Downtown Delray’s development boom

Atlantic Avenue is seeing a swath of new projects

TRD MIAMI /
Jun.June 20, 2014 03:00 PM

Downtown Delray Beach’s famed Atlantic Avenue retail corridor is poised to see a influx of new residential and office development, according to CBRE vice president and retail broker Roxanne Register. 

For instance, developer Southcoast Partners is currently building Worthing Place, an upscale, courtyard-style community with 217 condominiums on three acres of land, according to the Daily Business Review.

There is also the Edwards Co.’s $200 million Atlantic Crossing project, which will add 83,000 square feet of office space, 76,000 square feet of retail and restaurants, hundreds of apartments and 82 condos to the area.

And the new SOFA district, for “south of Atlantic,” is seeing 172 new multifamily units and New Century is developing the mixed-use Uptown Delray.

“I am very excited about Atlantic Avenue because it is undergoing the change that was needed to attract new and better retailers, along with all the new condo and rental units.” Register told the Business Review. “It is going to become a major urban pedestrian shopping, dining and living district in the near future. It’s very exciting to be a part of the redevelopment of a downtown area that was floundering and now is a very desirable live-work-play urban city.” [DBR]Christopher Cameron


Related Articles

arrow_forward_ios
Cortland Partners CEO Steven DeFrancis and Depot Station apartment complex in Delray Beach (Google Maps)

Cortland pays $74M for Depot Station apartments in Delray Beach

Cortland pays $74M for Depot Station apartments in Delray Beach
Rendering of Echelon in Delray Beach

Developer plans boutique oceanfront condo project in Delray Beach

Developer plans boutique oceanfront condo project in Delray Beach
3200 South Federal Drive Delray Beach, Oak Street Real Estate Capital’s Jim Hennessy (Credit: Google Maps and LinkedIn)

Private equity firm sells Walgreens in Delray Beach for $8M

Private equity firm sells Walgreens in Delray Beach for $8M
Randy Klein and Ocean Delray (Credit: LinkedIn)

Crestron CEO to pay $7.6M for Delray Beach condo

Crestron CEO to pay $7.6M for Delray Beach condo
Gables Town Colony apartment complex, Sue Ansel of Gables Residential

Gables Residential scores $85M loan for Boca Raton apartment complex

Gables Residential scores $85M loan for Boca Raton apartment complex
Delray Trails and Mike Nunziata

13th Floor closes on 120-acre golf course for active adult community

13th Floor closes on 120-acre golf course for active adult community
William Dabbs

Contractor guilty of manslaughter in fatal shooting of his boss

Contractor guilty of manslaughter in fatal shooting of his boss
Craig Menin and 301 East Atlantic Avenue in Delray Beach (Credit: Google Maps)

Menin Development buys Johnnie Brown’s building in Delray Beach

Menin Development buys Johnnie Brown’s building in Delray Beach
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...