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ECONOMIC VITALITY GROW

DOWNTOWN DEVELOPMENT                                             Atlantic Crossing |The Ave/US 1 Neighborhoods
Under Construction                                               •	 $300 million mixed-use development by The Edwards

4th & 5th Delray | 25 SE 4th Ave. | US 1/SOFA                         Companies
•	 Mixed-use development opened Q1 2019 by IPIC and              •	 Nine-acre site (two city blocks) along Atlantic Avenue,

     Samuels & Associates.                                            bounded by Federal Highway (US1) to the west and
•	 World class IPIC Theatres complex, Class A office space,           Veterans Park along the Intracoastal Waterway to the east.
                                                                 •	 Six buildings each with a different architectural design and
     retail shops, valet parking, and a 326-space parking             generous public spaces.
     garage with a rooftop garden open to the public.            •	 All parking is hidden below ground or in a garage wrapped
111First Delray | 111 SE 1st Ave |SOFA Neighborhood                   by residences. Valet service will be offered.
•	 Five story building with 70 condominiums and 3,500 sq.        •	 83,000 square feet of Downtown’s first, Class A office
     ft. of retail space.                                             space, with 20,000 square-foot floorplates. Initial space
•	 Amenities include a pool deck, entertainment room, a               coming online in fourth quarter 2019.
     summer kitchen, a bar, grilling stations, cabanas, fitness  •	 73,000-square-foot retail and restaurant component.
     center.                                                     •	 Luxury apartments, condominiums and townhomes ranging
236 Fifth Avenue Delray Beach | 236 SE 5th Ave |US 1/                 from studios to three bedrooms. Completion anticipated in
SOFA Neighborhoods                                                    2020 for the first residences.
•	 Mixed-use development opening Q1 2019 by Samar
     Hospitality.                                                Courtyard by Marriott |135-185 S.E. Sixth Ave. | US 1
•	 Four-story building with 35 condominium residences, 122-      Neighborhood
     room Aloft Hotel and retail space.                          •	 Four-story hotel developed by Kolter Hospitality
•	 Amenities: over-sized elevated amenity deck with swim spa,    •	 150 rooms, pool and event space on the roof,116-space
     gym, concierge, covered parking, extensive conference
     and meeting facilities, restaurant, bar and lobby.               parking garage

      4th & 5th Delray
8 Annual Report | 2017–2018
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