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PEBB Enterprises and Banyan Development Break Ground on Delray Beach Development

The project features a multi-tenant retail building, 100,000 square feet of self-storage and a car wash outparcel.

| SFBW Staff

Construction on a new mixed-use project has started in the West Delray section of Delray Beach. PEBB Enterprises and Banyan Development are working together on this venture, bringing much-needed retail and self-storage space to the area. The Atlantic II development will be located on almost 10 acres at 8778 W. Atlantic Ave. The Atlantic II project combines a multi-tenant retail building spanning around 10,000 square feet, 100,000 square feet of self-storage space and a car wash outparcel. The team behind the project has already signed a contract for selling the outparcel and plans to complete the entire venture by mid-2024.

The development of Atlantic II is being undertaken through a partnership between Liberty Investment Properties, PEBB, and Banyan. With over 30 years of experience in the field, Liberty Investment Properties has previously developed over 65 successful self-storage assets in various parts of the United States. The company is drawing on its recent strategic alliance with StoreEase Virtual Management for Atlantic II to introduce an innovative, technology-driven experience that will appeal to customers. The finalization of a lease with Paradise Grills to occupy 6,000 square feet of the retail building has been confirmed.

“We are excited to further enhance West Delray with new retail offerings and self-storage space,” PEBB President and CEO Ian Weiner says. “The area’s housing boom has created a significant need for complementary commercial real estate, and our joint venture continues to identify opportunities to fill the void.”

The Atlantic II project site is conveniently situated near PEBB’s nearby Plaza Delray, which boasts 30,700 square feet of restaurants and service-oriented retail shops. In addition, the location is close to popular retail centers like Delray Marketplace and Shop Delray, developed by Banyan.

“These centers are capitalizing on the incredible residential growth in Northwest Boca Raton and West Delray,” Banyan Development Principal Jason Sher said. “Our venture looks forward to building upon our market knowledge and successful West Delray portfolio with Atlantic II.”

For Atlantic II leasing inquiries, contact Chris Stewart at (561) 613-4020 or cstewart@pebbent.com or Jenny Schuemann at jschuemann@pebbent.com.

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Drew Limsky

Drew Limsky

Editor-in-Chief

BIOGRAPHY

Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. His other clients have included Four Seasons, Acqualina Resort & Residences, Yahoo!, American Airlines, Wynn, Douglas Elliman and Corcoran. As an adjunct assistant professor, Limsky has taught journalism, film and creative writing at the City University of New York, Pace University, American University and other colleges.