a Wilmington-based nonprofit that prepares
students for college.
Art Museum sells paintings
and retires construction debt
The Board of Trustees of the
Delaware Art Museum announced
the private sales of Arthur Cleveland
by Andrew Wyeth and Milking Time
by Winslow Homer.
The sales mark the end of a plan,
announced in March 2014, that
retired $19.8 million bond debt.
In 2014 the museum sold Isabella
and the Pot of Basil by William
Holman Hunt and Black Crescent
by Alexander Calder. No works of art
acquired through gift or bequest were sold.
reached our most important goal
- keeping the museum open and
thriving. We are very grateful for
those who have understood the
arduous and complex decisions that
we encountered during this long
and challenging phase. There has
been overwhelming and unyielding
support for protecting and preserving
this beautiful museum for our
community.”
The museum was the target of
intense criticism from the close-knit
art museum community, and lost accreditation.
Museum officials insisted they had no choice but
With these sales, the museum was able to
to sell the paintings, or risk closing the complex on
fully repay the debt in September 2014 without
significantly depleting its endowment — a source of Kentmere Parkway in Wilmington.
funds that allows the museum to continue to provide
The museum ended up with the crushing debt load
its community with access to collections, exhibitions,
and important educational programs, a release stated. after a disastrous expansion that came at the same
time as corporate support for non-profits was on the
“Today, we close one of the most difficult chapters decline.
(Photo accompanying this story is courtesy of the
in the story of the Delaware Art Museum,” said
Delaware Art Museum).
Delaware Art Museum CEO Mike Miller. “We
Wilmington keeps
AA2 bond rating
Mayor Dennis P. Williams and City Treasurer
Henry W. Supinski announced that Moody’s
Investors Service has affirmed the Aa2 (read ‘AA
two’) long-term rating on the City’s $302 million of
General Obligation debt. Moody’s also maintained
the city’s stable outlook.
The service cited Wilmington’s steady financial
position, benefits derived to the city from a
diversified business and economic base, steady
residential and business development, and the
City’s manageable debt burden, leads to Moody’s
affirming the City’s Aa2 bond rating.
The stable outlook reflects the consistent
progression of financial reserves in the City’s
General Fund and the ongoing strengthening of
some of the city’s most important tax revenues. In a
press release, Moody’s Investors Service states, “The
stable outlook reflects the likelihood that the city
will continue to maintain consistent reserves and
operate on a balanced basis.”
The rating comes in spite of concerns that the city
could lose revenue if DuPont spin-off Chemours
seeks to relocate elsewhere. No decision has yet
been made by the new company.
state budget
Governor signs budget with GOP getting a few concessions
G
moving transportation salaries away from the trust
fund in coming years.
ov. Jack Markell signed a nearly $4 billion
2016 budget early Wednesday morning.
Some motor vehicle fees will go up as a way to
increase transportation funding. Those fees are among
the lowest in the nation. Despite, a nearly a dollar
a gallon lower gas price from a year ago, legislators
failed to consider a gas tax increase. In he last session,
Markell received little support from his own party in
attempting to add a dime increase to the tax.
The budget contains increases in motor vehicle fees
in another temporary fix for the state’s transportation
funding woes.
Markell focused on funding aimed at improving the
competitiveness of the state workforce.
In the end, legislators on both ends of the political
spectrum may have come away disappointed. A few
opportunities reach their potential. Initiatives
members of Markell’s party wanted to impose higher
established this year will help train a talented
taxes on the wealthiest Delawareans. GOP legislators
workforce, strengthen public schools, support small
also fell short in efforts to cut the budget
businesses, and provide opportunity to Delawareans
most in need. In addition, we have made vital
Republicans held up the budget for a time over the
investments in areas most critical to a strong economy
prevailing wage issue, claiming Democrats waffled on
and high quality of life, including our transportation
a previous deal.
infrastructure and our cities.”
“Our responsibility is to ensure Delawareans
have a fair chance to succeed in our dramatically
changing economy,” said Markell. “We have made
great progress toward providing more people with
Markell noted that the budget, despite weak revenue
projections, will help the state keep a coveted AAA
bond rating that results in lower borrowing costs.
The fiscal 2016 Operating Budget includes a $4.5
million base reduction in the Medicaid budget and,
as of June 1, there were 635 fewer state employees
working in the Governor’s executive branch agencies
compared to March 2009.
From fiscal 2009 to fiscal 2015, more than 1,000
Republicans earned a largely symbolic win with $5
million in funds for transportation costs moving over state employee positions have been eliminated
to the general fund. GOP legislators have proposed
Continued on next page
Governor says spending has declined when
adjusted for growth in number of students
through attrition. Additionally, more than 100
positions were eliminated in the fiscal 2016 budget.
Development Districts will receive $8.5 million
in funding in continuing a popular program with
legislators and the public.
The budget contains 2.6 percent growth over Fiscal
Year 2015 despite increases in health care costs and
the number of students attending Delaware public
schools, the governor’s office noted.
The Bond Bill also includes $5 million for
redevelopment of the NVF factory site in Yorklyn
(Hockessin) and the Fort DuPont area near Delaware
City.
Average annual budget growth during the Markell
administration (2009-2016) has been negative when
adjusting for inflation and population growth.
Republicans have called for further cuts, citing what
they see as a weak economy..
Legislators agreed to legislation that aims to
decrease regulatory burdens on individuals and small
businesses, a move that was praised by legislators
from both parties. Legislation also maintained school
funding and allowed redrawing of school district
boundaries in Wilmington.
From previous page
“By making targeted investments, supporting our
infrastructure, and ensuring Delaware businesses have
the best opportunity to innovate and expand, we will
continue to build on job growth that has far outpaced
our neighbors and helped our unemployment drop
significantly,” said Markell. “I am especially pleased
that we have taken a major step toward properly
funding our infrastructure and addressing our
Transportation Trust Fund shortfall so DelDOT can
effectively improve the safety of our roads and bridges,
reduce congestion, support economic development,
and create quality middle-class jobs. Downtown
UD graduate Chris
Christie enters
presidential race
University of Delaware alumnus Chris Christie,
the two-term governor of New Jersey announced
this week that he will join the Republican field in
the race for the party’s presidential nomination.
Christie made the announcement in his
childhood hometown of Livingston, New Jersey.
This followed the recommendations of the
Wilmington Education Advisory Committee
including an evaluation of the number of charter,
district, and vo-tech schools required to best serve
student needs across the state. House Bill 56 provides
for a moratorium on all new charter schools until this
happens.
He is the second UD grad to make a run for the
nation’s top office. The other is Vice President Joe
Biden, who could join the race on the Democratic
ticket in 2016.
Either candidacy would continue the university’s
legacy as the “epicenter” of national politics, a
term coined by Bloomberg News during the 2008
presidential race when the campaign of Barack
Obama included both Biden and adviser David
Plouffe, an alumnus who went on to work in the
White House, and the campaign of Republican
John McCain included adviser Steve Schmidt, also
an alumnus.
Funding was also included for addiction treatment
and services.
Christie is expected to stake out a middle ground
in a largely conservative field of candidates.
