Publix plans new store in Delray Beach

Greg Lovett / The Palm Beach Post

Publix aims to build a store on Atlantic Avenue in Delray Beach, a move that would continue the retailer’s blanket coverage of a state where it’s already the dominant grocer.

Publix is negotiating with a developer and the Delray Beach Community Redevelopment Agency to build a 25,000-square-foot store in the 600 block of West Atlantic Avenue. The CRA this month signed an agreement to sell 2.75 acres it owns to Pasadena Capital Inc. of Orlando for $2 million.

In recent years, Publix has moved toward owning (rather than renting) its real estate. The 25,000-square-foot store would be similar in size to Publix locations in downtown Lake Worth and at CityPlace in West Palm Beach.

 

Delray Beach legal impresario joins forces with Boca Raton law firm

Michael Weiner

Delray Beach legal eagle Michael Weiner is joining forces with a Boca Raton law firm renowned for its prowess in homeowners and condominium law.

Sachs, Sax & Caplan will be the new home for the longtime zoning, land use and administrative law attorney.

Weiner, 68, is a ubiquitous figure at municipal hearings on behalf of real estate developers. Even his website’s name is all about his business: zonelaw.com.

And although he’s best known for his work representing Delray Beach real estate developers, Weiner’s practice extends from Boca Raton to Lake Worth.

But starting April 1, Weiner will become of counsel to Sachs, Sax.

Weiner, who has had his own law firm for more than 30 years, said he decided to join Sachs, Sax because he could not figure out a way to clone himself.

“I can only be in so many places at once,” Weiner said. And cities love to hold meetings on Tuesday nights at the same time, he added.

On a more serious note, Weiner said that Sachs, Sax’s land-use department complimented his own practice.

In addition, he said the heft of a full-service law firm with a wide geographic reach will help him better serve clients, particularly on topics such as climate change and transportation.

For its part, Sachs, Sax said Weiner broadens its expertise.

“The firm’s practice will be further diversified with Weiner’s extensive background in land use and zoning litigation, private property rights, historic property redevelopment, property tax challenges, and code enforcement defense and appeals,” the firm said in a statement.

“We are confident this milestone will benefit our existing clients while opening the firm up to new growth opportunities,” said Peter S. Sachs, a founding partner of Sachs Sax Caplan. “Our firm will undoubtedly be stronger and better positioned for the future with him on board.”

Sachs, Sax handles matters from Fort Lauderdale to Jupiter. With Weiner on board, the firm now will be able to handle not only matters throughout Palm Beach and Broward counties, but also from suburbs in the west to cities along the coast, east of Interstate 95.

Helping make the move more palatable is the fact that Weiner’s Delray Beach offices, at10 S.E. 1st Ave., soon could be transformed into a Delray Beach location of Louie Bossi. That’s the sizzling new Italian concept by West Palm Beach’s Big Time Restaurant Group.

In addition to community association and real estate law, Sachs Sax Caplan handles commercial litigation and appeals, estate planning and marital and family law. The firm’s main office is in Boca Raton, with another office located in Tallahassee.

 

 

Atlantic Avenue restaurant space on market for eye-popping sum

skybar
Buddha Sky Bar in Delray Beach.

Two years ago, the Buddha Sky Bar building at 217 E. Atlantic Ave. in Delray Beach sold for $5.9 million, according to property records. Now it’s on the market for $24.5 million.

Why the huge increase? Aside from a shortage of space in a bustling market, the seller says the recorded sale didn’t reflect the full value of the property.

“That was an inside deal between two partners buying each other out,” said Buddha Sky Bar owner Chris Licata.

The Atlantic Avenue market has commanded some premium prices. Last year, the buildings at 326 E. Atlantic and 400 E. Atlantic went for $19.5 million, or nearly $1,300 a square foot. If the 11,500-square-foot Sky Bar building gets its asking price, the deal will top $2,000 a foot.

“Buddha Sky Bar is the only three-story restaurant with views of Atlantic Avenue in Delray Beach, where restaurant space downtown commands a premium due to limited supply,” said Marc E. Strauss, a broker at Marcus & Millichap who’s listing the building.

Sky Bar is offering a sale-leaseback. It says it’ll sign a 10-year lease for the second and third floors and a one-year lease for the first floor.

Delray isn’t the only place where high street retail has been fetching hefty sums. The Brooks Brothers building on Worth Avenue in Palm Beach traded for $2,800 a foot, and the Tiffany building on Worth Avenue is on the market for $2,400 a foot.

No parking? Delray Beach real estate company launches free shuttle

corcoran

Here’s a creative way to market real estate: Starting Saturday, the Corcoran Group’s office in Delray Beach will provide free shuttle service to folks frustrated by the lack of parking near the beach and Atlantic Avenue.

Corcoran says the shuttle can hold five passengers and will run from 11 a.m. to 11 p.m. every day. You can order a ride from Downtowner.

The shuttle is outfitted with iPads showing videos and information about Corcoran.

See how much Urban Outfitters in Delray Beach sold for

urbn

The 11,073-square-foot Urban Outfitters building at 306 E. Atlantic Ave. just sold for $8.3 million, or $750 a square foot, said Howard Bregman, a Marcus & Millichap broker who represented the buyer.

