49 Bancroft Mills Road
Wilmington, DE 19806
Wilmington developer, Louis Capano III, announces the redevelopment of a 12-acre former mill complex dating from 1787 into an exclusive 346 unit apartment community. Rising above the beautiful Brandywine creek, the historic Gilpin Mill was once a paper mill, a textile mill and a Dye company closing in 2003. Developer Capano re-imagined it into a community of 346 exclusive apartments with sweeping vistas of the scenic Brandywine Creek. The community will be a prime example of a Class A multifamily development.
The Reserve At Rockford Falls will contribute to Wilmington’s recent resurgence at the long-abandoned Bancroft Mills. In conjunction with DNREC Division of Parks and Recreation, a new public pavilion, restrooms, and entrance will be added to the 415-acre Alapocas Run State Park, across the Brandywine from The Reserve at Rockford Falls. Alapocas State Park features the Rock Manor Golf Course, hiking and biking trails and a well-known rock climbing wall.
“We are extremely excited about providing nearly 350 units of prime, class A rental housing to a key Wilmington location and know future residents will be delighted with both our quality of construction and attention to resident needs,” said Capano in announcing the project.