Wilmington Friends School and Incyte Corporation have entered into a sales agreement for the Friends Lower School property in Alapocas which sits behind the biopharmaceutical research company's headquarters off Augustine Cut-Off.
Paula Swain, Incyte's Executive Vice President of HR and Facilities, said discussions about the parcel started very informally.
"And then led to something that was a little bit more serious and something that we realized could greatly benefit them as well as us."
Swain said Incyte is at the very beginning of this process and is starting to take a closer look at the property which they couldn't do prior to the sales agreement.
"So we're now in the process of surveying the land which is about twenty acres and does not include the soccer fields. It really is a long term play for us, it's not something that's going to happen in the near term."
If the sale moves forward to closing, then Incyte would have a myriad of other hurdles to overcome including getting the land rezoned.
Incyte is currently preparing to build a six-story building on the site formerly occupied by medical offices and Campanella's Auto and Tire Center.
"It will have three-and-a-half floors of lab and two-and-a-half floors of non-lab," he said. "That would be the end of our expansion without the Wilmington Friends."
And for some Alapocas residents that would be fine by them. According to Town Square Delaware, dozens of people living in nearby neighborhoods attended a meeting this week hosted by Wilmington Friends School to voice concerns over the proposed sale.