The Asbury Square development, led by Michael Meoli and his partners, is the only shovel-ready project in its area, designed to meet the needs of a post-COVID society along State Route 1 and Frederica Road. It focuses on providing fast-track, flexible options for new businesses, aiming to enrich Kent County with amenities that balance modern conveniences and local culture.
Key project highlights include:
- Development Flexibility: Shovel-ready pad sites enable businesses to implement their own designs quickly, with full flexibility to adapt to market needs.
- Prime Business Opportunities: The development features 12,800 square feet across four restaurant pad sites along State Route 1, two in-line retail pads along Frederica Road, and a convenience/gas station pad.
- Supportive Local Growth: Asbury Square sits amid booming residential expansion, with 1,952 residential units approved and another 2,800 planned within three years.
- Strategic Location: Positioned for high visibility and accessibility, the project is close to Milford and Dover, directly opposite the DE Turf complex, and benefits from the traffic en route to Delaware beaches.
- Proven Success: Current anchors include SpringHill Suites by Marriott, performing beyond expectations, and Empire Wine & Spirits, which opened in summer 2024 and is thriving.
- Full Readiness: All essential approvals and utilities are in place, enabling businesses to bring their concepts to life and open within a year.
Asbury Square is set to be a transformative force, creating jobs, boosting economic vitality, and offering Kent County new business and leisure experiences that honor its unique heritage.
Recently featured in Delaware Business Magazine.