RLC Architects

Pebb Capital Secures $173M Construction Loan For ‘Sundy Village’ At 22 W. Atlantic Avenue In Downtown Delray Beach

Pebb Capital has secured a $173 million construction loan from Monroe Capital & J.P. Morgan for Sundy Village, a mixed-use development spanning approximately seven acres in the heart of Downtown Delray Beach. Following its groundbreaking in early 2023 and with delivery anticipated for summer 2024, this announcement marks another milestone for what will be the most unique, fully-amenitized lifestyle destination in the Atlantic Avenue District.

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Pebb Capital Breaks Ground on Sundy Village At 22 West Atlantic Avenue In Delray Beach

Real estate and private equity investment firm Pebb Capital has broken ground of Sundy Village. The milestone signifies the start of construction for the transformative mixed-use development located at the gateway of Downtown Delray Beach. On February 22, Pebb Capital, development partners, community members, and city officials gathered at the project site, 22 West Atlantic Avenue, for the official groundbreaking ceremony. Delray Beach Mayor Shelly Petrolia and Downtown Development Authority Executive Director Laura Simon were special guests at the ceremony. Bluewater Builders will serve as the general contractor, with delivery anticipated for the summer of 2024.

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