Curtis Street Development Project (Guild Strategic Properties)
Delaware
Description
Council approved the incentive term sheet — 75%/15-year CRA abatement, 30-year non-school TIF, 50% income-tax sharing — for Guild's $48 million first-phase headquarters, R&D and manufacturing campus; actual ordinances and agreements still must come back to council.
Impact summary
Would fund new roads serving a major industrial campus while diverting non-school tax increment for up to 30 years per parcel; schools are held harmless.
Applicant
- Name
- Guild Strategic Properties, LLC / Guild Associates, Inc. (Allen Rutz); Fed One (Amy Biondi Huffman)
- Address
- ~70 acres off Curtis Street, near Pittsburgh Drive
At a glance
- Hearings
- 2
- Public comments
- 2
- Total mentions
- 2
Recorded in the meeting · City Council
Discussed at 1 meeting in the last 60 days; most recently Oct 26, 2026.
Meeting timeline (2)
City Council - Oct 26, 2026
A pair of measures creating a non-school TIF for the roughly 70-acre Curtis Street site and a reimbursement agreement with Guild Strategic Properties for about $3.2 million in road and infrastructure work.
City Council - Jul 27, 2026
Council approved the incentive term sheet — 75%/15-year CRA abatement, 30-year non-school TIF, 50% income-tax sharing — for Guild's $48 million first-phase headquarters, R&D and manufacturing campus; actual ordinances and agreements still must come back to council.
Related issues (1)
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