Real estate investment firm Pebb Capital hosted a groundbreaking ceremony today to launch the construction of Sundy Village in Delray Beach. Attended by representatives from Pebb Capital, the City of Delray and the Downtown Development Authority, the ceremony is the culmination of three years of efforts between Delray Beach and Pebb Capital to redevelop the southwest corner of Atlantic and Swinton avenues.
Plans for the new mixed-use location include 96,000 square feet of Class A office space, more than 26,000 square feet of dining and retail space, and the preservation and restoration of six homes listed on the National Register of Historic Places, including The Rectory, Delray’s oldest home built in 1900.
Mayor Shelly Petrolia praised Pebb Capital’s commitment to the project and for “holding onto our history as we’re pressing forward.” Petrolia added that the project will create the catalyst needed to expand on the West Atlantic area.