Frontier Airlines won’t bring
back winter flights to Florida
F
T
rontier Airlines formally ended any
immediate hopes for service from New Castle
Airport.
he Delaware
Business
Bulletin is an
electronic business
journal published in
a digital format each
Wednesday by Bird
Street Media, LLC,
Newark, DE.
“Frontier has pulled out of ILG because it wasn’t
a profitable operation. If market conditions change,
we may look at it again in the future,” spokesman
Jim Faulkner stated in an email message.
The airline had ceased service from the airport
to Orlando and Tampa in Florida in April, as the
winter travel season ended.
In the past year or so, the airline had shifted its
focus to ultra-low fare service from larger airports.
under new owner Indigo Partners.
Frontier has maintained much of its service from
Trenton-Mercer County in seeking Delaware Valley
passengers. The airport serves a large area where
vehicle travel times to Philadelphia and New York
are an hour or more.
Frontier recently announced it would buy larger
Airbus jets that would give the carrier the lowest
operating costs in the industry.
The Philadelphia area remains one of the six largest
markets in the U.S. Service is dominated by US
Airways, which is merging into American Airlines.
Earlier this year, it added daily flights from
However, discount carriers like Jet Blue, Spirit,
Philadelphia International Airport to some of the
Southwest and Frontier have added service that have
destinations that had been flown from New Castle. held down fares to some locations and may have
Flights from New Castle, were made only a few
reduced Frontier’s options.
times a week to cities like Chicago and Atlanta, and
Continued on next page
points in Florida.
The Business Bulletin offers numerous
opportunities for advertising messages and
sponsorships for its business-to-business
audience at highly affordable rates.
For further information on advertising and
sponsorships, e-mail Michael Klezaras at
[email protected]
The Business Bulletin and the companion
DelawareBusinessDaily.com website are
proud members of Local Independent News
Publishers (LION).
Gas prices down nearly a buck from ‘14 as holiday approaches
OPEC member Saudi Arabia is opening the oil
spigot in an apparent effort to hold down production
in the U.S. from hydraulic fracturing (fracking).
After reaching a new high for 2015 last week
($2.80), the national average price for regular
unleaded gasoline dropped slightly to $2.78 a gallon
late last week, Wilmington-based AAA Mid-Atlantic
reported.
This is four cents higher than one month ago, but
down sharply from the same period last year when
drivers paid 90 cents more a gallon as the July 4th
holiday approached.
The average price in Delaware was $2.69 a gallon,
nearly a dollar below the price per gallon paid a year
ago at this time.
Crude oil prices moved lower late last week due to
a stronger U.S. dollar amid concerns about Greece’s
financial instability.
The United States is moving toward the point
where it will be self sufficient in oil production, with
predictions that some oil will be exported.
Photo of Wawa sign from March.
A default or Greece’s exit from the Euro group
would likely impact financial markets and could
reduce global energy demand, AAA reported.
The Organization of the Petroleum Exporting
Countries (OPEC) reported its highest production
levels since October 2012, and the U.S. also
continues to produce at record.
Airline claims service was not profitable
number of passengers in the Delaware Valley who
were drawn by the free parking and convenience of
Service from New Castle was hampered by an old
the location along Route 13, but passenger loads
terminal and the ability to handle only one jet at a
fell just short of the 90 percent or so sought by the
time. Also, Philadelphia remains a convenient airport
carrier.
for many passengers with travel times of less than an
hour from many locations in northern Delaware.
Delaware has seen sporadic attempts at airline
service with carriers using pulling out of the market
The service from New Castle did attract a large
after a year or less.
From previous page
AAA reports the global market is likely to remain
oversupplied in the near term and any reductions in
demand are expected to put downward pressure on
price , further contributing to ample supplies.
(Video) Chemours spin-off from DuPont takes place today
(Click on image at right to view video)
DuPont officially moved toward a spin-off of Chemours on Monday with the
CEO of the company ringing the symbolic bell on the New York Stock Exchange.
The transaction is expected to become effective today.
The headquarters for now, will be in Wilmington at the former DuPont Co.
headquarters. DuPont is moving to the Chestnut Run Plaza site, just outside the
city of Wilmington.
DuPont common stockholders will receive one share of common stock of
Chemours for every five shares of DuPont common stock they hold on the record
date. Fractional shares of Chemours common stock will not be distributed to
DuPont common stockholders.
Instead, the fractional shares of Chemours common stock will be aggregated
and sold in the open market, with the net proceeds distributed pro rata in cash
payments to the DuPont common stockholders who otherwise would have
received fractional shares of Chemours common stock.
A decision on a permanent headquarters has not been made.
The state and City of Wilmington have made financial package offers for the
company.
not too closely associated with its former corporate parent and its two-century
history. By spinning off Chemours, DuPont will be able to more closely focus on
fast-growing businesses and shed many of its environmental liabilities.
DuPont had also cut investments into Chemours slower growing businesses as
part of its corporate strategy.
DuPont has been under pressure from shareholder activists, such as Nelson
Peltz, to simplify and sell off holdings. Peltz narrowly lost a bid for a DuPont
board seat after a fierce battle that included DuPont naming two former
Outgoing Delaware Economic Development Office Director Alan Levin said in industrial CEOs with turnaround experience to its board. The Performance
a previous interview that he was cautiously optimistic.
Chemical business, which includes a plant in Edgemoor, is also cyclical in nature
with competition becoming more intense in recent decades in a global economy. However, word around DuPont is that the company is leaning toward sites
outside Delaware, due in part to the need to build new corporate culture that is
finance
Betterment adds
IRA option for self
employed
Betterment, an
automated investing
service, added SEP
IRAs, an acronym for Simplified Employee PensionIndividual Retirement Account.
Betterment has about 210 customers in Delaware,
according to the company. Betterment is based in
New York City.
The SEP is designed for self-employed workers’
retirement savings. SEP IRAs are for self-employed
individuals and small-business owners without
employees.
Guidelines are as follows
company has more than 95,000 customers and more
2. You must fill out the form 5305-SEP and keep a
copy for your records. There is no need to sub- than $2.3 billion in assets under management. Betterment was ranked as CNBC Disruptor 50, FT 300
mit it to Betterment or the IRS.
Top Registered Investment Advisors, Benzinga’s Robo
Advisor Tools of the Year and Webby award winner.
3. Earnings grow tax deferred and are only taxed
upon withdrawal, like a Traditional IRA.
Bryn Mawr expands in Cenral PA
Betterment offers its customers a globally-diversified
portfolio of index-tracking ETFs, personalized alBryn Mawr Bank Corporation, parent of The
location advice, and goal-based investing, the release Bryn Mawr Trust Company announced that it has
Continued on next page
stated.
Customers can open and customize regular investment accounts, traditional or Roth IRAs, trust accounts, and accounts for retirement income.
Since its launch in 2010, Betterment has released
a suite of tax-efficient features to all of its customers
regardless of balance, including Tax Loss Harvesting+
and Tax Impact Preview.
Betterment, also recently released RetireGuide, an
1. You can contribute up to 25% of your annual comadvice engine that informs customers whether or not
pensation (20% if you’re self-employed after
they are invested correctly for a comfortable retiresubtracting your self-employment tax deduction) or up to $53,000 for 2015, whichever is ment.
less.
