Delray Beach

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.

Read More

13th Floor Homes Secures $14.1M Financing For Solera At Avalon Trails In Delray Beach

In response to increasing demand for rental housing among South Florida’s active-adult community (ages 55+), 13th Floor Homes, a division of 13th Floor Investments, has secured $14.1 million in construction financing for Solera at Avalon Trails. This community features 74 single-story villas and is located at 14800 Cumberland Drive in Delray Beach, Palm Beach County, Florida. The financing, led by the Canadian Imperial Bank of Commerce (CIBC), will support ongoing construction, set to begin in late 2023, with the first villas delivered in 2024.

Read More

ANF Group Tops Out The First Phase Of Parks At Delray At 2100 South Congress Avenue In Delray Beach, Florida

ANF Group, Inc., a full-service construction firm providing construction management, general contracting, development, and design-build services to the South Florida market, celebrated the topping out of the first phase of Parks at Delray, a mixed-use development located on 43 acres, featuring residential, retail and office space along Delray Beach’s Congress Avenue.

Read More

Grover Corlew Welcomes Now Optics To Delray Central Amidst Upcoming Mixed-Use Development

Grover Corlew, a South Florida-based real estate investment group, has announced the relocation of Now Optics to Delray Central. Now Optics, the parent company of leading affordable eyewear brands Stanton Optical and My Eyelab, has moved its headquarters to a 14,438-square-foot space at Delray Central, 1615 S. Congress Avenue. This site will also host a planned mixed-use development project, including Mayla Delray, an upscale 271-unit multifamily community with high-end lifestyle amenities.

Read More

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.

Read More

Fetching more...