Page 3 - 2014 - 2015 Annual Report
P. 3

ECONOMIC DEVELOPMENT

RESEARCH RETAIN RECRUIT

Business Development                                   FACTS
                                                       Hannah Building – Northeast corner of NE 4th Avenue
 The DDA District has seen significant changes         and Atlantic Avenue – One retail store departed in
during the last year with renovations, relocations,    2012 and three opened, along with office space on
new merchants, offices, hotels and apartments.         the 2nd floor.
This growth is instrumental to the Downtown and to
the community in general. It increases employment      The family-owned George Buildings, at 326 and 400
opportunities – with over 1,000 jobs, enhances our     E. Atlantic Avenue – SW and SE corners of SE 4th Ave
area for visitors and residents, and contributes to    and Atlantic Avenue sold in April 2015 after 100 years.
our local economy.                                     The DDA is working closely with the new owner during
                                                       this transitional time.
 Instrumental in assisting with the opening of over
60 new businesses within the Downtown Districts,       iPIC development project is slated to be built on the
including the launch of Urban Outfitters retail store  site between SE 4th and 5th Avenues, just South of
which added over 30 employees to the Downtown          Atlantic Avenue. The project is still undergoing
and 10,000 square feet of fashion retail.              several approvals, including a site plan that
                                                       addresses the building‘s appearance and traffic flow,
 Highlighted 11 Downtown fashion designers and         before it can begin construction.
launched the “Fashion Movement.”
                                                       UNDER NEW OWNERSHIP		  NEW
 Increased involvement and collaboration with the
City of Delray Beach Office of Economic                Salon/Spa	   1 		      Retail		   17
Development.
                                                       Restaurant	  1 		      Restaurants	 14
 Attended and coordinated meetings with new
developers, property owners and potential new          Hotel		      1		       Office		   1
businesses providing key data and information
regarding the health of Downtown and the DDA.          Fitness		1		Hotel		 1

 Enhanced the Downtown holiday décor and               Retail		     3		       Arts & Culture	 1
lighting, creating a festive atmosphere which
contributed to the increase in activity and traffic    				Bar		 1
during December.
                                                       RELOCATIONS			         Fitness		  1

                                                       Retail		     3

                                                       Restaurant	3

                                                       RENOVATIONS

                                                       Retail		     2

                                                       Restaurants	3

                                                                                                                3
   1   2   3   4   5   6   7   8