Delray Landing, redeveloped by PEBB Enterprises, is experiencing increased leasing activity with Retro Fitness and Crown Wine signing leases at the intersection of West Atlantic Avenue and Military Trail, making it a prime business location. Retro Fitness will occupy 17,299 square feet of the center, while Crown Wine has secured a 4,100 square-foot space. The center has also signed Keke’s Breakfast Café, which has leased 4,200 square feet of space, and a 1,500-square-foot dentist’s office. These new tenants will join Sprouts, Burger King, and Taco Bell. This summer, the center is preparing for a grand reopening event.
“Our leasing team is doing an excellent job creating momentum for what will be a true Class A retail destination in Central Delray,” Chris Stewart says, PEBB’s Executive Vice President, Head of Leasing. “This dynamic group of new tenants perfectly complements the center’s strong grocery anchor and fills a need for additional service-oriented retail and dining options in the neighborhood.”
In June 2021, PEBB acquired the center at 5024-5070 W. Atlantic Ave. in a joint venture with Cincinnati-based Topvalco Inc. It is currently undergoing a redevelopment project that includes a new façade, roof, parking lot, site lighting, signage and landscaping. The project is expected to be a significant catalyst for the Central Delray area, creating a focal point for community members to gather, shop and dine. The company acquired Delray Landing (previously known as Delray Commons) in 2003 and held onto it until it was sold in 2015. Topvalco stepped in and purchased the property three years after the sale.