The long awaited renaissance of West Delray took a huge step forward with the approval of the Uptown Atlantic project. It is 6 acres on the South side of Atlantic Avenue and when complete will feature retail space, office space and residential townhomes. It will be between Southwest 9th Ave and Southwest 6th Ave. It has been in the works since 2013 and is still not fully approved. If it does here is what will be built: 112 residential rental units ranging from studios to three bedrooms, 17,000 square feet of office space, 6,000 square feet dedicated to restaurants and 45,000 square feet for retail use. It says one of the tenants will be a grocery store. This is both interesting and amazing news. It is interesting because the project is not yet approved, so it must be a tenant who has signed a contingent lease. The amazing part is that a grocery store has been the one thing missing from downtown Delray so it would fill a huge hole there. Twenty two of the residential units will be for workforce housing, something else that is badly needed in this area. Yes Delray Beach is finally growing up and I think it will work out well. I think you will see great stores and restaurants gravitate to this area to take advantage of lower rents and before long it will be just as desirable as the space to the East of it. Smart people can invest in this area before it changes and make a small fortune. Better act quickly as things look like they are about to take off. As always thanks for reading and have a great day.
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