Betterment is an automated investing service. The
finance
From previous
appointed Michael
J. Bunn as Senior
Vice President
and Central
Pennsylvania
Market Leader.
Bunn will be
located at Bryn
Mawr Trust’s office at One East Chocolate Avenue,
Hershey, PA.
In Delaware, Bryn Mawr has a branch banking
office and wealth management operations.
Bunn has more than 13 years of experience in
banking serving the Central Pennsylvania market,
most recently with Metro Bank, in Harrisburg, PA
where he served as Regional Vice President with
responsibility for the East Shore market.
step is to introduce our lending and deposit services
to the Central PA market. Adding a respected
local banker like Michael will allow BMT to bring
financial solutions tailored to the needs of business
and consumer clients in the area. His track record
of delivering superior service and exceeding client
expectations will demonstrate to clients why – Bryn
Mawr Trust is The proven choice,” said Frank Leto,
CEO.
Bunn is a graduate of Kutztown University earning
a BSBA degree and Penn State University where he
earned an MBA degree.
He is active in the community and is a member
of several organizations including; Big Brothers,
Big Sisters of Central Pennsylvania and Junior
Achievement of South Central Pennsylvania.
Professional affiliations include; West Shore
Chamber of Commerce, Harrisburg Regional
Chamber of Commerce, Pennsylvania Bankers
Association and a former Board Member of the Risk
“The Central Pennsylvania market is very attractive Management Association.
to Bryn Mawr Trust. Since 2011, we have been
serving the wealth management needs of the market
with our local team of experts. Strategically, our next Continued on next page
Trending
The following stories in
DelawareBusinessDaily.com recorded
the most visits in the past week.
1. WSFS rolls out Phone app that taps cash
from ATM
2. Food Lion and Giant’s European owners
plan to merge
3. United Water customers in Newark area
facing water pressure problems
4. (Photo gallery) Cabela’s opens store near
Christiana Mall
5. (Updated) Storms leave thousands
without power; cell phone glitch reported
6. Ice Cream Shoppe takes first place in
sundae competition
7. Capriotti’s reopening Hockessin location
8. Piri-Piri chicken focus of new Pike Creek
dining spot
9. AB Group bag plant to bring 87 jobs to
Newark area
10. Viewpoint: Transvaginal mesh jury
award should spur recall, ban
From previous page
Stepping Stones Credit Union now
member of Pittsburgh home loan bank
Stepping Stones Community Federal Credit Union
(Stepping Stones CFCU) – a Wilmington-based
organization committed to providing access to credit,
education and individualized approaches to money
matters – announced it has become a member of the
Federal Home Loan Bank of Pittsburgh (FHLBank
Pittsburgh).
Membership with FHLBank Pittsburgh enables
Stepping Stones CFCU to further meet the needs of
its members – those who reside or work in the city
of Wilmington – with access to a number of lowcost financial tools and sponsorship of applications
for FHLBank’s affordable housing program. Local
businesses like Discover Bank, which contributed
funds to the effort, helped Stepping Stones
Community CFCU pursue the application process
and meet the requirements for membership with
FHLBank Pittsburgh.
U.S. Senator Tom Carper (D-DE) was joined
by representatives from Stepping Stones CFCU,
FHLBank Pittsburgh and Discover Bank at a
ceremony this week. The event took place at the
offices of the Delaware Community Reinvestment
Action Council (DCRAC), the non-profit
organization that founded Stepping Stones in an
effort to combat payday lending and high-cost
alternative financial services for residents on the east
side of Wilmington. “Joining FHLBank Pittsburgh
lays a strong foundation for the growth and stability
of the credit union and Wilmington’s east side,
particularly in our ability to offer financial services
and sponsor applications for affordable housing,
which is a significant need in our community,” said
Rashmi Rangan, director, Stepping Stones CFCU.
Stepping Stones CFCU holds strong partnerships
with banks in Delaware that have helped to capitalize
the credit union with deposits and grants to sustain
its operation. SSCFCU was the only credit union
chartered by the NCUA in 2011.
Its founding was made possible through support
of businesses like Discover Bank, which contributed
$250,000 in startup funding in addition to an
additional $150,000 in grant funding and technical
assistance.
development digest
HFF arranges $45 million financing
package for Christiana Meadows
Holliday
Fenoglio Fowler,
L.P. announced
it has arranged
$45 million
in financing
for Christiana
Meadows, a 648unit, garden-style
apartment community in Bear.
Located on 49 acres, the property consists of 54
three-story buildings, which have one- and twobedroom floor plans. Community amenities include
an Olympic-sized swimming pool, sauna, hot tub,
playground, tennis courts, clubhouse with fitness
center and large conference room.
developed more than 15 million square feet with a
value of more than $600 million.
HFF and HFFS (HFF Securities L.P.) are owned by
HFF, Inc. HFF operates out of 22 offices nationwide
and is a leading provider of commercial real estate and
capital markets services to the U.S. commercial real
estate industry.
The property is 92 percent occupied.
“As the largest apartment community in Delaware,
Sussex Multiple Listing Service changed
Christiana Meadows has enjoyed historically strong
occupancy as a result of its competitive rental rates
and convenient location, which attracted considerable The Sussex County Association of Realtors
(SCAOR) recently converted its Multiple Listing Serlender interest in the asset,” said Conley.
vice (MLS) subscription to the Matrix platform, proThe Commonwealth Group has, to date, developed vided by the CoreLogic Corp.
HFF worked on behalf of the borrower, a joint
more than $600 million of commercial, industrial
venture between principals of The Commonwealth
This change improves functionality, service and reGroup and The Emory Hill Companies, to secure the and residential real estate. They currently manage
liability to individuals searching for a new home in
1.3 million square feet of office, warehouse and
10-year, 3.62 percent, full-term, interest-only, fixedsouthern Delaware, according to a release.
multifamily properties.
rate loan. Proceeds were used to refinance existing
debt on the property.
The new service went live on Tuesday, May 26, and
Emory Hill, New Castle, was founded in 1981
is now being used by the nearly 2,000 members of
in Newark, Delaware as a development company
Christiana Meadows is about two miles south of
and Emory Hill & Company was formed to provide SCAOR to enter home information, compile reports
Interstate 95.
comprehensive construction management and design- and interact with the home buying public.
build service.
In addition, the property is near the 1.2-million“I, and the rest of the board of directors, feel
square-foot Christiana Mall, Christiana Town Center
Continued on next page
To date, Emory Hill Companies have built and
and New Castle Airport.
development digest
From previous page
that converting to the Matrix system is a winwin situation for our members, and for everyone
searching for a home in our beautiful area of the
state,” says Fred Dean, 2015 president of SCAOR.
“This new MLS platform has many features that our
old system did not and will allow us to serve our
clients in a more effective and reliable manner.”
The new platform is said to be easier to use by the
growing number of people who use mobile devices.
Realtors in the other two counties in the state use
TREND, one of the nation’s largest multiple listing
systems.
Dover firm joins Weichert franchise
network
Weichert announced that First Class Properties
to the national Weicher tranchise network. Owner
Audrey Ellen Brodie will lead the office now known
as Weichert Realtors- First Class, an independently
owned and operated member of Weichert Real Estate
Affiliates, Inc. (WREA).
