Polaroid Fotobar

A daring new retail concept, the Polaroid Fotobar will open today in Delray Beach, at the Delray Marketplace, the Palm Beach Post reported.

The collaboration between film company Polaroid and Boca Raton-based entrepreneur Warren Struhl will let customers print photos from their mobile devices, the Post said. [more]

A rendering of Delray Beach Marketplace

Today will mark the opening of an entertainment trifecta: bowling, movies and dining, at the Delray Beach Marketplace, the Sun Sentinel reported. The anticipated IMAX theater will premiere as part of the 70,000-square-foot Frank Theatres CineBowl & Grille, on Atlantic Avenue in Delray Beach. [more]

2200 Butts Road

Delray Beach-based HC Capital has arranged $5.75 million in financing for the Class A office building at 2200 Butts Road in Boca Raton, the firm announced today. The 31,702-square-foot, LEED-certified property was built in 2010. HC’s Kurt Hoffman and Chris Caveglia arranged the financing through a relationship with a correspondent life insurance company. The loan carries a 15-year term and a 25-year amortization schedule. “This was a unique opportunity to finance a LEED-certified office building,” Hoffman said. — Alexander Britell

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]

Delray Beach-based HC Capital has arranged $1.63 million in financing for the acquisition of the Edgewood Isles Shopping Center in Orlando. The property, which is located at 5601 South Orange Avenue in Orlando, has a total of 78,333 square feet. It is currently 63 percent occupied. The financing was arranged through a local lender with a 5-year term. HC’s Kurt Hoffman and Chris Caveglia arranged the financing on the deal. — Alexander Britell

NAI/Merin Hunter Codman has sold two properties formerly in receivership for a total of $9 million, the brokerage announced. The first, Village Center, is a 51,000-square-foot medical office complex in Delray Beach that sold for $5.5 million. The second was Habitat Center, a 62,000-square-foot office and retail center located at 4047 Okeechobee Boulevard in West Palm Beach for $3.5 million. NAI/Merin Hunter Codman had acted as the receiver on both properties, ultimately unloading both within a year. — Alexander Britell

Gino Gargiulo and John Rosatti’s BurgerFi have added a sixth location in South Florida, Eater reported. The new Aventura branch is now officially open at 18139 Biscayne Voulevard. Rosatti helped bring to market Delray Beach’s The Office eatery, along with actor Danny Devito’s former DeVito’s restaurant on South Beach. Last year, BurgerFi opened a new location in Delray Beach on A1A. [Eater]

Delray Beach-based HC Real Estate Capital’s Chris Caveglia and Kurt Hoffman have arranged $58 million in financing for the Royal Palm Place and Plaza in Boca Raton. The property, which includes 187 apartments and 206,765 square feet of retail and office space, is located on a 14-acre lot at 101 Plaza Real South. The financing is for a term of seven years. — Alexander Britell

Texas-based developer Behringer Harvard has begun construction on a 180-unit apartment complex in Delray Beach, according to the Sun Sentinel. The property, called “The Franklin Delray,” is located on an 8-acre tract at 1206 South Federal Highway in Delray Beach. [more]

Hyatt Place

The Hyatt Place hotel has officially opened in Delray Beach, the first such property to open in the county since 2009, the Sun Sentinel reported. The 134-room hotel, which is owned by the West Palm Beach-based Kotter Group, is located at 104 NE Second Avenue in Delray Beach. [more]