College Road Apartments
Development Land for Sale
Marketing description
Proposed 300-Unit Mid-Rise Apartment Development on 31.08 Acres. Strategically located within walking distance to Delaware State University, this planned community offers a rare chance to deliver new residential inventory in a high-demand market.
The project has been carefully designed to meet the needs of students, professionals, and local residents, with a mix of Studio, 1, and 2-bedroom units and a full suite of modern amenities. Permit approvals can be obtained following final submission review by the City of Dover, making this a shovel-ready opportunity pending final municipal sign-off.
Site is nearing approvals for construction:
City of Dover - Apartments are a “by right” use
Parking Review Completed
Recreational Space Reviewed
Design Floors and Density Approved
Conceptual and Schematic Plans Completed
Permits can be obtained once the final submission is reviewed by The City of Dover
Investment highlights
State of Delaware Approvals
DelDOT "Fee and Lieu" instead of Off-Site Improvements
Phase One, Phase Two and DNREC Capping Plan for Impacted Areas - COMPLETE
Environmental - Final Plan of Remediation in Process
Wetland and Forest Deliniation - Non Disturbance Area Defined
Storm Water Plan
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
