A new mixed-use venture is coming to Atlantic Avenue in Palm Beach County, FL. The venture, called “Atlantic Crossing Delray,” will consist of six low-rise buildings. The subject of this article will be the first and second building. The former includes residential units, while the latter includes restaurants, offices, and retail stores. In the site plans, the buildings are called “Building I” and “Building II.”
Building I will comprise 82 condos and 261 apartments, according to Delray’s Downtown Development Authority. Building II, which features a below-ground parking garage, will require 83,000 square feet of office space and 76,000 square feet of retail spaces, like shops and restaurants.
The Construction Journal notes that Building I alone will cost anywhere from $5 million to $10 million to complete. The overall plan was first proposed in 2017 and hopefully will wrap up construction either in the fourth quarter of 2021 or early next year. The “parkside condominiums” will be available until 2023, per Atlantic Crossing’s website.
Other aspects of this project include more apartments, a courtyard, and pool. The venture is located in the heart of Delray’s Downtown Area, located at 777 East Atlantic Avenue, Delray Beach, FL, 33483. Additional projects are underway as the Covid-19 pandemic draws to a close.