“One of the many things that initially drew us
to partner with Weichert was their national brand
awareness. Many prospective clients in our region
relocate from New Jersey, New York, Pennsylvania
and Maryland. Weichert’s well-respected reputation,
coupled with our regional expertise, will attract
additional clients to our office and team of
professionals,” said Brodie. “Our commitment to
growth, both for our firm as well as our Realtors
aligns with Weichert’s endless internal resources for
Realtors to access proven, step-by-step strategies for
increasing their business and ensuring their services
are always consistent with our standards. Recruiting
new talent into the industry will be much easier by
using Weichert’s Career Night plans and extensive
education systems.”
Brodie added that: “As a business owner, the
Weichert training and business systems provide
me with peace of mind knowing we have a proven
customer-focused and profitable system in place
to assist our Realtors in growing their business
consistently. And having a uniform process for
handling each element of client interactions
protects the integrity of our product and image. As
a Better Business Bureau Accredited company we
want to protect our current status and grow our
firm, maintaining that same high level of customer
satisfaction. In our 10 years in the industry we’ve
seen consistent growth in sales generated by our
dedicated Realtors helping us to be ranked sixth
out of 32 brokerages in Kent County for the last
two years. Now with Weichert as our partner we
plan to continue that growth and stay true to our
mission statement — delivering a first class real estate
experience to each and every client — for many years
to come.”
The office serves Kent and Sussex counties from
Middletown to Dewey Beach and beyond. Weichert
has affiliate offices serving over 250 markets in 38
states.
Continued on next page
development digest
The Sussex County Association of Realtors selectd
one of its former presidents as the winner of the
association’s most prestigious annual honor.
now,” says Dean. “We’re fortunate to have many
downstate Realtors who give countless hours to this
organization, specifically to furthering the SCAOR
brand. Brad is certainly one of those people and
we’re happy to see his name finally emblazoned on
the plaque that hangs at SCAOR headquarters in
Georgetown.”
Rehoboth Beach Realtor Brad Riedle, who also
served as SCAOR’s president in 2014, was named
Realtor of the Year for 2015, as voted on by a select
committee of SCAOR members. Riedle will also
serve as president of the association in 2016.
In addition to the annual Realtor of the Year award,
SCAOR also named Trish Ratner and Erin Martin
as its 2015 Good Neighbors of the Year, for their
extensive community work, and Shirley Kalvinsky as
its 2015 Educator of the Year.
From previous page
Sussex Realtor of Year named
Newly named Sussex County Realtor of the Year Brad Riedle,
right, receives the award from 2015 President Fred Dean,
during a ceremony in Georgetown
“Not many individuals in recent memory have
done more to advance southern Delaware’s real estate
industry than our good friend Brad Riedle,” says
Fred Dean, 2015 president of SCAOR. “Not only
did he serve as president last year, but he also stepped
up to the plate when we had a need for 2016. He’s
an invaluable member of our organization and we’re
thrilled he will represent Sussex County later this year
in Dover.”
at Dover Downs on Thursday, Oct. 8. “I’m obviously
very honored to receive this award and to be included
among all the great people who have been bestowed
this honor before me,” says Riedle, a Realtor with
Coldwell Banker Resort Realty in Rehoboth Beach.
“SCAOR is a great organization and I’m honored to
have been chosen as it’s president in the past, and I’m
excited to once again assume a leadership position
next year. I thank everyone on the committee who
chose me for this year’s Realtor of the Year.”
Riedle is now eligible for the title of Delaware
Realtor of the Year, which will be announced by the
Delaware Association of Realtors during a ceremony
“Brad has been a terrific champion of the
Realtor cause in southern Delaware for many years
The Sussex County Association of Realtors was
chartered in 1949 and has steadily grown in size,
scope and mission during its more than six decades
in Sussex County. It is a professional trade association
with goals of carrying out a program of education and
advocacy for real estate in the county.
SCAOR is a resource for the public, as well as an
advocate for property rights and property owners
in Sussex County. The association also monitors
legislative issues on the local, state and national levels
that may impact home ownership in the area.
DEDO offers commercial
real estate search tool
Gov. Jack Markell announced the launch of
the Delaware Economic Development Office’s
new website on Friday, a site that boasts an
interactive search tool that will make it easier
for site selectors to browse high-quality commercial and industrial real estate properties
available around the state.
Made possible through a partnership with
San Francisco-based GIS Planning, this initiative includes the installation of the Zoom
Prospetor site selection tool onto the Delaand DEDO’s new website and this interactive
ware Economic Development Office’s website, tool represent an exciting step forward,” Gov.
www.dedo.delaware.gov.
Markell said. “DEDO’s new website makes it
easy for visitors to find what they’re looking
ZoomProspector provides real estate, demofor. We believe we have created a virtual welgraphic and industry data to help businesses
coming mat for businesses on the move, those
and site selection professionals select locations
seeking job training or small businesses in
in Delaware. In addition to having access to
search of financial assistance.”
an interactive map that provides access to a
comprehensive database of available properties
“This ground-breaking tool will allow comaround Delaware, selectors and potential inpanies on the move to connect with Delaware
vestors will also have the ability to view infor- real estate firms so that they can capitalize on
mation on Delaware’s labor market, infrastruc- golden opportunities to do business together,”
ture and more.
said Alan Levin, Director of the Delaware
Economic Development Office. “The ability
“Delaware’s economy is on solid ground, and
to showcase these properties with an easy-towe continue to see the arrival of new companavigate map and database will bolster our
nies and the expansion of existing businesses.
economic development efforts significantly.”
We continue to work to build on this progress,
Returning in September
DEVELOPMENT DIGEST
Remember when the Delaware Business Ledger used to print
its “Development Digest?” It was a highly anticpated report
on commercial real estate, construction and other aspects of
our vibrant local development community. We are pleased to
announce its return in September under the Delaware
Business Bulletin/DelawareBusinessDaily.com umbrella.
We are offering special packages ranging from sponsorship
in the special editions as well as online assoication with this
new electronic edition of a trusted business resource. Reach
Delaware’s business elite- decision-makers who impact
the state as well as companies needing your products and services.
For story ideas and suggestions, email Doug Rainey at
[email protected]. For affordable
advertising packages, contact Michael Klezaras
at [email protected].
DelawareBusinessDaily.com
Business news now - not later
health care
DelleDonne to seve as spokesperson, blogger for Christiana Care
Christiana Care Health System and Delaware’s own WNBA star Elena Delle
Donne are teaming up to promote wellness by encouraging people to become
active partners in their own good health.
Delle Donne—the former Ursuline Academy and University of Delaware
basketball standout —will serve as spokesperson and guest wellness blogger
for Christiana Care, sharing tips for eating healthy and staying active, as well as
promoting the importance of forming active partnerships with your doctors and
other health care providers.
She is currently off to a strong start with the WNBA Chicago Sky star. The
partnership kicked off with a prominently displayed billboard on Interstate 95 in
Wilmington. (See accompanying photo).
Delle Donne has also served as a spokesperson and representative for DuPont
Co. the Delaware 87ers.
