A rendering of the Sundy Village project in Delray Beach. Rendering
Buyer Pebb Capital says it will start construction within a year.
October 28, 2019 at 03:43 PM
1 minute read
South Florida real estate reporter
The long-discussed Midtown Delray is getting another chance after a Boca Raton-based development firm bought the project site for $40 million.
Family owned Pebb Capital, which spun off in 2014 from Pebb Enterprises, bought the nearly 7-acre site from an affiliate of Marshall Florida Investments, a Raleigh, North Carolina, investor that was part of the team that assembled the acreage. The deal closed on Oct. 18.
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