The Real Deal Miami

Hudson Holdings to purchase Delray Beach portfolio

Developer plans to renovate numerous downtown properties

May 19, 2014 04:30PM

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Downtown Delray Beach and Sundy House hotel

Downtown Delray Beach and Sundy House hotel

The new owner of Lake Worth’s Gulfstream Hotel is set to redevelop a portion of downtown Delray Beach.

Hudson Holdings, which purchased the Gulfstream Hotel last week, is in contract to buy developer Tom Worrell’s properties in and around Swinton Avenue, just south of Atlantic Avenue, according to the Palm Beach Post. One of those properties is the Sundy House hotel, restaurant and gardens, at 106 South Swinton Avenue.

Hudson Holdings plans to create residential, shopping and hotel complexes at Tom Worrell’s properties. It is not yet known when the deal will close or for what price. [PBP] Christopher Cameron