Through her blog posts, Delle Donne will encourage readers to be aware of
subtle changes in their own bodies and to seek expert medical care. She also hopes
to empower others to actively participate in their own health care decisions. Her
first blog post “Getting Fit Starts with Eating Right” appears on the Christiana
Care Wellness Blog.
“You know your own personal health better than anyone,” Delle Donne tells her
“I am honored to partner with Christiana Care,” Delle Donne.. “As a lifelong
readers in her initial blog for the health system. “As part of your own health care
Delawarean, I have witnessed the benefits this health system brings to our
team, you’ll be a partner in deciding what’s best for you. It’s a team approach that
community. Caring for others—particularly those with illnesses or disabilities—is works!”
an area in which I strongly believe, and I am grateful for this opportunity to work
with Christiana Care to share my experiences and make a difference.”
Delle Donne has faced her own health battles with Lyme Disease. She spent part
of the off-season in Delaware to recuperate after missing some games.
media insider
Could Gannett spin-off lead to deal in Delaware?
T
he official separation of Gannett’s TV and
newspaper holdings has led to speculation
nationwide about the company buying
newspapers and related websites.
nett shares dropping
two percent during the
first day of trading.
News of the spin off
was greeted with a sign
The Gannett name will remain on the newspaper
on the News Journal’s
and website holdings that will emerge from the split
headquarters in New
with no debt.
Castle carrying the cuHowever, fast-growing digital holdings like Cars. riously worded tagline
“Our new future starts now.”
com and CareerBuilder will stay on the sexier TV
side of the business, now known as Tegna.
Gannett earlier made acquisitions of newspapers
Poynter, the non-profit that tracks the bumpy jour- and related websites in west Texas, New Mexico and
the York, PA area.
ney of newspapers, offered an overview of the deal
earlier this week.
Could more merger action be in the works? Gannett
has indicated it will be a buyer.
Gannett will offer a nice dividend for shareholders
but no fast-growing businesses to bolster the continued decline in newspaper advertising that is not being One tantalizing possibility for Gannett is locking up the Delaware market with the purchase of the
recouped by online ad growth, Poynter noted.
Gatehouse weeklies in the state.
Wall Street was not especially impressed with Gan-
A quick disclaimer: There are no rumors making
the rounds on anything being in play. Gannett has
also indicated it will look at bigger newspapers and
markets.
A couple of years ago, rumor had it that a company owned by Berkshire Hathaway and CEO Warren
Buffett was eying the News Journal.
It could have been wishful thinking. However, the
NJ, in the past, was one of Gannett’s trophy newspapers, due to the lack of local TV competition for ads.
Berkshire went on to acquire a number of metros
and small dailies (the nearest being the highly regarded Press of Atlantic City. However, the Sage of Omaha,
stayed away from Gannett properties or the company
wasn’t interested in selling.
Right now, the Gatehouse weeklies file the hole
in the Delaware map for Gannett, which has strongholds to the south in Salisbury and in the north with
the News Journal.
Continued on next page
European owners of Giant, Food Lion plan to merge
The Belgian and Dutch companies that operate
Food Lion and Giant stores in the United States plan
to merge. The merger had been rumored for months.
The $29 billion stock merger of Ahold (Giant)
and Delhaize (Food Lion) will give the combined
company more than 6,500 stores with 375,000
associates as well as 50 million customers. CEOs of
the two companies cited similar corporate cultures
and cost savings as strong arguments for the deal.
Ahold’s stores, which include Giant, Martin’s and
Stop and Shop are located on the East Coast, while
the smaller Food Lion markets are clustered in the
Mid-Atlantic and South. The two companies get half
of their sales from US holdings.
Savings from the deal would total 500 million euros
Gannett may be in a buying mood
Continued on next page
New Media are also in a buying mood, snapping up
Any buyout would continue the trend toward clus- mid-sized metros in Las Vegas and Columbus Ohio.
tering, with metros or giant chains buying up adjaNewspaper purchases are cheap by historical stancent weeklies.
dards, with the family owned Columbus Dispatch
going for $47 million. And while newspapers are beIt would also leave Delaware with the non-Gannett ing bought and sold again, the X factor is declining
Independent Media (Delaware State News and its
advertising revenues.
Delmarva weeklies; Coastal Point in Ocean View;
and the Cape Gazette at the beach. Still, buying the
So far, chains have not been able to cut costs fast
former Dover Post company properties would allow enough to fully adjust to the lower revenue. As a
Gannett to tighten its grip on the print market and
result, layoffs frequently follow buyouts as accountgain business for its printing plants in Salisbury and ing, page make-up and other functions are centralNew Castle.
ized in distant locations. That can lead to difficulties
when it comes to revenue-related issues like quick
The wild card would be the Gatehouse printing
turnaround around times and ensuring high quality
plant in Dover, which end up being surplus. Another in advertising printing, no small issue in this era of
problem with this scenario is that Gatehouse and
color.
or about $560 million a year, in efficiencies, according
to a release.
Both Ahold and Delhaize have struggled, at times,
in the US, with competitors like Wal-Mart, Whole
Foods, Aldi, Trader Joe’s, Costco and Wegmans
moving into their core markets.
Wegmans is now opening stores in Pennsylvania,
New England and the Washington, D.C. area, all
strongholds for Ahold.
And in a world filled with online rankings, Ahold
and Delhaize have rarely broken into the ranks of
the highest rated supermarket chains. Food Lion, in
particular, has struggled in consumer ratings.
Delhaize, which operates smaller supermarkets,
has expanded and pulled back in various markets,
including Philadelphia where it opened and shut
down Bottom Dollar stores.
Food Lion has expanded in Delaware, apparently
profiting off the decline of long-time market leader
Acme. Northern Delaware has also seen an expansion
by Shoprite. Delaware stores are owned by the
community-minded Kenny family. In central and
southern Delaware, Food Lion is seeing competition
from employee-owned Redner’s stores in Dover,
Milford and Georgetown.
technology
Video scaler offered by Wilmington firm
TMM, Inc., Wilmington, announce that TRUPIX
Video Scaler is now available for sale.
TRUPIX is a resolution-conversion tool that
enables a user to improve the quality of digital video
or individual frames at up to four times its original
resolution.
Users will be able to permanently convert video
from lower resolution to higher resolution RAW
video.
“This new TRUPIX website is our first step in
taking this exciting new product to market. We
already have pre-sold the product. Clearly the
demand is there.” said Gerard V. Cavanaugh,
president of TMMI. ”
SuperVessel has attracted users from 30 universities
in China and the U.S., demonstrating the value
and demand for open technology for data-intensive
research. Current examples of universities that
are innovating on SuperVessel include Tongji
The company’s new TRUPIX product website,
www.trupixscaler.com, includes product information, University, where students are using the service for
the ProteinGoggle project, which aims at examining
comparative samples and a contact page for sales
protein sequences to better understand human health.
inquiries.
Another example is the analysis and optimization
of the Chongqing subway system on SuperVessel, a
UD leads the way with cloud-based
project developed by Chongqing University.
research
Markets include entertainment, scientific,
education, medical, gaming, industrial and defense
users.
