Downtown Delray’s development boom

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
The partially collapsed 12-story Champlain Towers South condo building (Getty)
Inside the tug-of-war over the Surfside condo site’s future
Inside the tug-of-war over the Surfside condo site’s future
Randal Perkins and the Delray Beach house (AshBritt, Douglas Elliman via Getty)
AshBritt founder flips oceanfront Delray Beach mansion for $22M
AshBritt founder flips oceanfront Delray Beach mansion for $22M
Alta Congress apartments at 250 Congress Park Road in Delray Beach and Crow Holdings CEO Michael Levy (Alta Congress, Crown Holdings)
Crow Holdings buys Delray Beach apartments for $112M
Crow Holdings buys Delray Beach apartments for $112M
 Adam Neumann (Getty, Bal Harbour Florida)
Ex-WeWork CEO Adam Neumann inks $44M deal for Bal Harbour properties
Ex-WeWork CEO Adam Neumann inks $44M deal for Bal Harbour properties
Alex Sapir and Giovanni Fasciano with Arte by Antonio Citterio in Surfside (Photos via Arte by Antonio Citterio/PR Newswire)
Miami penthouse sets cryptocurrency sale record: $22.5M
Miami penthouse sets cryptocurrency sale record: $22.5M
AshBritt's Randal Perkins and 111 South Ocean Boulevard in Delray Beach (Google Maps)
AshBritt founder drops $21M on oceanfront Delray Beach mansion
AshBritt founder drops $21M on oceanfront Delray Beach mansion
The Addison Place shopping plaza at 16850 and 16950 South Jog Road in Delray Beach with Site Centers CEO David Lukes (left) and Richard Caster of Azure Development (LinkedIn, Azure, Google Maps)
Site Centers buys Delray Beach shopping plaza for $40M
Site Centers buys Delray Beach shopping plaza for $40M
Healthpeak Properties CEO Thomas Herzog. (Healthpeak, Sonata)
Fortress buys three Palm Beach County assisted living facilities for $30M
Fortress buys three Palm Beach County assisted living facilities for $30M
arrow_forward_ios

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

Loading...