Menin Development Inc. of Delray Beach was the buyer. Menin has been snapping up Delray properties, including a Sports Authority center on Linton Boulevard.

MORE DOWNTOWN DELRAY DEALS

Pineapple Grove property fetches top dollar

Delray landmark Doc’s All American for sale

Atlantic Avenue building sells for nearly $1,300 a square foot

Built in 1936, the building was sold by EASSA Properties of Delray.

Delray Beach retail property fetches top dollar

pineapple

A strip center in Delray Beach’s Pineapple Grove neighborhood just changed hands for a hefty $787 per square foot.

The 32,500-square-foot Esplanade Plaza at 241 NE Second Ave. sold for $25.6 million, according to property records. Tenants include Bistro 241 and the U.S. Post Office.

The buyer and seller are Delray Beach investors. The building was constructed in 1954.

MORE DOWNTOWN DELRAY DEALS

Delray landmark Doc’s All American for sale

Atlantic Avenue building sells for nearly $1,300 a square foot

 

Delray landmark Doc’s All American for sale

 

A quintessential Doc's moment. (Greg Lovett/The Palm Beach Post)
A quintessential Doc’s moment. (Greg Lovett/The Palm Beach Post)

Doc’s All American, the iconic ice cream and burgers joint at Atlantic and Swinton avenues in Delray Beach, is up for sale. The site is part of a 0.77-acre parcel being marketed as a teardown in Delray’s booming downtown.

Doc’s and the Dunkin Donuts at 37 W. Atlantic Ave. are on month-to-month leases, said Cecelia Boone, a broker at Southdale Properties who’s marketing the property. The listing price is undisclosed.

“This is a development opportunity, not an opportunity to keep those businesses there,” Boone said.

The site could hold a 23-unit condo development with some retail space.

“It’s probably one of the best corners coming into town, so we’re really looking for something spectacular,” Boone said.

Doc’s occupies a 1,084-square-foot building on a 0.19-acre lot at 10 N. Swinton Ave. The building was built in 1951. Also on the market is the 0.38-acre lot at 37 W. Atlantic, home to a Dunkin Donuts, and another lot in between. The site, owned by Cecilia Egan, is part of Delray’s Old School Square Historic district.

MORE NEWS ABOUT DELRAY HISTORIC DISTRICT

Historic Delray Beach properties set for redo

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Doc’s has one of the best chocolate milkshakes in Palm Beach County

Cross the Atlantic (Avenue) for a battle of British and American fare

Historic Delray Beach properties set for redo

Proposed revamp of Atlantic and Swinton avenues property
Proposed revamp of Atlantic and Swinton avenues property

Delray Beach’s historic downtown is about to undergo a renaissance, if a major landowner is successful in its plans.

Hudson Holdings and MGM Delray on Wednesday night unveiled plans to the city’s Historic Preservation Board for the restoration and relocation of eight historic buildings along Swinton Avenue.

The project is dubbed Swinton Commons.

See the presentation here.

Hudson Holdings’ Steven Michael said he want to restore the historic homes to their original designs and provide opportunities for artists and galleries to occupy the space.

“We want to do everything we can to rehabilitate and sustain the historic district,” Michael said.

Hudson Holdings, based in Delray Beach-based, in 2014 paid $17.15 million for Tom Worrell’s expansive properties in and around Swinton Avenue, just south of Atlantic Avenue.

Among them: The Sundy House hotel, restaurant and gardens, at 106 South Swinton Ave.

The Swinton Commons project has several elements, the first being to relocate historic structures.

Hudson Holdings’ properties include The Rectory, a former Methodist Church parsonage, built around 1912 and located at the southwest corner of Atlantic Avenue and Swinton Avenue, east of a check-cashing store.

Then there’s the Cathcart House, built in 1903 in the French Colonial Revival style.

Hudson Holdings wants to incorporate residential, retail, restaurant and office into the historic homes.

Facing Atlantic Avenue, Hudson Holdings wants to create a four-story project featuring shops on the ground floor, offices above that, and two residential floors on top. The company stressed it is proposing building below what is allowable by the city and it is also cleaning up unsightly properties, including the check cashing stores and surface parking lots that discourage pedestrian traffic.

MORE SWINTON AVENUE NEWS: Delray landmark Doc’s All American for sale

Hudson Holdings also owns the Gulfstream Hotel in Lake Worth.

The company submitted plans to the city in December for the redo of the property but Wednesday’s presentation marks the first time the developer has presented its ideas to the public.

Quiz: Which celebrity owns this mansion?

Can you guess which celebrity owns this Palm Beach mansion? Take our quiz! (Bill Ingram / The Palm Beach Post)
Can you guess which celebrity owns this Palm Beach mansion? Take our quiz! (Bill Ingram / The Palm Beach Post)

It’s no surprise Palm Beach County is a celebrity magnet.

With great beaches and tons of things to do, who could blame them for moving to town — or even just having a wedding here?

Take our quiz: Can you guess which mansion belongs to which celebrity?