While it stands as one of the highest quality and premier apartments in Wilmington Delaware, the location of The Falls has a storied and historical past. Originally established as a paper milling site in 1787 by English immigrant Joshua Gilpin, the site was then purchased by Joseph Bancroft in 1831. Bancroft established the famous Bancroft Mill, which would eventually become one of the world’s largest producers of textiles.
An industry innovator and powerhouse in the region, the mill complex produced textiles and dyes for over 220 years. After changing hands several times and bankruptcy, the complex was eventually abandoned in 2003, and was finally leveled after a fire destroyed several of the historic buildings. Not long after, it was purchased by Capano Management, with the goal of developing the luxury apartments, The Falls.
Erecting new residences on a site with centuries-old foundations and structures created both unique challenges and inspiration. It was important to Capano Management to build something worthy of this historic property; a structure that gave homage to the area and the hundreds of years of history that hold deep roots in this property. Capano Management’s LC Construction sought to integrate as much of the existing Mill structure as possible, repurposing salvaged materials into the building’s architecture and decor.
As phase 2 of The Falls has been underway, our team continues to uncover interesting artifacts from the mill. From horseshoes, steel pins, and hook weights to bobbins, loom shuttles, and machinery wheels, there has been a trove of fascinating and antique equipment uncovered from the past centuries.
With the completion of the new luxury apartment buildings, The Falls will boast a total of 346 units along the Brandywine river, as well as endless amenities for our residents; private fitness studio, outdoor fireside terrace, library, pool with sundeck, riverside dog walk, media lounge, and more.