New center approved for Delray Beach, Fla.

Delray Beach, Fla. With approvals in place, Atlantic Plaza II is poised to transform two city blocks in Delray Beach, Fla., into a suburban downtown mixed-use destination, according to Bill Milmoe, president of CDS International Holdings.

The $325 million Atlantic Plaza II will bring together a specialty retailing opportunity, Class A office space, and upscale residences in a pedestrian-oriented environment. The 8.5-acre site, designed by Vander Ploeg & Associates of Boca Raton, Fla., will take advantage of its urban infill location, with six distinctive three- to five-story buildings that include an outdoor lifestyle center component featuring 132,000 sq. ft. of shops and restaurants, and a 50,000-sq.-ft. two-story retail anchor space.