With the support of the OpenPOWER Foundation,
IBM is now enabling universities to leverage the
industry’s first OpenPOWER and cloud-based
research and development service, allowing them
to turn their innovative ideas into realities and
contribute to the rapidly expanding open technology
movement. The new cloud service is also playing an
important role in nurturing the next generation of
talent in the technology industry.
TMMI’s research lab continues to explore new
ways to create what it calls “disruptive breakthroughs
The University of Delaware was the first US
in digital video technology as part of an essential
infrastructure for content development, analysis and institution to use the program.
delivery..”
Since its initial creation seven months ago,
kudos (business honors
Businesses honored by Central
Delaware Chamber at annual
event in late June
More than 300 Central Delaware Chamber of
Commerce members and their guests attended the
Annual Awards for Excellence dinner, hosted at
Dover Downs Hotel & Casino late last month.
The Chamber’s Outstanding Partnership Award
was presented to BIG Investment Services for their
active role in the organization through participation
on several key committees and in events.
“We, at the CDCC, are always so thrilled to see
who the members select as their nominees for both
the Small Business and Corporation of the Year.
It speaks to the manner in which these businesses
operate”, stated Judy Diogo, president, CDCC.
“Then to see whom they select to receive the Award
is truly huge. We have 1,000 members and to have
your peers name you as the best is phenomenal.
Our nominees and our Award winners deserve to be
very proud.”
Nominees were: Small Business of the Year:
Advantech Incorporated; Fifer Orchards, Inc.; and
Representatives from Chesapeake Utilities
Maple Dale Country Club. Corporation of the
& Casino. Bob has continually donated his time and Year: Chesapeake Utilities Corporation; Harrington
Ron Barisano received the Chair’s Outstanding
resources in support of CDCC events and programs, Raceway & Casino; and Nurse Next Door.
Volunteer of the Year Award for his role as the
the chamber noted.
Chamber’s Marketing Committee Chair for the past
Tammy Ordway, retiring Chairman of the CDCC,
three years as well as his involvement on the Auction
The Leadership Central Delaware (LCD) Class of
provided The State of the Chamber Address.
and Christmas Party Committees.
2015 graduated and The LCD Class of 2014 took
the trophy for Best in Class 2015.
She outlined the programs that the Chamber
Ron was also instrumental in the completion of
provides to their members and what can be expected
the LCD Class of 2015’s community service project
Mary Fennemore with Fifer Orchards won for
for fiscal year 2015-2016.
for People’s Place.
Small Business of the Year and Michael McMasters
with Chesapeake Utilities won for Corporation of
The Chair’s Outstanding Board Member of the
the Year. The CDCC members nominated and voted
Year for 2015 is Bob Souza of Harrington Raceway
for both of these awards.
not for profit
Keller Williams agents aid Blood Bank,
Mary Campbell Center
ware Adolescent Program, Inc. (DAPI) to support
the nonprofit’s summer 2015 Pathway to College and
Career Program.
About 20 agents from the Keller Williams Realty
Wilmington office helped residents of the Mary
Campbell Center paint and decorate 16 birdhouses
for their campus, along with power-washing a
walkway that meanders through a nature trail.
The initiative was the office’s focus this year
for RED Day (Renew, Energize and Donate), an
event traditionally held on the second Thursday in
May when agents close up shop, don their telltale
red T-shirts and head out to give back to the
communities they serve.
“The Mary Campbell Center was chosen because it
is a fixture of our community,” said Linette Carroll,
who chairs the KW office’s Culture Committee. “It
has been here for many years and mainly is kept
running by volunteers and donations.” Agents
who couldn’t participate donated toward the day’s
activities, which included washing and vacuuming
the vehicles used to transport the 67 residents of the
center, which has provided a home for children and
adults with disabilities since 1976.
“They knew that people just came in one day and
DAPI helps teen parents graduate from high school
and motivates them to pursue college educations. The
grant was made by The Sallie Mae Fund, Sallie Mae’s
charitable foundation.
During the four-week Pathways to College Program, approximately 20 eighth through 12th graders
from throughout Delaware will be able to earn credit
for coursework they were unable to complete during
the regular academic year.
Keller Williams photo
made their world better,” said Margaret Jenkins,
volunteer coordinator for the Center. “We were like
one family for one day.” The office didn’t confine its
community efforts to one day; it also sponsored a
blood drive with the Delaware Blood Bank for the
month of May.
“Hopefully, we will be able to continue doing that
every year so that we all can make that our month to
donate,” Carroll said.
Sallie Mae grant to DAPI
Sallie Mae has made a $10,000 grant to the Dela-
This is the program’s second year; Sallie Mae also
supported the program’s launch in 2014.
“Through our partnership with Sallie Mae, DAPI
initiated the summer credit recovery portion of our
Pathways to College and Career Program, and now
Delaware’s pregnant and parenting teens have an
option to catch up on credits during the summer
months and increase their opportunities for higher
education,” said Lucy O’Donnell, executive director,
DAPI. “As a result of this program, we’ve experienced
a 67-percent increase in young moms choosing college.”
food and drink
Top sundae title
goes to Ice Cream
Shoppe
Also participating in the contest were: Cajun Sno,
UDairy, Sweet Lucy’s and Battiato Farms.
The Ice Cream Shoppe
took first place in the
second “Best Sundae on
Sunday” competition at
the New Castle County
Ice Cream Festival at
Rockwood Park with its
Rockwood Fire Blazing
Sundae.
New Castle County Executive Tom Gordon
presented the Executive’s Bowl to the team from
the Ice Cream Shoppe, on Philadelphia Pike in
Bellefonte. Barry Schlecker of Barry’s Events,
producer of the festival, awarded the winner a free
vendor’s space at the 2016 festival.
The two-day Ice Cream Festival at the park near
Wilmington featured entertainment, food and ice
cream.
Seven dairies and makers of ice cream treats
participated in Sunday event. The runner up was
Caffe Gelato of Newark with its Rockwood Dark
Chocolate and Salted Caramel Sundae. Placing third
was Hy-Point Dairy of Brandywine Hundred, which
served a Rockwood Jammin’ Jelly and Cup o’ Joe
Decadent Donut Delight.
Painted Stave
announces state’s
first whiskey
in more than a
century
Painted Stave
Distilling, Smyrna,
released their aged
whiskey, ‘Ye Old Barley
Whiskey’ as part of their
Avant-garde Collection.
The winning entry featured Whitehouse Cherry ice
cream, yellow-dyed marshmallow topping, red hot
cinnamon minis, whipped cream and red sprinkles
Crafted with local ingredients, double-distilled and
with a cherry on top, all in a homemade waffle bowl. rested in a seasoned bourbon barrel for one year, Ye
To top off its presentation, the sundae was served in a Old Barley marks the first legal whiskey release in
plastic Brandywine Hundred Fire Company fireman’s Delaware in more than 100 years.
hat mounted on a toy fire engine.
The spirit closely resembles an Irish style pot-still
A portion of the proceeds from sales of the winning whiskey, made from 80 percent unmalted barley
sundae will be donated to the Delaware Burn
and 20 percent malted barley with a heavy dose of
Camp, a program that provides a safe and natural
smoked malts to give it a distinct smoke character.
environment to promote they physical and emotional
healing of children ages 6-18 who have suffered
The flavor is balanced with notes of vanilla and
burn injuries, said Alex Meloro, co-owner of the Ice
Continued on next page
Cream Shoppe, which placed second in last year’s
competition.
