September Start Date Set for Redevelopment of the Historic Powell Building in Downtown Salisbury: Planned for mixed use to reconfigure the property for the 21st Century
Gillis Gilkerson, one of the most stable and trusted Construction Management, General Contracting and Development firms on Delmarva, today announced construction will start on the redevelopment of The Powell Building at 218 West Main Street in downtown Salisbury in fall 2019.
The 45,000 square foot, five story, historic structure is being redeveloped to include 20 apartments and 10,000 square feet of commercial and retail space on the Main Street plaza and Camden Street ground level. Gillis Gilkerson vice president Tyler Barnes said completion is scheduled for summer 2020.
Originally custom built as a Montgomery Ward that opened in 1938, The Powell Building also served as home to Vernon Powell Shoes since the late 40’s. Its last tenant, a hair salon that occupied a small space on the first floor, moved out in 2017, leaving the building completely vacant. In 2017 Gillis Gilkerson signed a deal to buy the building from owner Joseph Wright with an obligation to identify a main tenant and redevelop the building.
“We see history and opportunity within these walls,” said Brad Gillis, principal, Gillis Gilkerson. “This building has been a cornerstone in our community for decades, and the redevelopment of this historic structure coincides seamlessly with the revitalization of Salisbury’s downtown.”
Gillis Gilkerson has been leading the charge to revitalize downtown Salisbury since its inception, for more than three decades. Its redevelopment portfolio includes the Hess Building, Riverview Commons, the Wicomico State’s Attorney’s Office, the Gallery Building, the Gateway Building, Fire Station 16, 110 West Main Street and 118 North Division Street in Salisbury.
For first floor commercial space leasing opportunities at The Powell Building, contact Brad Gillis with NAI Coastal at 410-543-5115
About Gillis Gilkerson
In its 37th year of building and real estate development on Delmarva, award-winning Gillis Gilkerson has built a reputation as one of the most trusted and stable construction management and general contracting firms on the Peninsula. From new commercial construction to renovation, the company’s construction managers offer broad and deep experience in diverse industries such as medical, industrial, manufacturing, hotels, multi-family housing, houses of worship, restaurants, retail, schools and more. Its full-service real estate development expertise offers custom solutions for land purchase, building program development, turnkey project management, obtaining permits and approvals, property management, property marketing, purchase, lease, and lease/purchase options. The team works in conjunction with architects, government planners, engineers, surveyors, inspectors, contractors, and leasing agents to manage the development process from concept to completion.