Developing Housing in Coastal Delaware

Published: April 27, 2021, 4:51 a.m.

b'Preston Schell, co-founder and President of the Ocean Atlantic Companies, speaks with Sean O\'Neill, Policy Scientist at the University of Delaware\\u2019s Institute for Public Administration (IPA), about the housing market in southern Delaware. During this February 10, 2021 interview, Preston recounts his start in the real estate industry while offering insights on the current and future demand for and challenges associated with residential development in Sussex County, Delaware. \\n\\nOcean Atlantic Companies is a diversified group of real estate development, management, construction, and brokerage firms, including Ocean Atlantic Management, Ocean Atlantic Sotheby\\u2019s, and Schell Brothers, which is one of the largest new home developers in Sussex County. To learn more about Preston\'s work with Ocean Atlantic Companies, visit www.oacompanies.com. \\n\\nThis episode is presented as part of the \\u201cEmerging Development Trends in Delaware\\u201d series, featuring interviews with planning and real estate professionals working across Delaware. These conversations consider how the pandemic has directly impacted real estate development and land use in the region, and how these trends may play out in the future. Listen to episodes in the series at soundcloud.com/first-state-insights/sets/emerging-development-trends.\\n\\nLearn more about IPA at ipa.udel.edu.\\n\\nOpening and closing music: "I Dunno" by Grapes, used under Creative Commons 3.0 License.'