From previous page
toffee, as well as a light oak profile drawn into
the whiskey from the barrel. The whiskey is fully
appreciated when sipped neat or on the rocks, but
also stands up well in cocktails that showcase its
distinct flavor profile, a release stated
on Monday. The
Bobbie, invented by
a co-founder of the
company, features a
“Thanksgiving meal
on a sandwich,”
with stuffing, freshly
made turkey, cranberry sauce and a dash of mayo.
A limited supply of Ye Old Barley Whiskey will be
available at the distillery as well as select retailers in
Other creations include the Cole Turkey (cole slaw
Delaware, Maryland, and Washington D.C. The 90
turkey and Russian dressing) Capastrami (pastrami,
proof spirit will be featured in a 375ml bottle. Ye Old
swiss cheese and Russian dressing).
Barley is suggested to retail at $24.99 per bottle.
Salt Lake City, with outposts in Nebraska and the
state of Washington next in line.
The Hockessin store, once one its top grossing
locations, fell victim to highly publicized financial
issues with the former owner, The situation ended up
with lawsuits and an equipment auction.
The company has expanded into vegetarian items,
but has also dropped some local favorites, such as
cheeseburger subs.
“Delaware is the birthplace of Capriotti’s, so
The location, which opened in the early 1990s, was it was really important to us that we put forth a
Painted Stave Distilling (PSD) was founded in
concerted effort to bring our subs back to loyal fans
part of the original expansion of Capriotti’s, which
the fall of 2011. The distillery is located at 106 W.
went on to add stores in Delaware and Las Vegas. The in the Hockessin community,” said Morris. “With
Commerce Street in Smyrna.
original sub and cheese steak shop remains on Union our dedicated new franchise partner, Hockessin
residents can now celebrate the return of their favorite
Street in Wilmington’s Little Italy neighborhood.
Capriotti’s reopens Hockesssin store
neighborhood sandwich shop with a chance to get a
free Bobbie.”
Franchisee Ashley Morris of Las Vegas went on to
Capriotti’s Sandwich Shop reopened its Hockessin
buy the family owned company, which now has more
location under new management.
The location is open seven days a week. For
than 100 franchised stores in 16 states from coast to
information regarding Capriotti’s visit Capriottis.com.
coast.
The sandwich shop returned to its original address
The company also offers a Capriotti’s CAPAddicts
at 120 Lantana Square, Hockessin. To celebrate the
Capriotti’s has moved into major markets, including
reopening, Capriotti’s in Hockessin gave away 100
Washington, D.C., home of long-time fan, Vice
Continued on next page
free nine-inch-long Bobbies to the first 100 customers
President Joe Biden. It recently opened a store near
food and drink
From previous page
loyalty app for iOS and Android to earn and redeem rewards. The technology is becoming
a mainstay in the fast-casual side of the business.
Piri-Piri chicken comes to Delaware
Piri, Piri chicken has come to Delaware. Piree’s recently opened in Pike Creek at the
Limestone Hills shopping center off Limestone Road and west of Wilmington.
The menu includes wings, sandwiches, wraps and vegetarian items as well as the
signature grilled and marinated that comes in quarters, halfs and full chickens.
The chicken, which has its roots in Portugal and the former Portuguese colony of
Mozambique , uses a sauce from the potent African bird’s eye pepper. The grilled
chicken can be ordered with various degrees of heat.
That fits in well with a desire of many diners for more spicy cuisine with an international
touch.
According to the restaurant’s website, the restaurant is part of an expansion by a British
chain four-dozen Piri, Peri restaurants that operate under the name Pepe’s Piri Peri.
An international chain of piri-peri restaurants, Nando’s has set up a US beachhead in
the Washington, D.C. and Baltimore areas, beginning in 2008. Nando’s uses the spelling
peri-peri. Nando’s, which has 1,000 restaurants, recently expanded to the Chicago area.
people
Dickerson named AVP at
CNB
CNB, a member of Shore Bancshares community of companies,
announced that Kelly Dickerson
has been promoted to Assistant
Vice President, Bank Operations
Officer.
Dickerson
She will be responsible for supervising and coordinating the activities of the operations functions of the bank to assure efficient
workflows and appropriate controls in support of the
Bank’s employee base and customer service areas. She
also manages the oversight and coordination of various vendors providing information technology services, communications systems, and core processing
services. She is also iesponsible for promoting and
providing training support for frontline staff.
Specialist. She was promoted to Bank Operations Of- Morgan Chase in Newark. In this role, Hagerty is
the Delaware location lead for the corporate and inficer in April of 2009.
vestment bank technology division overseeing several
Dickerson recently received the honor of being ap- global applications for the investment bank. Hagerty
pointed to serve on the newly created Federal Reserve is also responsible for vendor management and overSecure Payments Task Force. Along with other indus- sight of technology teams in New York, Singapore
try experts, she will advise the Federal Reserve on pay- and Mumbai.
ment security matters, coordinate with the Faster PayHagerty graduated from Shippensburg University
ments Task Force and determine areas of focus and
priorities for future action to advance payment system of Pennsylvania with a Bachelor of Science degree in
computer science.
safety, security and resiliency.
Hagerty joins Delaware
Tech board
Robert E. Hagerty was nominated
by Governor Jack A. Markell and
confirmed by the Delaware State
Senate as a member of Delaware
Tech’s Board of Trustees. Hagerty’s
Dickerson earned a bachelor’s degree in history from appointment was effective June 10, Haerty
the Bridgewater College in 2002 and graduated from 2015.
the Maryland Banking School in 2014. She also received certification as an Accredited ACH ProfessionHagerty has over 30 years of experience in inforal in 2010. Dickerson began her career with CNB in mation technology and business. He is currently the
November of 2008 as an Operations and Compliance technology director and managing director at J.P.
Berkshire announces two additions
Berkshire Hathaway HomeServices Fox & Roach, Realtors Bear
Office, announced Jerry Amin as
a Sales Associate. Licensed since
2002, Amin is a member of the
Delaware and Maryland Associations of Realtors. Amin resides in
Columbia, MD. He serves New
Castle County and Cecil County,
Amin
MD. Continued on next page
Quaker Hill artists’ housing development announced
W
ilmington Renaissance Corporation
(WRC) and Creative District housing
partner, Interfaith Community Housing
of Delaware (ICHDE) will host a kick-off event to
announce the renovations of the first artist’s housing
development for homeownership entitled,
Willing Street Artist Village to be held on Tuesday,
July 14, at 3 p.m. on the corner of 6th and Willing
Streets in Wilmington.
Located in the neighborhood of Quaker Hill,
Willing Street Artist Village will offer 6 buildings (all
currently vacant) that
will be redeveloped
into 10 housing units
as seven condos and
three single family
homes with 1, 2 and
3 bedrooms and 850
to 1,400 square feet
of space.
