Laurel Redevelopment Corporation is located at 115 Delaware Avenue.
In 1992, a group of community-minded citizens and business leaders formed the Laurel Redevelopment Corporation (LRC) specifically for the purpose of rehabilitating and revitalizing the blighted areas of downtown Laurel Delaware. Within months of its founding, and after raising private charitable contributions now totaling nearly $300,000, the LRC removed the worst of the derelict buildings on Market Street and initiated projects and improvements in cooperation with the Town Government which have resulted in the present-day Market Square Park, with its handsome Victorian gazebos and bandstand.
During the ensuing years, extensive property purchases along Broad Creek, in the Oldtown residential neighborhood, and in commercial Downtown Laurel, were accomplished. Six sizeable, vacant, derelict andunder-utilized commercial and light-industrial sites in the vicinity of Broad Creek were purchased and cleaned up. Where vintage commercial buildings were salvageable, they were renovated and leased to small entrepreneurial firms.
Today, all property along the Broad Creek waterfront is owned by either the Laurel Redevelopment Corporation or the Town of Laurel. Walkable parks, entrepreneurial jobs, and upscale villas have replaced run-down buildings and blighted areas. The LRC is an integral partner in The Ramble, a mixed-used redevelopment project, and efforts to brand and revitalize the central business area.