DELRAY SWAP SHOP TO BECOME LUXURY APARTMENTS

DELRAY SWAP SHOP TO BECOME LUXURY APARTMENTS

It seems like this is the fate of all old, run down sites in decent areas these days. The residential development is back in a big way and Delray Beach is seeing its fair share. Delray is very hot right now in fact, with properties trading hands quickly and for premium prices. This old flea market site has been vacant since 2006. Soon there will be a new apartment building, with lots of people coming and going. It is also a step forward in improving the Federal Highway corridor in Delray and Boynton Beach which has many blighted properties and has been stagnant for development. More retail is coming to East Delray in the form of Delray Crossing, a massive 2 block project that will feature retail and office space. Additionally, a huge retail project is coming up at Linton Blvd. and Federal Highway, which will feature a Trader Joe's. I hope to be announcing a new project in Delray soon where I will be doing the leasing for some space new to the market. So good things are happening in Delray these days and this is certainly one of them. There are no real details on the style of product that will be built here, other than it was approved for 22 units per acre. That information should be released soon now that they are moving forward with designing the project. There are even rumors that West Delray is going to soon see new development, which has been confined to East of I - 95 except for the Delray Marketplace lifestyle center. Once announced we will write about them right here, as you have come to expect I am sure. There is so much going on there now I can't even imagine what it will be like in 10 years, there is so much room for growth there. Exciting stuff for sure, and maybe my future home! As always thanks for reading and have a great day.