A rendering of the project set for 8918 W Atlantic Avenue (Credit: Banyan Development)
More new development is coming to one of Palm Beach County’s hottest cities.
Banyan Development is building “Shop Delray,” a 34,000-square-foot retail development at the corner of Lyons Road and West Atlantic Avenue. The project is expected to be completed in June, and nine of the 11 retail slots are already leased, according to the Palm Beach Post. It sits next to the Delray Marketplace, a 250,000-square-foot dining and shopping facility that opened in 2013.
The development will include two upscale restaurants and Joseph’s Classic Market, a gourmet Italian food market, the Palm Beach Post reported. Other tenants will include MattressXperts, Breakroom Men’s Salon & Spa, Nekter Juice Bar, Forward Thinking, Tipsy Nailbar and Salon, a Re/Max real estate office and Ripe, an organic health food store.
Delray Beach is seeing a rush of new development due to its walkable downtown and rising prices in nearby Fort Lauderdale and West Palm Beach.
In January, Delray Beach’s Community Redevelopment Agency chose Aventura-based BH3’s mixed-use project AltaWest as the winning bidder among six proposals to develop the land at the 600, 700, 800 and 900 blocks on the south side of West Atlantic Avenue. Also in January, a joint venture led by 13th Floor Investments, Key International and CDS International bought the former Office Depot headquarters in Delray Beach for $33 million. The group intends to redevelop the property into one of the biggest projects in the city’s history. [Palm Beach Post] — Keith Larsen
from The Real Deal Miami https://therealdeal.com/miami/2019/04/11/new-retail-center-planned-for-delray-beachs-west-atlantic-ave/
via
No comments:
Post a Comment