SOUTH FLORIDA BUSINESS AND WEALTH
Pebb Capital recently held a groundbreaking ceremony for Sundy Village, a mixed-use development located at the gateway of downtown Delray Beach. The site at 22 West Atlantic Ave. spans approximately seven acres to serve as the entryway to the entertainment corridor of downtown Delray Beach. Gensler and RLC Architects led the project’s architecture, incorporating open-air courtyards, breezy walkways, green space, and indoor/outdoor dining and seating areas.
“We are now another step closer to realizing our vision for Sundy Village to drive positive economic impact to Delray Beach and be a placemaking project,” Todd Benson says, principal of Pebb Capital, a real estate and private equity investment firm. “Through collaborative efforts with many community members and the city, we have spent years conceptualizing this significant project and are thankful to all who supported us along the way. Sundy Village will usher in a new era of businesses and lifestyle for locals and visitors, showcasing the many special qualities of the area.”
Sundy Village will feature 99,000 square feet of ‘Class A’ offices, more than 28,000 square feet of retail and premium dining, and multiple structures listed on the National Register of Historic Places that will be preserved throughout the development process, including the Sundy House, the oldest house in Delray Beach, in addition to The Rectory and the Cathcart House.
Bluewater Builders will serve as the general contractor, with delivery anticipated for the summer of 2024. CBRE oversees Sundy Village’s office leasing, while Vertical Real Estate manages retail leasing.