All with have separate studio/work spaces and are
anticipated to be priced from $60,000 to $70,000
for one-bedroom condos and $125,000 to $140,000
business people
From previous page
Berkshire Hathaway HomeServices Fox & Roach, Realtors
Hockessin-Pike Creek Home Marketing Center, announced Dawn
Wilson joined as a Sales Associate.
Licensed since 2007, Wilson has
experience with investors, active
adults, relocation and first-time
Wilson
homebuyers. Wilson serves New
Castle County, as well as Chester,
Delaware and Philadelphia Counties in Pennsylvania.
Development coordinator named
Caesar Rodney Institute, a public policy group,
announced that Anne-Laure Kittila has joined the
Caesar Rodney Institute as our new Development
Coordinator.
for single family homes. The neighborhood, near
downtown, has seen only a partial turnaround in
spite of long-running efforts by residents of the
historic area tied to the Underground Railroad that
moved slaves to free states.
The project encompasses the area bounded by
Fourth, Ninth, Shipley and Washington Streets and
is supported by a strong collaboration from a variety
of partners from the private and public sectors;
Wilmington Renaissance Corporation, Interfaith
Community Housing of Delaware, Chris White
Community Development Corporation, Christina
Cultural Arts Center, Quaker Hill Neighborhood,
City of Wilmington, Delaware State Housing
Authority.
The project will continue the momentum of
growth LOMA and Market Street, a release stated.
The Creative District will be focused on creative
production and consumption, a place where creative
entrepreneurs and neighborhood residents thrive and
where locally designed goods and original works are
made and consumed., the release stated.
Kittila works in the offices of Greenhill Law Group.
Their pioneering work also brings other businesses
She will work to develop relationships with donors
and supporters, and she will help plan events around and residents to urban areas.
the state.
business licenses
Editor’s note: The following business
licenses were issued by the State of
Delaware
Retail
BREZINA KIMBERLY A
JAMBERRY NAILS
35395 TEAL ROAD
35395 TEAL RD
MILLSBORO, DE 19966-6878 Professional/Personal Services
BRIGHT BEGINNINGS CHILD CARE CEN
29753 JOHN J WILLIAMS HWY
MILLSBORO, DE 19966-3921 BULL SHANNON D
SHANNON DENISE DESIGNS
14 CIRCLE DR E
MILTON, DE 19968-9408 CLARK FACILITIES MAINTENANCE GRP
4542 KIRKWOOD ST GEORGES RD
BEAR, DE 19701-2069 CIRRUS DELAWARE LLC
5400 LIMESTONE RD STE C
WILMINGTON, DE 19808-1232 CICCOTTA DAMIEN J
DC HANDYMAN SERVICES
715 PERGOLA LN
MIDDLETOWN, DE 19709-4627 CAR CONTRACT SERVICING LLC
2501 OAK LAWN AVE STE 140
DALLAS, TX 75219-4055 CERTIFIED HONEST RV REPAIR
8297 LINDALE RD
GREENWOOD, DE 19950-4967 CHRISTINA RIVERFRONT LLC, 1236PS
3 IROQUOIS CT
NEWARK, DE 19702-1907 CARMONA MARIA & DONATO
32665 DUPONT BLVD
DAGSBORO, DE 19939-4468 CHESAPEAKE ARMORY LLC
BEACH HOME WATCH
17276 N VILLAGE MAIN BLVD
LEWES, DE 19958-7219 BRITTINGHAM PAULINE R
PRB DESIGNS
221 BRITAIN CT
NEWARK, DE 19702-6321 CERCHIO KATHLEEN
100 NEPTUNE DR
NEWARK, DE 19711-3011 CALLAHAN EDWARD
EDWARD CALLAHAN REMODELING
1210 WESTTOWN THORNTON RD
WEST CHESTER, PA 19382-8510 CAMPBELL SHELLY ANN
430 COUNTRY DR APT E
DOVER, DE 19901-4739 CAPE SPINE & DISC P A
1540 SAVANNAH RD STE B
LEWES, DE 19958-1682 39751 FENWICK CIRCLE
SELBYVILLE, DE 19975 DELAWARE CITY, DE 19706-7700 109 REVUELTA CT
SAN CLEMENTE, CA 92672-3822 Retail
DE FIRE WATER MOLD LLC
1792 WILLOW GROVE RD
FELTON, DE 19943-2916 C A M CONSTRUCTION INC
22682 ESKRIDGE RD
SEAFORD, DE 19973-8136 CAPANO COMMERCIAL CONSTR
COMPANY
105 FOULK RD
WILMINGTON, DE 19803-3740 CALLAHAN EDWARD
EDWARD CALLAHAN REMODELING
1210 WESTTOWN THORNTON RD
WEST CHESTER, PA 19382-8510 BUTCHER & THE BAKER INC THE
TOM AND TERRY’S MARKET
30447 CEDAR NECK RD
OCEAN VIEW, DE 19970-4129 CLARK GERALD
38 PEARSON ST
LINCOLN PARK, NJ 07035-1909 CJ AVIATION HOLDINGS, LLC
16192 COASTAL HWY
LEWES, DE 19958-3608 CAPERS PENNY MERENA
BARKING DOG BISCUITS
PO BOX 704
DELAWARE CITY, DE 19706-0704
Wholesale
BURTON PAMELLA
19 W SARATOGA RD
MILFORD, DE 19963-2106 CHASE AUTO SALE INC
408B MECO DR STE 72
WILMINGTON, DE 19804-1112 CHILDERN’S TREASURE CHEST
327 NICOLA LN
HOCKESSIN, DE 19707-9191 CAPUTO JOSEPH V
JVC ENTERPRISE
23354 BOAT DOCK DR E
LEWES, DE 19958-5130 CHASKI JOHN
32239 NASSAU RD
LEWES, DE 19958-3712 CHATANI PREM N
FIRST & ANCHOR
100 GARFIELD PARKWAY
100 GARFIELD PKWY
BETHANY BEACH, DE 19930-7705 Sales Representative
BUYARENO
247 S DILLWYN RD
NEWARK, DE 19711-5549 Mover
C DURHAM TRUCKING LLC
206 S MARKET ST
SEAFORD, DE 19973-4132 CHIDEMBO SR TAFADZWA ANTONY
EAST ATLANTIC EPRESS
13 WINCHESTER RD APT A
NEWARK, DE 19713-3122 Restaurant
CHRISTY ROBERT G
4 LEAFY LN
NEWARK, DE 19702-2318 Contractor
BUTCHER & THE BAKER INC THE
TOM AND TERRY’S MARKET
30447 CEDAR NECK RD
OCEAN VIEW, DE 19970-4129 BROWN DONALD
BROWN FAMILY BUILDERS
CARMONA AIR
38 CLINTON ST # B629
CHESTNUT DEBORAH L
DEBS JEWELRY DESIGN
438 S BARRINGTON CT
NEWARK, DE 19702-2177 CARLISA’S WATER ICE
222 STROUD ST
WILMINGTON, DE 19805-4844 CARMONA MARIA & DONATO
D & M TIRE SERVICES LLC
32665 DUPONT BLVD
DAGSBORO, DE 19939-4468 Telecommunication-Public Utility Tax
CELITO COMMUNICATIONS INC
1350-109 SUNDAY DR
RALEIGH, NC 27607 CHEMO BEANIES LLC