Commercial Development Company (CDC) is pleased to announce the sale of 28 acres to First Industrial Realty Trust to construct a 358,000 SF industrial warehouse to be located within the 425-acre “First State Crossing” development in Claymont, Delaware.

"We understand there is high-demand for ready-to-occupy warehouses, and we are pleased to work alongside First Industrial to bring this project to Claymont. The warehouse is a welcome addition to the First State Crossing masterplan,” said Stephen Collins, Executive Vice President at CDC.

In 2015, Environmental Liability Transfer assumed environmental liabilities at this former Evraz Steel Mill, which proved to be the catalyst for redevelopment. Today the project includes 700,000 square feet of industrial space, 500,000 square feet of office space, 50,000 square feet of retail space, and 1,200 residential units of rental apartments and for-sale townhomes.

This brownfield redevelopment is expected to have the largest economic impact of any project underway in the state, according to the Claymont Renaissance Development Corporation.

Development-ready land is still available. If you are sourcing locations for your next project, please contact Stephen Collins at 314-835-2835 or scollins@cdcco.com.

Read the full press release here »

In July 2022, we were honored to host President Biden at our Brayton Point redevelopment project in south Massachusetts. Big thanks to the administration for highlighting the use of legacy energy assets to propel the transition to renewables.

"Today, Brayton Point is on the frontier of clean energy in America. On this site they will manufacture 248 miles of high-tech, heavy-duty cables. These specialized subsea cables are necessary to tie offshore wind farms to the existing grid. Manufacturing these cables will mean good paying jobs for 250 workers. As many as the old power plant had at its peak"

-- President Joe Biden

ELT assumed environmental liabilities at Brayton Point and set a goal to transform the retired power plant into a logistics and manufacturing hub for offshore wind energy. We are happy to report overwhelming success in that endeavor. Brayton Point is now the future home to a subsea cable manufacturing plant (Prysmian Group) and an electric converter station (Mayflower Wind) which will bring renewable energy directly to the local grid.

For more about this project, please reference links below:

• Website: www.BraytonPointCommerceCenter.com
• Brochure: Brayton Point Brochure

Prior to the visit of the President of the United States to Brayton Point, Commercial Development Company reached agreements with two leading offshore wind energy companies, Mayflower Wind and Prysmian Group, to establish operations at the site.

We believe this case study sets a new standard in what can be achieved at shuttered power plants. In the absence of a sustainable redevelopment plan, a shuttered power plant is at risk of entering a prolonged state of decay and deterioration. This often results in community blight, diminished property values, and a sustained loss of jobs and tax revenue.

The economic impact of Brayton Point’s transition to a renewable energy development will surpass the loss incurred by the closure of the coal-fired power plant. Mayflower Wind estimates construction costs for the offshore wind connection facility to be $275 million and create 25 local jobs. Prysmian Group estimates construction costs for the subsea manufacturing facility to be $250 million and create over 300 local jobs.

Read the full case study of Brayton Point here »

In July 2022, CDC announced the acquisition of a 149-acre retired Solutia chemical manufacturing plant in Trenton, Michigan. The transaction included the acquisition of real estate, as well as machinery & equipment. CDC will now oversee demolition of buildings and liquidation of equipment, with an eye to redevelop shortly thereafter.

“Our acquisition of this retired chemical plant is the first step to restoring the property to productive use – our team is well equipped to redevelop this property for its next stage of life, likely to be industrial operations,” said Adam Kovacs, Vice President at CDC. 

The property has a desirable location and various development attributes that will attract industrial users once demolished and redeveloped. The former plant has two onsite rail spurs connecting operations to major North American freight railroad networks. Additionally, the site is 20 minutes from DTW International Airport, along the Detroit River, and at the mouth of Lake Erie.



For more about the acquisition, please reference press release here »

Interested parties can reach out to Derek Kessler at 314-835-2809 or dkessler@cdcco.com.

CDC is in the final stages of a long-term redevelopment plan at a 93-acre retired rock quarry in San Antonio, Texas. Today the site is among the largest development-ready tracts available in San Antonio.

The property is ideally-suited for a last mile distribution and warehousing. With easy access to I-10, Hwy 1604, and San Antonio International Airport. Originally purchased in 2007, the Tradesman Quarry has been closed and subsequently reclaimed for new construction.

Download Property Brochure »

Interested parties can reach out to Stephen Collins at 314-835-2835 or scollins@cdcco.com.

Commercial Development Company is now offering this 5-acre waterfront property in Perth Amboy NJ for sale or lease. This site is located within a growing industrial & logistics park with direct access to the Arthur Kill River. Property includes a 400-ft, 80,000 lb capacity pier, a newly installed bulkhead, located minutes from I-440 and I-9. Watch Property Video »

Interested parties can reach out to Derek Kessler at 314-835-2809 or dkessler@cdcco.com.

• Marysville, MI: Former DTE Energy Tank Farm in East Michigan, 400,000+ Barrel Capacity On Site --- Download Brochure »

• Somerset, MA: Multiple Buildings and Sites Located on New England Port; 82,000 SF Manufacturing Building Download Brochure », 20,000 SF Warehouse with Office Download Brochure »
• Map of Available Lots

• San Antonio, TX: Last Mile Distribution Center & Warehousing Site --- Download Brochure »

• Rockwood, TN: 115-Acre Development-Ready Site for Light Industrial, Commercial, Solar --- Download Brochure »

• Chamois, MO: Outdoor Storage, Laydown Opportunity, Frontage Along Missouri River --- Download Brochure »

• Newberg, OR: 220-Acre Reclaimed Paper Mill Prepared for Residential, Retail, Mixed-Use, and Light Industrial; Possible Technology, Data Center Use --- Download Brochure »

Interested parties can contact John Kowalik for more information, 314-835-2813 or jkowalik@cdcco.com. Additionally, if you are sourcing industrial real estate in any market, please check with us as we do have many ongoing brownfield redevelopment projects throughout the US and Canada.