A rendering of the proposed development
The Delray Beach city commission is set to vote Nov. 13 on what would be the largest development in downtown Delray Beach, the Palm Beach Post reported. The project, currently known as Atlantic Plaza II, would bring a $200 million, 9-acre mixed-use development to Atlantic Avenue west of the Intracoastal Waterway. The plan calls for 442 residences, 80,000-square feet of Class A office space and 80,000 square feet of shops. The developers are vitamin tycoon Carl DeSantis, former Rexall Sundown owner and head of CDS International Holdings, together with the Ohio-based Edwards Companies.
“It’s a great project for the city, and the economic benefits are incredible in terms of the tax dollars going to the Community Redevelopment Agency,” Bill Morris, a consultant for the developers, said. [more]