West End Neighborhood House

Press Releases

For Immediate Release: July 14, 2010
Contact: Molly Keresztury
Day Phone: 302-888-5318
Night Phone: 304-282-7932
Email: MKeresztury@westendnh.org

Cornerstone West unveils model Pavilion townhome

10 new homes offer affordable city-living for just $975 per month

Wilmington, July 13, 2010 – Just one year ago, the corner of 5th and DuPont streets in Wilmington’s historic Little Italy neighborhood was a blighted, empty city lot. Today, three brand new brick façade townhomes adorn the once empty corner – bringing one woman’s dream of affordable homeownership to life and encouraging many others to consider affordable city-living in Wilmington’s tight-knit West Side community.

“The Pavilion is exactly what I was looking for in a house and in a community,” said Zakiyyah Moore, a Pavilion owner and first-time homebuyer. “I wouldn’t have been able to buy a home without Cornerstone’s assistance. I’m so grateful to them, and everyone else, who helped me on my journey to homeownership.”

Approximately 150 neighbors, supporters and interested homeowners joined Cornerstone West on Tuesday to celebrate the grand opening of the Pavilion townhomes with a tour of a fully furnished energy-efficient three bedroom model Pavilion house. Guests also learned more about Cornerstone West, the surrounding neighborhood, and purchasing a pre-built or made to order 1.5 or 2.5 bath Pavilion home complete with off-street parking, an energy efficient design and central air conditioning.

Many prospective buyers said the price – monthly payments of just $975.00 for qualified buyers – low down payment fee of $1,000.00 and historic 3.85% interest rate were huge advantages to purchasing a home in the Pavilion, which will consist of 10 townhomes once complete. However, many interested homeowners were also drawn to the homes because they are enthusiastic about affordable city-living in a centralized location near shops, restaurants, and nightlife.

“Living in this community has so many advantages,” said Joan Fultz, director of Cornerstone West. “Many buyers are looking for a home that offers walkability; the Pavilion is perfect because it offers new construction within an established community containing shops, restaurants and parks.”

Fultz says that city and state government departments, including the City of Wilmington, Delaware State Housing Authority, Delaware’s Department of Natural Resources and Environmental Control and the Wilmington Housing Partnership, are also focused on creating livable, walkable neighborhoods and helped bring the Pavilion to life by collaborating with Cornerstone West.

The completion of the Pavilion townhomes will mark $35 million worth of community development on the West Side – including 88 renovated and sold homes, 83 mixed-income rental units and 94 home and façade improvements – over the last 10 years.

About Cornerstone West:

Created in 1999 from a collaborative partnership between West End, St. Francis Hospital and the community, Cornerstone West has created a total of 338 affordable housing opportunities and home improvements in the Wilmington area since their inception, investing over $55 million into the Wilmington community.  For more information, visit www.cornerstonewest.org.

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