Plans have been finalized for the redevelopment of Delray Square Shopping Center, a 150,000 square foot retail shopping center located on the north east corner of the intersection of Atlantic Avenue and Military Trail, in Delray Beach, Florida. Construction will commence this summer, with space available starting in the third quarter of 2018.
The center will be anchored by a new 45,600 square foot Publix Super Market, which will replace their existing store in the center, that is over 40 years old. In addition to Publix upgrading their store, there will be approximately 17,000 square feet of new retail shop space available for lease. The remaining retail spaces within the center will be updated with new facades as well.
Mike Fetherston with The Shopping Center Group is spearheading the leasing of the remaining retail space, and has already either secured or is in the final stages of lease negotiations with the following new tenants: Chick-Fil-A, Chipotle, Mattress One, Great Clips, Pet Supermarket, and Lee’s Nails. There is about 50,000 square feet of junior anchor space currently available, as well as several small shop spaces still available. The leasing activity at Delray Shopping Center has been strong.
“We are excited that Publix has committed to upgrade their presence in this market. Their commitment to the community, plus the strong level of interest we have had from national and local retailers, speaks volumes about the strength of this area”, said Dave Hanby, Retail Partner at The Keith Corporation.