Less than two years after buying two downtown Wilmington properties known as Bracebridge I and III on 11th Street at King and French streets, Incyte Corporation announced on Wednesday afternoon, February 11, 2026, that they are selling the buildings to Buccini Pollin Group (BPG).
WDEL learned in early December that work had stopped on the two projects, however, neither Incyte nor the City of Wilmington or State of Delaware would confirm the work stoppage.
On January 2, 2026, Incyte responded to WDEL’s fourth request for comment.
“We continue to be headquartered in Wilmington and remain actively involved in the downtown project. We are currently working to refine the plans to align with our needs and are happy to keep you updated as the project and plans progress,” said the statement…