$100M Bancroft apartment proposal put to the test

June 12, 2026 - Katie Tabeling

Delaware Business Times

WILMINGTON, Del. - “the plans for redeveloping the properties— which currently have offices on them — have been in the works for almost a year. Tsionas Management convened a working group in the fall to discuss the Bancroft, which included representatives from the Bancroft Village neighborhood next door, small business owners and 2000 Penn. residents.”

Image credit: Delaware Business Times article

UPCOMING EVENT:

COMPLETE

Bancroft Project Forum

Join Councilman Chris Johnson and representatives from Tsionas Management for an informational meeting about The Bancroft, a proposed new development at Bancroft Parkway and West 11th Street.

  • Get the facts about The Bancroft project from the professionals involved.

  • Ask questions and engage with the community.

  • Learn how the proposal supports Wilmington’s economic revitalization goals.

TUESDAY, JUNE 9

6:00PM - 7:30PM

JOSEPH E. JOHNSON SCHOOL

2100 Gilpin Ave. Wilmington, DE

Wilmington will soon have 60 new affordable housing units

May 29, 2026 - Abigail Lee

Delaware Public Media

WILMINGTON, Del. - “The new donation from the Tsionas Management Company will go toward redeveloping 60 low-income apartments that will be marketed toward people with disabilities and seniors.”

Image credit: Delaware Public Media article

The Flats receives donation for final phase

May 15, 2026 - Katie Tabeling

Delaware Business Times

WILMINGTON, Del. - “Tsionas Management's $300000 gift to Todmorden Foundation for the $14 million project aims to spark new model for affordable housing.”